Report Update: Apr 1, 2024

Mexico - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Flaked or Rolled Cereal in Mexico - 2023

Price for Flaked or Rolled Cereal in Mexico (CIF) - 2022

In 2022, the average flaked or rolled cereal import price amounted to $678 per ton, jumping by 26% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $738 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($699 per ton), while the price for Canada ($661 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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Price for Flaked or Rolled Cereal in Mexico (FOB) - 2022

The average flaked or rolled cereal export price stood at $1,822 per ton in 2022, rising by 254% against the previous year. Overall, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($2,280 per ton), while the average price for exports to the United States stood at $488 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Flaked or Rolled Cereal in Mexico

In 2022, overseas purchases of flaked or rolled cereals decreased by -5.1% to 82K tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 254% against the previous year. As a result, imports attained the peak of 179K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flaked or rolled cereal imports surged to $56M in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 162%. As a result, imports reached the peak of $98M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Flaked or Rolled Cereal in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	15.4	73.3	30.7	39.8	37.2%
Canada	18.8	22.5	15.2	11.3	-15.6%
Chile	3.0	1.8	0.7	4.5	14.5%
Others	N/A	N/A	N/A	0.1	0%
Total	37.3	97.6	46.6	55.7	14.3%

Top Suppliers of Flaked or Rolled Cereal to Mexico in 2022:

United States (58.6K tons)
Canada (17.1K tons)
Chile (6.4K tons)

Exports of Flaked or Rolled Cereal in Mexico

Flaked or rolled cereal exports from Mexico fell markedly to 84 tons in 2022, dropping by -69% on 2021. Over the period under review, exports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 269 tons, and then contracted sharply in the following year.

In value terms, flaked or rolled cereal exports expanded rapidly to $152K in 2022. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 56%.

Export of Flaked or Rolled Cereal in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belize	5.4	8.0	N/A	142	197.4%
United States	46.2	80.7	138	10.4	-39.2%
Panama	129	N/A	N/A	N/A	0%
Others	N/A	N/A	0.4	N/A	0%
Total	180	88.7	139	152	-5.5%

Top Export Markets for Flaked or Rolled Cereal from Mexico in 2022:

Belize (62.2 tons)
United States (21.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for flaked or rolled cereal 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 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023