Report Update: May 1, 2024

Mexico - Prepared Dishes and Meals - Market Analysis, Forecast, Size, Trends And Insights

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Price for Prepared Dishes and Meal in Mexico - 2023

Price for Prepared Dishes and Meal in Mexico (CIF) - 2022

In 2022, the average prepared dishes and meal import price amounted to $4,815 per ton, which is down by -2.8% against the previous year. Overall, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 0.8% against the previous year. As a result, import price attained the peak level of $5,618 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($9,125 per ton), while the price for Taiwan (Chinese) ($649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Prepared Dishes and Meal in Mexico (FOB) - 2023

In August 2023, the average prepared dishes and meal export price amounted to $7,763 per ton, almost unchanged from the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in January 2023 an increase of 24% m-o-m. The export price peaked at $7,763 per ton in July 2023, and then contracted in the following month.

Average prices varied noticeably for the major external markets. In August 2023, the highest price was recorded for prices to the United States ($7,763 per ton) and Colombia ($7,763 per ton), while the average price for exports to Peru ($7,763 per ton) and Ecuador ($7,763 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes and Meal in Mexico

In 2022, prepared dishes and meal imports into Mexico reached 121K tons, growing by 3% against 2021 figures. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, prepared dishes and meal imports reached $582M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Prepared Dishes and Meal in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	490	413	490	501	0.7%
China	7.3	8.1	11.3	13.2	21.8%
Taiwan (Chinese)	N/A	N/A	1.3	3.9	200.0%
Others	72.8	70.4	79.1	63.9	-4.3%
Total	570	492	582	582	0.7%

Top Suppliers of Prepared Dishes and Meal to Mexico in 2022:

United States (89.8K tons)
China (17.6K tons)
Taiwan (Chinese) (6.0K tons)

Exports of Prepared Dishes and Meal in Mexico

After two years of decline, overseas shipments of prepared dishes and meals increased by 20% to 48K tons in 2022. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared dishes and meal exports soared to $331M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Prepared Dishes and Meal in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	122	156	120	178	13.4%
Colombia	28.9	N/A	27.4	25.0	-4.7%
Spain	10.7	N/A	14.5	19.3	21.7%
Peru	19.2	14.5	18.8	14.6	-8.7%
Dominican Republic	9.3	7.5	6.4	13.2	12.4%
Brazil	15.8	N/A	10.7	10.0	-14.1%
Honduras	6.2	6.3	8.9	9.9	16.9%
Costa Rica	N/A	N/A	11.2	9.1	-18.8%
Nicaragua	7.9	8.1	8.1	8.9	4.1%
Panama	6.1	5.9	6.3	7.7	8.1%
Chile	3.0	N/A	4.8	7.1	33.3%
Ecuador	N/A	N/A	5.6	6.7	19.6%
Canada	N/A	N/A	10.5	5.5	-47.6%
Others	37.1	37.2	24.8	16.5	-23.7%
Total	266	236	278	331	7.6%

Top Export Markets for Prepared Dishes and Meal from Mexico in 2022:

United States (25.9K tons)
Colombia (3.6K tons)
Spain (2.8K tons)
Peru (2.1K tons)
Dominican Republic (1.9K tons)
Brazil (1.5K tons)
Honduras (1.4K tons)
Costa Rica (1.3K tons)
Nicaragua (1.3K tons)
Panama (1.1K tons)
Chile (1.0K tons)
Ecuador (1.0K tons)
Canada (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for prepared dishes and meal 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 10851900 - Other prepared dishes and meals (including frozen pizza)
Prodcom 10891940 - Other food preparations n.e.c.

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