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Mexico - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Mar 3, 2023
Mexico's Frozen Pork Cut Price Skyrocket 14%, Averaging $4,285 per Ton
Mexico Frozen Pork Cut Export Price in November 2022
In November 2022, the frozen pork cut price amounted to $4,285 per ton (FOB, Mexico), surging by 14% against the previous month. In general, export price indicated a perceptible expansion from January 2022 to November 2022: its price increased at an average monthly rate of +4.1% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, frozen pork cut export price decreased by -3.9% against July 2022 indices. The pace of growth was the most pronounced in March 2022 when the average export price increased by 109% against the previous month. As a result, the export price attained the peak level of $4,638 per ton. From April 2022 to November 2022, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From January 2022 to November 2022, the rate of growth in terms of prices for the United States amounted to +17.1% per month.
Mexico Frozen Pork Cut Exports
In November 2022, shipments abroad of frozen hams, shoulders and cuts of pig meat decreased by -12.7% to 49 tons, falling for the second consecutive month after two months of growth. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in April 2022 with an increase of 269% against the previous month. As a result, the exports attained the peak of 272 tons. From May 2022 to November 2022, the growth of the exports failed to regain momentum.
In value terms, frozen pork cut exports dropped modestly to $211K (IndexBox estimates) in November 2022. In general, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in April 2022 with an increase of 185% month-to-month. As a result, the exports reached the peak of $976K. From May 2022 to November 2022, the growth of the exports remained at a somewhat lower figure.
Mexico Frozen Pork Cut Exports by Country
Japan (49 tons) was the main destination for frozen pork cut exports from Mexico, accounting for a approximately 100% share of total exports. From January 2022 to November 2022, the average monthly rate of growth in terms of volume to Japan totaled +1.5%.
In value terms, Japan ($211K) also remains the key foreign market for frozen pork cut exports from Mexico. From January 2022 to November 2022, the average monthly rate of growth in terms of value to Japan stood at +1.5%.
Pork Market Overview
Pork is a popular meat in Mexico, and its consumption has been growing steadily in recent years. This is due to the growing population and the changing dietary habits of Mexicans, who are increasingly opting for protein-rich diets. Pork is an excellent source of protein and is also relatively affordable, which makes it a popular choice among consumers.
Frozen pork cuts offer several benefits over fresh pork, such as longer shelf life, convenience, and easy storage. These factors are expected to drive the growth of the frozen pork cut market in Mexico during the forecast period.
Mexican pork production has traditionally been geared towards the domestic market, but in recent years exports have become increasingly important. The Mexican pork sector has undergone significant changes in recent years. Pork production has shifted from small-scale family farms to larger commercial operations, and there has been a consolidation of the industry into a handful of large companies.
This report provides an in-depth analysis of the frozen pork cut market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
Country coverage:
• Mexico
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Producing Animals Slaughtered, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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