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Mexico - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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Mexico: Cereal Flour Market Overview 2021

Cereal Flour Market Size in Mexico

After two years of growth, the Mexican cereal flour market decreased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Cereal Flour Production in Mexico

In value terms, cereal flour production totaled $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Cereal flour production peaked at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

Cereal Flour Exports

Exports from Mexico

In 2019, approx. X tonnes of cereal flours were exported from Mexico; surging by X% against 2018 figures. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, cereal flour exports reached $X in 2019. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the near future.

Exports by Country

Guatemala (X tonnes) was the main destination for cereal flour exports from Mexico, with a X% share of total exports. Moreover, cereal flour exports to Guatemala exceeded the volume sent to the second major destination, Venezuela (X tonnes), twofold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Guatemala totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+X% per year) and the U.S. (-X% per year).

In value terms, Guatemala ($X), Venezuela ($X) and the U.S. ($X) were the largest markets for cereal flour exported from Mexico worldwide, with a combined X% share of total exports. Belize and Peru lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cereal flour export price stood at $X per tonne in 2019, leveling off at the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2019, the highest prices were recorded for prices to the U.S. ($X per tonne) and Venezuela ($X per tonne), while the average price for exports to Guatemala ($X per tonne) and Belize ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Cereal Flour Imports

Imports into Mexico

In 2019, after two years of decline, there was growth in overseas purchases of cereal flours, when their volume increased by X% to X tonnes. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, cereal flour imports expanded modestly to $X in 2019. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) was the main supplier of cereal flour to Mexico, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. stood at +X%.

In value terms, the U.S. ($X) constituted the largest supplier of cereal flour to Mexico.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

In 2019, the average cereal flour import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal flours in the world?
+
China (76M tonnes) constituted the country with the largest volume of cereal flour consumption, comprising approx. 20% of total volume. Moreover, cereal flour consumption in China exceeded the figures recorded by the second-largest consumer, India (23M tonnes), threefold. The U.S. (18M tonnes) ranked third in terms of total consumption with a 4.6% share.
What are the largest producers of cereal flours in the world?
+
China (77M tonnes) constituted the country with the largest volume of cereal flour production, accounting for 20% of total volume. Moreover, cereal flour production in China exceeded the figures recorded by the second-largest producer, India (23M tonnes), threefold. The third position in this ranking was occupied by the U.S. (18M tonnes), with a 4.6% share.
What are the leading suppliers of cereal flours to Mexico?
+
In value terms, the U.S. ($107M) constituted the largest supplier of cereal flour to Mexico.
What are the leading importers of cereal flours from Mexico?
+
In value terms, Guatemala ($70M), Venezuela ($41M) and the U.S. ($27M) were the largest markets for cereal flour exported from Mexico worldwide, together accounting for 87% of total exports. These countries were followed by Belize and Peru, which together accounted for a further 8.8%.
What is the average export price for cereal flours in Mexico?
+
The average cereal flour export price stood at $539 per tonne in 2019, remaining constant against the previous year.
What is the average import price for cereal flours in Mexico?
+
In 2019, the average cereal flour import price amounted to $471 per tonne, picking up by 3.7% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour
• Prodcom 10612200 - Cereal flours (excluding wheat or meslin)

This report provides an in-depth analysis of the cereal flour 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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