Mexico - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Mustard Price in Mexico - 2023
Contents:
- Prepared Mustard Price in Mexico (CIF) - 2023
- Prepared Mustard Price in Mexico (FOB) - 2022
- Prepared Mustard Imports in Mexico
- Prepared Mustard Exports in Mexico
Prepared Mustard Price in Mexico (CIF) - 2023
The average prepared mustard import price stood at $3,157 per ton in August 2023, jumping by 16% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 when the average import price increased by 27% against the previous month. As a result, import price reached the peak level of $3,500 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($5,351 per ton), while the price for the United States totaled $2,502 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Prepared Mustard Price in Mexico (FOB) - 2022
In 2022, the average prepared mustard export price amounted to $2,237 per ton, with a decrease of -11.8% against the previous year. Overall, the export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. As a result, the export price attained the peak level of $2,538 per ton, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($3,274 per ton), while the average price for exports to the United States stood at $2,171 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Prepared Mustard Imports in Mexico
In 2022, the amount of prepared mustard imported into Mexico expanded rapidly to 5.5K tons, picking up by 6.9% against 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, prepared mustard imports soared to $11M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Prepared Mustard in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.2 | 5.1 | 6.2 | 6.8 | 3.1% |
| Canada | 1.2 | 1.3 | 0.9 | 3.7 | 45.5% |
| France | 1.3 | 0.6 | 0.9 | 0.8 | -14.9% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 8.8 | 7.2 | 8.0 | 11.3 | 8.7% |
Top Suppliers of Prepared Mustard to Mexico in 2022:
- United States (3.4K tons)
- Canada (1.9K tons)
- France (0.2K tons)
Prepared Mustard Exports in Mexico
In 2022, overseas shipments of prepared mustard decreased by -46% to 44 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 104%. As a result, the exports attained the peak of 178 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, prepared mustard exports fell rapidly to $99K in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 93%. As a result, the exports attained the peak of $320K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Prepared Mustard in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.3 | 51.2 | 202 | 90.6 | 44.1% |
| Cuba | 94.9 | 90.8 | 4.9 | 8.7 | -54.9% |
| Chile | N/A | 159 | N/A | N/A | 0% |
| Belize | 37.8 | 18.5 | N/A | N/A | -51.1% |
| Others | 2.3 | 0.4 | 1.9 | N/A | -9.1% |
| Total | 165 | 320 | 209 | 99.3 | -15.6% |
Top Export Markets for Prepared Mustard from Mexico in 2022:
- United States (41.7 tons)
- Cuba (2.7 tons)
This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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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