Mexico: Market for Cherries and Sour Cherries 2024

Market Size for Cherries and Sour Cherries in Mexico

The Mexican cherry and sour cherry market shrank significantly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, enjoyed a resilient expansion. Cherry and sour cherry consumption peaked at $X in 2021, and then contracted notably in the following year.

Production of Cherries and Sour Cherries in Mexico

In value terms, cherry and sour cherry production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of cherries and sour cherries in Mexico stood at X tons per ha, growing by X% compared with the year before. In general, the yield recorded a resilient increase. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average cherry and sour cherry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cherry and sour cherry harvested area in Mexico expanded modestly to X ha in 2022, surging by X% against the previous year. Overall, the harvested area enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to cherry and sour cherry production attained the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

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Exports of Cherries and Sour Cherries

Exports from Mexico

In 2022, cherry and sour cherry exports from Mexico surged to X tons, jumping by X% on the year before. Over the period under review, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, cherry and sour cherry exports surged to $X in 2022. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belize (X tons) was the main destination for cherry and sour cherry exports from Mexico, with a X% share of total exports. Moreover, cherry and sour cherry exports to Belize exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Belize stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Canada (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cherries and sour cherries exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Belize (X% per year).

Export Prices by Country

In 2022, the average cherry and sour cherry export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a pronounced curtailment. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Imports of Cherries and Sour Cherries

Imports into Mexico

In 2022, approx. X tons of cherries and sour cherries were imported into Mexico; waning by X% against 2021. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, cherry and sour cherry imports reduced sharply to $X in 2022. Overall, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main cherry and sour cherry supplier to Mexico, with a X% share of total imports. Moreover, cherry and sour cherry imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), more than tenfold.

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

In value terms, the United States ($X) constituted the largest supplier of cherries and sour cherries to Mexico, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%.

Import Prices by Country

In 2022, the average cherry and sour cherry import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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