Report Mexico - Chicory - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Mexico - Chicory - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Chicory Market 2022

Chicory Market Size in Mexico

The Mexican chicory market plummeted to $X in 2021, shrinking by -X% against the previous year. Over the period under review, consumption, however, saw significant growth. Chicory consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Chicory Production in Mexico

In value terms, chicory production fell markedly to $X in 2021 estimated in export price. In general, production saw a significant curtailment. Chicory production peaked at $X in 2020, and then shrank remarkably in the following year.

In 2021, the average chicory yield in Mexico amounted to less than X kg per ha, therefore, remained relatively stable against 2020. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chicory harvested area in Mexico amounted to less than X ha in 2021, approximately equating the previous year's figure. In general, the harvested area continues to indicate a relatively flat trend pattern.

Chicory Exports

Exports from Mexico

In 2021, approx. X tons of chicory were exported from Mexico; growing by X% compared with the year before. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, chicory exports fell markedly to $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

Iceland (X tons) was the main destination for chicory exports from Mexico, with a X% share of total exports. Moreover, chicory exports to Iceland exceeded the volume sent to the second major destination, the United States (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iceland was relatively modest.

In value terms, the United States ($X) remains the key foreign market for chicory exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Iceland ($X), with less than X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +X%.

Export Prices by Country

In 2021, the average chicory export price amounted to $X per kg, falling by -X% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per kg. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per kg), while the average price for exports to Iceland totaled less than $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (X%).

Chicory Imports

Imports into Mexico

In 2021, after four years of decline, there was significant growth in purchases abroad of chicory, when their volume increased by X% to X tons. Over the period under review, imports enjoyed significant growth. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, chicory imports soared to $X in 2021. In general, imports enjoyed a prominent expansion. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of chicory to Mexico, with a X% share of total imports. Moreover, chicory imports from Hungary exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Hungary was relatively modest.

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

From 2012 to 2021, the average annual growth rate of value from Hungary was relatively modest.

Import Prices by Country

In 2021, the average chicory import price amounted to $X per ton, growing by less than X% against the previous year. In general, the import price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (X%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
+
The country with the largest volume of chicory consumption was Belgium, comprising approx. 66% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands, sevenfold. The third position in this ranking was taken by France, with an 8.4% share.
What are the largest producers of chicory in the world?
+
Belgium remains the largest chicory producing country worldwide, accounting for 66% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands, sixfold. France ranked third in terms of total production with an 8.6% share.
What are the leading suppliers of chicory to Mexico?
+
In value terms, Hungary constituted the largest supplier of chicory to Mexico, comprising 77% of total imports. The second position in the ranking was held by the United States, with a 22% share of total imports.
What are the leading importers of chicory from Mexico?
+
In value terms, the United States remains the key foreign market for chicory exports from Mexico, comprising 99.9% of total exports. The second position in the ranking was held by Iceland $4), with less than 0.1% share of total exports.
What is the average export price for chicory in Mexico?
+
The average chicory export price stood at $12 per kg in 2021, which is down by -92% against the previous year.
What is the average import price for chicory in Mexico?
+
In 2021, the average chicory import price amounted to $932 per ton, growing by less than 0.1% against the previous year.

This report provides an in-depth analysis of the chicory 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 459 - Chicory roots
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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