Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico - 2023

Contents:

  1. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (FOB) - 2023
  2. Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (CIF) - 2023
  3. Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico
  4. Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (FOB) - 2023

In August 2023, the average export price for vegetables; celery (other than celeriac), fresh or chilleds amounted to $1,227 per ton, increasing by 2% against the previous month. In general, export price indicated a mild increase from December 2022 to August 2023: its price increased at an average monthly rate of +1.2% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for vegetables; celery (other than celeriac), fresh or chilleds increased by +55.8% against March 2023 indices. The pace of growth appeared the most rapid in July 2023 an increase of 28% m-o-m. Over the period under review, the average export prices attained the maximum in August 2023.

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

From December 2022 to August 2023, the rate of growth in terms of prices for Canada amounted to +6.6% per month.

Price for Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (CIF) - 2023

The average import price for vegetables; celery (other than celeriac), fresh or chilleds stood at $414 per ton in August 2023, declining by -48.6% against the previous month. Overall, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 83% against the previous month. The import price peaked at $899 per ton in June 2023; however, from July 2023 to August 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 December 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -3.9% per month.

Exports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico

In 2022, after three years of growth, there was decline in shipments abroad of vegetables; celery (other than celeriac), fresh or chilleds, when their volume decreased by -1% to 94K tons. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 70%. As a result, the exports attained the peak of 95K tons, and then reduced slightly in the following year.

In value terms, exports of vegetables; celery (other than celeriac), fresh or chilleds rose markedly to $82M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States63.769.370.680.68.2%
Others1.90.80.91.1-16.7%
Total65.670.171.581.77.6%

Top Export Markets for Vegetables; Celery (Other than Celeriac), Fresh or Chilled from Mexico in 2022:

  1. United States (93.2K tons)

Imports of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico

After two years of growth, purchases abroad of vegetables; celery (other than celeriac), fresh or chilleds decreased by -29.5% to 8.5K tons in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 232%. As a result, imports reached the peak of 12K tons, and then contracted dramatically in the following year.

In value terms, imports of vegetables; celery (other than celeriac), fresh or chilleds stood at $5M in 2022. In general, total imports indicated a significant expansion from 2020 to 2022: its value increased at an average annual rate of +34.2% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Vegetables; Celery (Other than Celeriac), Fresh or Chilled in Mexico (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States2.84.95.033.6%
OthersN/AN/AN/A0%
Total2.84.95.033.6%

Top Suppliers of Vegetables; Celery (Other than Celeriac), Fresh or Chilled to Mexico in 2022:

  1. United States (8.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables; celery (other than celeriac), fresh or chilled - Mexico