Mexico - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in Mexico - 2023
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Chick Peas Price in Mexico (FOB) - 2023
The average chick peas export price stood at $809 per ton in August 2023, reducing by -10.2% against the previous month. Overall, the export price recorded a pronounced curtailment. The pace of growth was the most pronounced in July 2023 when the average export price increased by 31% m-o-m. Over the period under review, the average export prices reached the maximum at $1,595 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the countries with the highest prices were the United States ($809 per ton) and Greece ($809 per ton), while the average price for exports to Peru ($809 per ton) and Turkey ($809 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (0.0%), while the prices for the other major destinations experienced a decline.
Chick Peas Exports in Mexico
For the third year in a row, Mexico recorded decline in overseas shipments of chick peas, which decreased by -17.1% to 101K tons in 2022. In general, exports saw a precipitous slump. The smallest decline of -0.1% was in 2021.
In value terms, chick peas exports rose remarkably to $140M in 2022. Over the period under review, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Chick Peas in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 22.4 | 28.5 | 40.7 | 65.0 | 42.6% |
| Turkey | 45.3 | N/A | 46.6 | 42.3 | -2.3% |
| United States | 11.7 | 12.4 | 10.1 | 17.3 | 13.9% |
| Spain | 21.1 | 15.4 | 2.6 | 3.6 | -44.5% |
| Peru | N/A | N/A | 2.1 | 2.5 | 19.0% |
| Brazil | 4.0 | 4.7 | 3.5 | 2.1 | -19.3% |
| United Arab Emirates | 5.0 | 4.4 | 6.3 | 1.2 | -37.9% |
| Iraq | 3.2 | 2.5 | N/A | N/A | -21.9% |
| Others | 16.9 | 21.8 | 18.3 | 6.5 | -27.3% |
| Total | 130 | 89.8 | 130 | 140 | 2.5% |
Top Export Markets for Chick Peas from Mexico in 2022:
- Algeria (47.0K tons)
- Turkey (30.1K tons)
- United States (12.5K tons)
- Spain (2.6K tons)
- Peru (1.8K tons)
- Brazil (1.4K tons)
- United Arab Emirates (0.9K tons)
This report provides an in-depth analysis of the chick peas 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 191 - Chick-peas, dry
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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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, HARVESTED AREA AND YIELD
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
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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
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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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
721
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April 2023 saw a -7% drop in the Dry Peas price, from $684 per ton CIF to Mexico in the previous month.
295
In December 2022, the price of monophenols was $2,022 per ton (CIF, Mexico), a 20% increase compared to the previous month.
177
This article provides information on the import price and volume of monophenols in Mexico in November 2022. The import price reduced by -50.2% against the previous month, with the highest price coming from Germany and the lowest from the United States. The amount of monophenols imported into Mexico soared to 2.2K tons, rising by 178% against October 2022, with the United States being the main supplier. Import values, however, continue to indicate a perceptible decrease.
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