Mexico: Green Coffee Market 2024

Green Coffee Market Size in Mexico

The Mexican green coffee market contracted to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption recorded a pronounced descent. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Green Coffee Production in Mexico

In value terms, green coffee production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. Green coffee production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of coffee (green) in Mexico totaled X kg per ha in 2022, remaining constant against 2021. Overall, the yield, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. Over the period under review, the average green coffee yield reached the maximum level at X kg per ha in 2012; however, from 2013 to 2022, the 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.

In 2022, approx. X ha of coffee (green) were harvested in Mexico; stabilizing at 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. The green coffee harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

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Green Coffee Exports

Exports from Mexico

In 2022, the amount of coffee (green) exported from Mexico surged to X tons, with an increase of X% against 2021. In general, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, green coffee exports soared to $X in 2022. Over the period under review, exports, however, recorded a pronounced reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for green coffee exports from Mexico, accounting for a X% share of total exports. Moreover, green coffee exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. The third position in this ranking was taken by Germany (X tons), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for coffee (green) exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average green coffee export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($X per ton) and Germany ($X per ton), while the average price for exports to Italy ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Coffee Imports

Imports into Mexico

In 2022, supplies from abroad of coffee (green) decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, green coffee imports contracted to $X in 2022. Over the period under review, imports, however, saw notable growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X tons) was the main green coffee supplier to Mexico, with a X% share of total imports. Moreover, green coffee imports from Brazil exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Colombia (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of coffee (green) to Mexico, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average green coffee import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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