Report Update: May 1, 2024

Mexico - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights

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Mango and Mangosteen Price in Mexico - 2023

Mango and Mangosteen Price in Mexico (FOB) - 2023

The average mango and mangosteen export price stood at $986 per ton in August 2023, with an increase of 2.5% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 202% m-o-m. The export price peaked at $4,583 per ton in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was the United States ($986 per ton), while the average price for exports to Canada stood at $986 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.4%).

Mango and Mangosteen Price in Mexico (CIF) - 2023

The average mango and mangosteen import price stood at $2,786 per ton in February 2023, remaining constant against the previous month. Overall, the import price saw a measured expansion. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 138% month-to-month. As a result, import price reached the peak level of $4,330 per ton. From April 2022 to February 2023, the average import prices failed to regain momentum.

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

From February 2022 to February 2023, the rate of growth in terms of prices for Peru amounted to +3.6% per month.

Mango and Mangosteen Exports in Mexico

In 2022, mango and mangosteen exports from Mexico rose modestly to 447K tons, picking up by 4.2% on the previous year's figure. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 71%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, mango and mangosteen exports stood at $547M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Mango and Mangosteen in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	396	397	446	491	7.4%
Canada	37.1	42.9	51.8	50.4	10.8%
Others	8.2	9.5	7.8	6.2	-8.9%
Total	441	449	506	547	7.4%

Top Export Markets for Mango and Mangosteen from Mexico in 2022:

United States (399.9K tons)
Canada (42.0K tons)

Mango and Mangosteen Imports in Mexico

After two years of decline, supplies from abroad of mangoes, mangosteens and guavas increased by 135% to 2.6K tons in 2022. Overall, imports posted slight growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mango and mangosteen imports skyrocketed to $4.6M in 2022. In general, imports, however, continue to indicate a abrupt curtailment.

Import of Mango and Mangosteen in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	3.3	4.2	2.8	3.0	-3.1%
Ecuador	N/A	1.5	N/A	1.7	6.5%
Thailand	2.2	N/A	N/A	N/A	0%
United States	0.5	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	5.9	5.8	2.8	4.6	-8.0%

Top Suppliers of Mango and Mangosteen to Mexico in 2022:

Ecuador (1.3K tons)
Peru (1.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mango and mangosteen 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 571 - Mangoes

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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