Mexico - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Mexico - 2023
Contents:
- Pyrethrum and Peppermint Price in Mexico (FOB) - 2023
- Pyrethrum and Peppermint Price in Mexico (CIF) - 2023
- Pyrethrum and Peppermint Exports in Mexico
- Pyrethrum and Peppermint Imports in Mexico
Pyrethrum and Peppermint Price in Mexico (FOB) - 2023
In August 2023, the average pyrethrum and peppermint export price amounted to $7,873 per ton, remaining stable against the previous month. Over the period under review, the export price, however, posted a mild expansion. The pace of growth was the most pronounced in July 2023 an increase of 12% against the previous month. As a result, the export price attained the peak level of $7,873 per ton, leveling off in the following month.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +1.5% per month.
Pyrethrum and Peppermint Price in Mexico (CIF) - 2023
The average pyrethrum and peppermint import price stood at $6,033 per ton in May 2023, flattening at the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of less than 0.1% m-o-m. The import price peaked at $6,584 per ton in March 2023; however, from April 2023 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the countries with the highest prices were India ($6,033 per ton) and the United States ($6,033 per ton), while the price for Peru ($6,033 per ton) and Egypt ($6,033 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Chile (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Pyrethrum and Peppermint Exports in Mexico
Pyrethrum and peppermint exports from Mexico surged to 8K tons in 2022, picking up by 18% on the year before. Overall, exports, however, showed a drastic downturn.
In value terms, pyrethrum and peppermint exports soared to $56M in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback.
| Export of Pyrethrum and Peppermint in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 52.2 | 60.8 | 40.4 | 49.9 | -1.5% |
| Canada | 3.1 | 3.4 | 2.8 | 3.9 | 8.0% |
| Germany | 2.6 | 3.6 | 0.7 | 1.3 | -20.6% |
| Netherlands | 1.4 | 1.9 | 0.8 | 0.3 | -40.2% |
| Spain | 1.4 | 1.9 | 0.4 | 0.1 | -58.5% |
| China | 1.7 | 1.8 | 0.3 | N/A | -58.0% |
| Others | 4.8 | 4.3 | 0.9 | 0.3 | -60.3% |
| Total | 67.2 | 77.7 | 46.3 | 55.9 | -6.0% |
Top Export Markets for Pyrethrum and Peppermint from Mexico in 2022:
- Netherlands (undefinedK tons)
- Spain (undefinedK tons)
- United States (7.1K tons)
- Canada (0.6K tons)
- Germany (0.2K tons)
Pyrethrum and Peppermint Imports in Mexico
Pyrethrum and peppermint imports into Mexico surged to 4.6K tons in 2022, jumping by 136% against 2021 figures. Over the period under review, imports continue to indicate a prominent increase.
In value terms, pyrethrum and peppermint imports surged to $28M in 2022. In general, imports recorded buoyant growth.
| Import of Pyrethrum and Peppermint in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 18.6 | 7.4 | 14.3 | -12.3% |
| India | 5.2 | 5.4 | 2.5 | 6.1 | 5.5% |
| Nigeria | N/A | 1.2 | 0.4 | 4.7 | 97.9% |
| Chile | 5.4 | 5.5 | N/A | 0.8 | -47.1% |
| Peru | 0.3 | 0.3 | N/A | 0.5 | 18.6% |
| Egypt | N/A | 0.5 | 0.4 | 0.5 | 0.0% |
| United States | 4.9 | 3.4 | 0.4 | 0.5 | -53.3% |
| Senegal | 2.2 | N/A | N/A | N/A | 0% |
| Others | 2.3 | 1.4 | 0.3 | 0.1 | -64.8% |
| Total | 20.4 | 36.3 | 11.4 | 27.6 | 10.6% |
Top Suppliers of Pyrethrum and Peppermint to Mexico in 2022:
- China (2376.2 tons)
- India (1016.7 tons)
- Nigeria (776.3 tons)
- Chile (131.6 tons)
- United States (88.7 tons)
- Peru (82.7 tons)
- Egypt (80.3 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint 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 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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