Mexico - Fresh Or Chilled Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Cut Price in Mexico - 2023
Contents:
- Fresh Pork Cut Price in Mexico (CIF) - 2023
- Fresh Pork Cut Price in Mexico (FOB) - 2022
- Fresh Pork Cut Imports in Mexico
- Fresh Pork Cut Exports in Mexico
Fresh Pork Cut Price in Mexico (CIF) - 2023
In June 2023, the average fresh pork cut import price amounted to $2,075 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 an increase of 18% month-to-month. Over the period under review, average import prices hit record highs at $2,667 per ton in October 2022; however, from November 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Canada ($2,141 per ton), while the price for the United States totaled $2,063 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Canada (-0.7%).
Fresh Pork Cut Price in Mexico (FOB) - 2022
The average fresh pork cut export price stood at $2,505 per ton in 2022, falling by -24.8% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. The export price peaked at $5,065 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,271 per ton), while the average price for exports to the United States ($2,012 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.1%).
Fresh Pork Cut Imports in Mexico
In 2022, imports of fresh or chilled hams, shoulders and cuts of pig meat into Mexico surged to 1M tons, jumping by 31% on the previous year's figure. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fresh pork cut imports surged to $2.1B in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh Pork Cut in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 973 | 943 | 1,151 | 1,857 | 24.0% |
| Canada | 189 | 97.4 | 181 | 253 | 10.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,162 | 1,041 | 1,332 | 2,110 | 22.0% |
Top Suppliers of Fresh Pork Cut to Mexico in 2022:
- United States (880.4K tons)
- Canada (121.2K tons)
Fresh Pork Cut Exports in Mexico
In 2022, the amount of fresh or chilled hams, shoulders and cuts of pig meat exported from Mexico surged to 245 tons, with an increase of 570% against the year before. In general, exports, however, saw a precipitous curtailment.
In value terms, fresh pork cut exports skyrocketed to $614K in 2022. Over the period under review, exports, however, faced a sharp decrease.
| Export of Fresh Pork Cut in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | 456 | 94.4 | 296 | -19.4% | |
| Canada | N/A | N/A | 263 | 0% | |
| United States | 488 | 27.5 | 53.5 | -66.9% | |
| Poland | 164 | N/A | N/A | 0% | |
| Others | N/A | N/A | 1.8 | 0% | |
| Total | 1,107 | 122 | 614 | -25.5% | |
Top Export Markets for Fresh Pork Cut from Mexico in 2022:
- Canada (128.1 tons)
- Japan (90.6 tons)
- United States (26.6 tons)
This report provides an in-depth analysis of the fresh 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 10111250 - Fresh or chilled hams, shoulders and cuts thereof with bone in, of pig meat (including fresh meat packed with salt as a temporary preservative)
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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
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The rate of growth in pork imports reached its highest point in May 2023, with a significant increase of 28% compared to the previous month. However, the value of pork imports declined to $217M in June 2023.
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Germany continued its dominance in the global pork trade. In 2014, Germany exported X thousand tons of pork totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total pork exp
