Mexico - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Mexico - 2023
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Mexico (FOB) - 2023
- Price for Cereal, Fruit or Nut Chocolate Bar in Mexico (CIF) - 2023
- Exports of Cereal, Fruit or Nut Chocolate Bar in Mexico
- Imports of Cereal, Fruit or Nut Chocolate Bar in Mexico
Price for Cereal, Fruit or Nut Chocolate Bar in Mexico (FOB) - 2023
The average export price for chocolate bars with cereals, fruit or nuts stood at $939 per ton in October 2023, shrinking by -74.7% against the previous month. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in May 2023 an increase of 285% m-o-m. Over the period under review, the average export prices reached the peak figure at $4,317 per ton in February 2023; however, from March 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to -5.5% per month.
Price for Cereal, Fruit or Nut Chocolate Bar in Mexico (CIF) - 2023
The average import price for chocolate bars with cereals, fruit or nuts stood at $7,659 per ton in October 2023, reducing by -7.2% against the previous month. Over the period under review, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 64% month-to-month. The import price peaked at $8,972 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($19,787 per ton), while the price for France ($5,177 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Colombia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cereal, Fruit or Nut Chocolate Bar in Mexico
For the fourth year in a row, Mexico recorded growth in overseas shipments of chocolate bars with cereals, fruit or nuts, which increased by 10% to 96K tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 128%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of chocolate bars with cereals, fruit or nuts expanded rapidly to $161M in 2022. In general, exports, however, recorded a relatively flat trend pattern.
| Export of Cereal, Fruit or Nut Chocolate Bar in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 163 | 132 | 138 | 158 | -1.0% |
| Others | 1.9 | 2.5 | 3.1 | 3.3 | 20.2% |
| Total | 165 | 134 | 141 | 161 | -0.8% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Mexico in 2022:
- United States (95.2K tons)
Imports of Cereal, Fruit or Nut Chocolate Bar in Mexico
In 2022, overseas purchases of chocolate bars with cereals, fruit or nuts were finally on the rise to reach 3.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt downturn.
In value terms, imports of chocolate bars with cereals, fruit or nuts surged to $16M in 2022. Overall, imports, however, faced a abrupt shrinkage.
| Import of Cereal, Fruit or Nut Chocolate Bar in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.7 | 11.1 | 8.6 | 12.6 | -10.7% |
| Colombia | 2.2 | 1.0 | 1.4 | 1.5 | -12.0% |
| Spain | 0.6 | 0.3 | 0.3 | 0.7 | 5.3% |
| Switzerland | 0.6 | N/A | 0.6 | 0.5 | -5.9% |
| Canada | 0.9 | 0.1 | 0.3 | 0.4 | -23.7% |
| France | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Germany | 0.9 | 0.5 | 0.6 | 0.3 | -30.7% |
| Belgium | 1.0 | 0.9 | N/A | N/A | -10.0% |
| Others | 0.8 | 0.9 | 0.2 | 0.1 | -50.0% |
| Total | 25.4 | 15.1 | 12.4 | 16.4 | -13.6% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Mexico in 2022:
- United States (2886.7 tons)
- Colombia (336.7 tons)
- Spain (77.4 tons)
- Switzerland (59.9 tons)
- France (56.5 tons)
- Germany (41.3 tons)
- Canada (37.5 tons)
- Belgium (1.0 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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
- 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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