Mexico - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWalnut Price in Mexico - 2023
Contents:
- Walnut Price in Mexico (CIF) - 2023
- Walnut Price in Mexico (FOB) - 2023
- Walnut Imports in Mexico
- Walnut Exports in Mexico
Walnut Price in Mexico (CIF) - 2023
The average walnut import price stood at $4,849 per ton in August 2023, growing by 14% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 42% m-o-m. The import price peaked in August 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +0.1% per month.
Walnut Price in Mexico (FOB) - 2023
The average walnut export price stood at $4,831 per ton in April 2023, increasing by 30% against the previous month. Overall, the export price, however, showed a mild decrease. Over the period under review, the average export prices attained the maximum at $5,146 per ton in October 2022; however, from November 2022 to April 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From October 2022 to April 2023, the rate of growth in terms of prices for the United States amounted to +4.6% per month.
Walnut Imports in Mexico
In 2022, imports of walnuts into Mexico reached 31K tons, therefore, remained relatively stable against the previous year. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 2.8%. As a result, imports attained the peak of 51K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, walnut imports soared to $126M in 2022. In general, imports, however, saw a perceptible reduction.
| Import of Walnut in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 142 | 151 | 105 | 126 | -3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 142 | 151 | 105 | 126 | -3.9% |
Top Suppliers of Walnut to Mexico in 2022:
- United States (31.4K tons)
Walnut Exports in Mexico
Walnut exports from Mexico declined to 13K tons in 2022, waning by -13% compared with the year before. Over the period under review, exports faced a sharp descent.
In value terms, walnut exports dropped to $61M in 2022. Overall, exports faced a dramatic contraction.
| Export of Walnut in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 132 | 81.3 | 48.7 | 42.6 | -31.4% |
| China | 102 | 43.8 | 22.7 | 18.8 | -43.1% |
| Others | 1.7 | N/A | N/A | N/A | 0% |
| Total | 236 | 125 | 71.3 | 61.3 | -36.2% |
Top Export Markets for Walnut from Mexico in 2022:
- United States (9.0K tons)
- China (4.3K tons)
This report provides an in-depth analysis of the walnut 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 222 - Walnuts
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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In January 2023, the walnut price stood at $2,336 per ton (CIF, Mexico), shrinking by -19.9% against the previous month.
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In January 2023, the shelled walnut price amounted to $10,971 per ton (FOB, Mexico), shrinking by -3.2% against the previous month.
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In 2017, the volume of the global shelled walnut consumption stood at approx. X tons. There was a robust increase from 2008-2016, but then it levelled off due to a slight decrease of the supply in China; despite that, there was an average annual i
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Global walnut consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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In 2015, the country with the largest volume of the walnut output was China (X thousand tons), accounting for X% of global production.
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