Mexico - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Mexico - Green Beans - Market Analysis, Forecast, Size, Trends and Insights

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Green Bean Price in Mexico - 2023

Contents:

  1. Green Bean Price in Mexico (FOB) - 2023
  2. Green Bean Price in Mexico (CIF) - 2022
  3. Green Bean Exports in Mexico
  4. Green Bean Imports in Mexico

Green Bean Price in Mexico (FOB) - 2023

In June 2023, the average green bean export price amounted to $1,499 per ton, declining by -5.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 22% against the previous month. The export price peaked at $1,830 per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was the United States ($1,499 per ton), while the average price for exports to Canada stood at $1,499 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.2%).

Green Bean Price in Mexico (CIF) - 2022

In 2022, the average green bean import price amounted to $2,018 per ton, surging by 62% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, green bean import price increased by +117.0% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.9% per year.

Green Bean Exports in Mexico

In 2022, green bean exports from Mexico rose significantly to 56K tons, growing by 5.4% against 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, green bean exports dropped to $75M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 7.6%.

Export of Green Bean in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States67.971.577.873.22.5%
Canada1.93.62.71.90.0%
OthersN/A0.1N/AN/A0%
Total69.975.280.675.12.4%

Top Export Markets for Green Bean from Mexico in 2022:

  1. United States (54.2K tons)
  2. Canada (1.5K tons)

Green Bean Imports in Mexico

In 2022, supplies from abroad of green beans decreased by -96.3% to 154 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp reduction. The growth pace was the most rapid in 2020 when imports increased by 104% against the previous year. As a result, imports reached the peak of 4.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, green bean imports fell dramatically to $311K in 2022. Over the period under review, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 90% against the previous year.

Import of Green Bean in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.13.94.70.3-47.7%
GuatemalaN/A0.10.4N/A300.0%
OthersN/AN/AN/AN/A0%
Total2.14.05.10.3-47.7%

Top Suppliers of Green Bean to Mexico in 2022:

  1. United States (153.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green bean 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 414 - Beans, green
  • FCL 423 - String Beans

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Decrease of 11% in Mexico's June 2023 Export of Green Beans: Totaling $6M
Oct 22, 2023
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In November 2022, the Green Bean industry experienced an impressive growth rate with a 66% month-on-month increase in exports. However, this growth quickly declined as the value of green bean exports dropped to $6M in June 2023.

Global Green Bean Market Grows Robustly to $31B
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The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...

Which Country Eats the Most Green Beans in the World?
Feb 9, 2018
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Global green bean consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Exports the Most Green Beans in the World?
Feb 1, 2018
Eye 5225

Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Imports the Most Green Beans in the World?
Jan 16, 2018
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Global green bean imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level. 

Which Country Produces the Most Green Beans in the World?
Oct 13, 2017
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In 2015, the country with the largest volume of the green bean output was China (X thousand tons), accounting for X% of global production.

Green Bean Market - France’s Green Bean Exports Increased by 5% in 2014
Sep 16, 2015
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France continued its dominance of the global green bean trade. In 2014, France exported X thousand tons of green beans totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total bea

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Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.

Which Country Exports the Most Green Peas in the World?
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Global green peas exports amounted to X thousand tons in 2015, remaining stable against the previous year level.

Which Country Imports the Most Green Peas in the World?
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Global green peas imports amounted to X thousand tons in 2015, waning by -X% against the previous year level.

Free Data: Green Beans - Mexico