Mexico - Pulses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Mexico - Pulses - Market Analysis, Forecast, Size, Trends and Insights

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Pulses Price in Mexico - 2023

Contents:

  1. Pulses Price in Mexico (CIF) - 2022
  2. Pulses Price in Mexico (FOB) - 2022
  3. Pulses Imports in Mexico
  4. Pulses Exports in Mexico

Pulses Price in Mexico (CIF) - 2022

In 2022, the average pulses import price amounted to $1,220 per ton, growing by 28% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,243 per ton), while the price for Canada totaled $1,015 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.5%).

Pulses Price in Mexico (FOB) - 2022

In 2022, the average pulses export price amounted to $1,346 per ton, growing by 19% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($1,405 per ton) and Algeria ($1,384 per ton), while the average price for exports to the United States ($1,261 per ton) and Cuba ($1,270 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pulses Imports in Mexico

After three years of growth, overseas purchases of pulses decreased by -47.2% to 120K tons in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year.

In value terms, pulses imports reduced markedly to $146M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 33%.

Import of Pulses in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1151471941283.6%
Canada27.242.718.014.2-19.5%
Others3.12.54.24.08.9%
Total1451932161460.2%

Top Suppliers of Pulses to Mexico in 2022:

  1. United States (103.2K tons)
  2. Canada (14.0K tons)

Pulses Exports in Mexico

In 2022, pulses exports from Mexico contracted to 135K tons, falling by -7.2% compared with the previous year. Overall, exports saw a abrupt downturn.

In value terms, pulses exports expanded significantly to $182M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Pulses in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria22.428.540.765.042.6%
United States30.951.840.648.516.2%
Turkey45.3N/A46.642.3-2.3%
Cuba1.30.73.28.385.5%
Spain22.115.82.63.6-45.4%
PeruN/AN/A2.83.110.7%
Brazil4.04.73.52.1-19.3%
United Arab Emirates5.14.46.41.2-38.3%
Venezuela14.93.8N/AN/A-74.5%
Others19.927.918.48.2-25.6%
Total1661381651823.1%

Top Export Markets for Pulses from Mexico in 2022:

  1. Algeria (47.0K tons)
  2. United States (38.5K tons)
  3. Turkey (30.1K tons)
  4. Cuba (6.5K tons)
  5. Spain (2.6K tons)
  6. Peru (2.3K tons)
  7. Brazil (1.4K tons)
  8. United Arab Emirates (0.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pulses market 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:

  • FCL 203 - Bambara beans
  • FCL 176 - Beans, dry
  • FCL 181 - Broad beans, dry
  • FCL 191 - Chick-peas, dry
  • FCL 195 - Cow peas, dry
  • FCL 201 - Lentils, dry
  • FCL 187 - Peas, dry
  • FCL 197 - Pigeon peas
  • FCL 211 - Pulses nes

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Pulses - Mexico