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Mexico - Honey - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Honey Market Overview 2020

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Honey Market Size in Mexico

The revenue of the honey market in Mexico amounted to $X in 2018, going down by -X% against the previous year. In general, honey consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Honey consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Honey Production in Mexico

In value terms, honey production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated buoyant growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, honey production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. Over the period under review, honey production attained its peak figure level at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Honey Exports

Exports from Mexico

In 2018, the exports of honey from Mexico stood at X tonnes, increasing by X% against the previous year. Overall, honey exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, honey exports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, honey exports stood at $X in 2018. In general, honey exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, honey exports reached their peak figure at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2018, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the UK (-X% per year).

In value terms, Germany ($X) remains the key foreign market for honey exports from Mexico, comprising X% of total honey exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2018, the average honey export price amounted to $X per tonne, coming down by -X% against the previous year. Overall, the export price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, honey export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

Average prices varied somewhat for the major foreign markets. In 2018, the countries with the highest prices were Switzerland ($X per tonne) and Germany ($X per tonne), while the average price for exports to the U.S. ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Mexico

In 2018, approx. X tonnes of honey were imported into Mexico; falling by -X% against the previous year. Overall, honey imports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, honey imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, honey imports amounted to $X in 2018. In general, honey imports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, honey imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest honey supplier to Mexico, accounting for a X% share of total imports. Moreover, honey imports from the U.S. exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold.

From 2007 to 2018, the average annual rate of growth in terms of volume from the U.S. totaled -X%.

In value terms, the largest honey suppliers to Mexico were the U.S. ($X) and the UK ($X), with a combined X% share of total imports.

Among the main suppliers, the U.S. experienced the highest growth rate of imports, over the last eleven-year period.

Import Prices by Country

In 2018, the average honey import price amounted to $X per tonne, going down by -X% against the previous year. In general, the import price indicated a conspicuous expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, honey import price decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. In that year, the average import prices for honey reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for honey remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the UK ($X per tonne), while the price for the U.S. amounted to $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK.

Source: IndexBox AI Platform

Product coverage:
• FCL 1182 - Honey

This report provides an in-depth analysis of the honey 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.


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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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