Mexico - Cheese - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCheese Price in Mexico - 2023
Contents:
- Cheese Price in Mexico (CIF) - 2023
- Cheese Price in Mexico (FOB) - 2023
- Cheese Imports in Mexico
- Cheese Exports in Mexico
Cheese Price in Mexico (CIF) - 2023
In June 2023, the average cheese import price amounted to $4,775 per ton, reducing by -10% against the previous month. Over the period under review, the import price saw a mild curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 24% month-to-month. As a result, import price attained the peak level of $5,541 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was New Zealand ($5,127 per ton), while the price for the United States ($4,654 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Cheese Price in Mexico (FOB) - 2023
In June 2023, the average cheese export price amounted to $6,601 per ton, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices hit record highs in June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +2.1% per month.
Cheese Imports in Mexico
In 2022, the amount of cheese imported into Mexico surged to 129K tons, jumping by 23% on the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cheese imports skyrocketed to $658M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cheese in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 417 | 432 | 430 | 604 | 13.1% |
| Chile | N/A | N/A | 9.2 | 14.3 | 55.4% |
| Netherlands | 0.5 | 32.4 | 5.9 | 13.3 | 198.5% |
| New Zealand | 15.2 | N/A | 10.6 | 11.3 | -9.4% |
| Others | 22.3 | 19.3 | 20.4 | 15.6 | -11.2% |
| Total | 455 | 483 | 476 | 658 | 13.1% |
Top Suppliers of Cheese to Mexico in 2022:
- United States (120.2K tons)
- Chile (2.9K tons)
- New Zealand (2.5K tons)
- Netherlands (2.2K tons)
Cheese Exports in Mexico
In 2022, the amount of cheese exported from Mexico soared to 7.3K tons, jumping by 52% against 2021. Over the period under review, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cheese exports soared to $37M in 2022. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cheese in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.5 | 17.2 | 20.7 | 34.2 | 33.1% |
| Chile | 7.6 | N/A | 0.4 | 2.3 | -32.9% |
| Guatemala | 1.3 | 1.1 | 0.4 | N/A | -44.5% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 23.6 | 18.4 | 21.6 | 36.5 | 15.6% |
Top Export Markets for Cheese from Mexico in 2022:
- United States (6.8K tons)
- Chile (0.6K tons)
This report provides an in-depth analysis of the cheese 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:
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1055
This report provides an in-depth analysis of the cheese market in Mexico.
363
This report provides an in-depth analysis of the uncured cheese market in Mexico.
429
This report provides an in-depth analysis of the market for grated and blue cheese in Mexico.
416
This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) in Mexico.
221
This report provides an in-depth analysis of the cheese and curd market in Mexico.
7026
This report provides an in-depth analysis of the global cheese market.
794
This report provides an in-depth analysis of the global uncured cheese market.
439
This report provides an in-depth analysis of the global market for grated and blue cheese.
756
This report provides an in-depth analysis of the global market for processed cheese (excluding grated or powdered).
648
This report provides an in-depth analysis of the global cheese and curd market.
276
In November 2022, the cheese price amounted to $5,480 per ton (CIF, Mexico), increasing by 20% against the previous month.
282
In October 2022, the cheese and curd price stood at $4,568 per ton (CIF, Mexico), which is down by -17.3% against the previous month.
482
The global cheese market is forecast to reach a value of $123.2 billion by 2030, growing at a CAGR of around 4.2% during 2022-2030.
552
In 2019, the global cheese market increased by 2.3% to $114.1B, rising for the third year in a row after two years of...
1029
The global cheese market revenue amounted to $111.7B in 2018, going up by 3.2% against the previous year. This figure refl...
1261
In 2015, the cheese market was estimated at X thousand tons.
1947
From 2007 to 2015, the global cheese market showed an upward trend. In 2015, the cheese market was estimated at X thousand tons. In value terms, the cheese market value seesawed due to price fluctuations. It stood at X million USD, which wa
11741
Global cheese market production was estimated at X million USD in 2015, a decrease of X million USD (X%) against 2014. In physical terms, the production of cheese was estimated at X million USD in 2015, which was X million USD (X%) mo
1476
From 2007 to 2015, global cheese exports increased by +X% per year, amounting to X billion USD in 2015. In physical terms, exports on the global cheese market reached X thousand tons in 2015, an increase of X thousand tons against the pr
3425
The total value of global cheese imports in 2015 stood at X billion USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, cheese imports reached X thousand tons in 2015, an increase of X thousand ton
