Mexico - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pork Cut Price in Mexico - 2023
Contents:
- Frozen Pork Cut Price in Mexico (FOB) - 2023
- Frozen Pork Cut Price in Mexico (CIF) - 2023
- Frozen Pork Cut Exports in Mexico
- Frozen Pork Cut Imports in Mexico
Frozen Pork Cut Price in Mexico (FOB) - 2023
In June 2023, the average frozen pork cut export price amounted to $4,182 per ton, picking up by 9.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 22% month-to-month. As a result, the export price reached the peak level of $4,457 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($4,538 per ton), while the average price for exports to the United States stood at $2,047 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.3%).
Frozen Pork Cut Price in Mexico (CIF) - 2023
In March 2023, the average frozen pork cut import price amounted to $2,776 per ton, surging by 12% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $2,861 per ton in July 2022; however, from August 2022 to March 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From July 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -0.8% per month.
Frozen Pork Cut Exports in Mexico
In 2022, overseas shipments of frozen hams, shoulders and cuts of pig meat decreased by -88.7% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 333%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, frozen pork cut exports shrank significantly to $4.7M in 2022. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 334% against the previous year. As a result, the exports attained the peak of $26M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Frozen Pork Cut in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.1 | 2.4 | 2.6 | 3.4 | 3.1% |
| United States | 2.0 | 1.3 | 1.5 | 0.9 | -23.4% |
| China | 0.8 | 21.6 | 19.8 | 0.2 | -37.0% |
| South Korea | N/A | 0.3 | 0.1 | 0.2 | -18.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 25.7 | 24.0 | 4.7 | -7.3% |
Top Export Markets for Frozen Pork Cut from Mexico in 2022:
- Japan (767.2 tons)
- United States (234.2 tons)
- China (72.5 tons)
- South Korea (56.2 tons)
Frozen Pork Cut Imports in Mexico
In 2022, purchases abroad of frozen hams, shoulders and cuts of pig meat decreased by -18.8% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a sharp slump.
In value terms, frozen pork cut imports dropped to $4.3M in 2022. In general, imports continue to indicate a dramatic decrease.
| Import of Frozen Pork Cut in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | N/A | 4.6 | 3.1 | -15.3% |
| Canada | 3.8 | N/A | 0.1 | 1.2 | -31.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.0 | N/A | 4.7 | 4.3 | -21.8% |
Top Suppliers of Frozen Pork Cut to Mexico in 2022:
- United States (1189.2 tons)
- Canada (464.5 tons)
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:
- 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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