Mexico - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Processed Cheese (Excluding Grated or Powdered) in Mexico - 2023

Contents:

  1. Price for Processed Cheese (Excluding Grated or Powdered) in Mexico (CIF) - 2023
  2. Price for Processed Cheese (Excluding Grated or Powdered) in Mexico (FOB) - 2022
  3. Imports of Processed Cheese (Excluding Grated or Powdered) in Mexico
  4. Exports of Processed Cheese (Excluding Grated or Powdered) in Mexico

Price for Processed Cheese (Excluding Grated or Powdered) in Mexico (CIF) - 2023

The average import price for processed cheese (excluding grated or powdered) stood at $7,055 per ton in October 2023, jumping by 20% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $8,867 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, 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 Netherlands amounted to 0.0% per month.

Price for Processed Cheese (Excluding Grated or Powdered) in Mexico (FOB) - 2022

In 2022, the average export price for processed cheese (excluding grated or powdered) amounted to $6,515 per ton, reducing by -17.9% against the previous year. Overall, the export price, however, posted a tangible increase. The growth pace was the most rapid in 2020 an increase of 112% against the previous year. The export price peaked at $7,933 per ton in 2021, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Belize.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.0% per year.

Imports of Processed Cheese (Excluding Grated or Powdered) in Mexico

In 2022, the amount of processed cheese (excluding grated or powdered) imported into Mexico soared to 642 tons, growing by 18% compared with 2021. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 105%. As a result, imports attained the peak of 670 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) soared to $3.7M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Processed Cheese (Excluding Grated or Powdered) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2855436633,416128.9%
Netherlands470945768294-14.5%
Austria73.815087.6N/A8.9%
Poland44.711164.5N/A20.1%
Others5961,4159234.3-80.7%
Total1,4693,1652,5053,71436.2%

Top Suppliers of Processed Cheese (Excluding Grated or Powdered) to Mexico in 2022:

  1. United States (593.9 tons)
  2. Netherlands (47.3 tons)

Exports of Processed Cheese (Excluding Grated or Powdered) in Mexico

In 2022, overseas shipments of processed cheese (excluding grated or powdered) were finally on the rise to reach 282 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous shrinkage.

In value terms, exports of processed cheese (excluding grated or powdered) soared to $1.8M in 2022. Overall, exports, however, continue to indicate a noticeable decline.

Export of Processed Cheese (Excluding Grated or Powdered) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belize4.28.80.211.138.3%
Chile23.122.00.7N/A-82.6%
Guatemala2121465.1N/A-84.5%
United States3102238.0N/A-83.9%
Czech Republic77.789.62.5N/A-82.1%
Honduras13.616.20.5N/A-80.8%
Others1,3258471,1101,82511.3%
Total1,9661,3521,1271,836-2.3%

Top Export Markets for Processed Cheese (Excluding Grated or Powdered) from Mexico in 2022:

  1. Belize (2.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) 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 10514070 - Processed cheese (excluding grated or powdered)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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