Report Update Apr 1, 2024

Mexico - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Canary Seed Market 2024

Canary Seed Market Size in Mexico

After three years of growth, the Mexican canary seed market decreased by X% to $X in 2022. Overall, consumption showed a deep downturn. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Canary Seed Production in Mexico

In value terms, canary seed production expanded rapidly to $X in 2022 estimated in export price. In general, production recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Canary seed production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of canary seed in Mexico fell rapidly to X kg per ha in 2022, declining by X% against the previous year. Overall, the yield recorded a pronounced decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The canary seed yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The canary seed harvested area in Mexico surged to X ha in 2022, picking up by X% compared with the previous year's figure. Over the period under review, the harvested area, however, recorded a sharp contraction. The canary seed harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Canary Seed Exports

Exports from Mexico

Canary seed exports from Mexico contracted sharply to X tons in 2014, which is down by X% on 2013. Overall, exports recorded a precipitous setback. The smallest decline of X% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

In value terms, canary seed exports fell markedly to $X in 2014. Over the period under review, exports showed a precipitous decrease. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2014, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for canary seed exports from Mexico, accounting for a X% share of total exports. Moreover, canary seed exports to Canada exceeded the volume sent to the second major destination, the United States (X tons), sevenfold.

From 2012 to 2014, the average annual rate of growth in terms of volume to Canada amounted to X%.

In value terms, Canada ($X) remains the key foreign market for canary seed exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2014, the average annual rate of growth in terms of value to Canada stood at X%.

Export Prices by Country

In 2014, the average canary seed export price amounted to $X per ton, with an increase of X% against the previous year. Over the last two-year period, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2014, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%).

Canary Seed Imports

Imports into Mexico

In 2022, after three years of growth, there was significant decline in overseas purchases of canary seed, when their volume decreased by X% to X tons. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell rapidly in the following year.

In value terms, canary seed imports declined sharply to $X in 2022. Over the period under review, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

In 2022, Canada (X tons) was the main supplier of canary seed to Mexico, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to X%.

In value terms, Canada ($X) constituted the largest supplier of canary seed to Mexico.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to X%.

Import Prices by Country

In 2022, the average canary seed import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canary seed import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canary seed in the world?

The countries with the highest volumes of consumption in 2023 were Thailand, Brazil and Belgium, together comprising 35% of global consumption. Canada, Spain, Colombia, Indonesia, Algeria, Argentina, Kuwait, the United States, Hungary and Australia lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of canary seed in the world?

Canada remains the largest canary seed producing country worldwide, comprising approx. 54% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Thailand, fourfold. The third position in this ranking was held by Argentina, with a 12% share.

What are the leading suppliers of canary seed to Mexico?

In value terms, Canada constituted the largest supplier of canary seed to Mexico.

What are the leading importers of canary seed from Mexico?

In value terms, Canada remains the key foreign market for canary seed exports from Mexico, comprising 85% of total exports. The second position in the ranking was taken by the United States, with a 14% share of total exports.

What is the average export price for canary seed in Mexico?

The average canary seed export price stood at $965 per ton in 2014, surging by 14% against the previous year.

What is the average import price for canary seed in Mexico?

In 2022, the average canary seed import price amounted to $912 per ton, picking up by 29% against the previous year.

This report provides an in-depth analysis of the canary seed 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 101 - Canary seed

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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