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

Mexico - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Green Coffee Price in Mexico - 2023

Contents:

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

Green Coffee Price in Mexico (FOB) - 2023

The average green coffee export price stood at $5,983 per ton in June 2023, growing by 11% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 15% m-o-m. The export price peaked in June 2023.

Average prices varied noticeably for the major overseas markets. In June 2023, the country with the highest price was the United States ($5,983 per ton), while the average price for exports to Italy ($5,983 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Green Coffee Price in Mexico (CIF) - 2023

In May 2023, the average green coffee import price amounted to $2,398 per ton, surging by 2.7% against the previous month. Overall, the import price, however, recorded a slight decline. The growth pace was the most rapid in March 2023 an increase of 33% m-o-m. The import price peaked at $6,199 per ton in August 2022; however, from September 2022 to May 2023, import prices stood at a somewhat lower figure.

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

From June 2022 to May 2023, the rate of growth in terms of prices for Brazil amounted to +1.4% per month.

Green Coffee Exports in Mexico

In 2022, approx. 84K tons of coffee (green) were exported from Mexico; jumping by 21% against 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports reached the peak of 105K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, green coffee exports surged to $469M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Green Coffee in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13014217337742.6%
BelgiumN/AN/A31.326.9-14.1%
Germany14.449.515.224.920.0%
Canada12.313.07.114.45.4%
ItalyN/AN/A15.213.8-9.2%
Spain19.817.40.83.8-42.3%
Others19.824.111.18.1-25.8%
Total19624725446933.8%

Top Export Markets for Green Coffee from Mexico in 2022:

  1. United States (68.0K tons)
  2. Belgium (4.6K tons)
  3. Germany (4.4K tons)
  4. Canada (2.5K tons)
  5. Italy (2.5K tons)
  6. Spain (0.6K tons)

Green Coffee Imports in Mexico

In 2022, green coffee imports into Mexico shrank significantly to 9K tons, with a decrease of -27.5% against 2021 figures. Over the period under review, imports showed a deep downturn. The smallest decline of -3.1% was in 2021.

In value terms, green coffee imports shrank to $21M in 2022. In general, imports faced a sharp decrease.

Import of Green Coffee in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil28.523.823.017.9-14.4%
Colombia4.13.22.12.3-17.5%
Vietnam8.80.7N/A1.1-50.0%
Uganda2.6N/AN/AN/A0%
United States0.99.7N/AN/A977.8%
Others1.90.7N/AN/A-63.2%
Total46.838.125.121.3-23.1%

Top Suppliers of Green Coffee to Mexico in 2022:

  1. Brazil (8.2K tons)
  2. Vietnam (0.5K tons)
  3. Colombia (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the green coffee 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 656 - Coffee green

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
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