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Mexico - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Milk Market Overview 2021

Milk Market Size in Mexico

In 2020, the Mexican milk market decreased by -X% to $X, falling for the fourth year in a row after five years of growth. Overall, consumption showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Milk consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Milk Production in Mexico

In value terms, milk production declined dramatically to $X in 2020 estimated in export prices. In general, production continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by X% year-to-year. Milk production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

The average yield of milk in Mexico was estimated at X kg per head in 2020, remaining constant against the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern.

In 2020, number of producing animals of milk in Mexico totaled X head, flattening at the previous year's figure. Over the period under review, the number of producing animals showed a relatively flat trend pattern.

Milk Exports

Exports from Mexico

In 2020, after two years of growth, there was significant decline in overseas shipments of milk, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, milk exports dropped notably to $X in 2020. In general, exports, however, showed a slight increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Guatemala (X tonnes) and Belize (X tonnes) were the main destinations of milk exports from Mexico.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (+X% per year), while exports for the other leaders experienced mixed trend patterns.

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

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+X% per year) and Belize (-X% per year).

Export Prices by Country

In 2020, the average milk export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Belize ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala, while the prices for the other major destinations experienced a decline.

Milk Imports

Imports into Mexico

In 2020, purchases abroad of milk decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, milk imports shrank significantly to $X in 2020. Overall, imports faced a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the U.S. (X tonnes) was the main supplier of milk to Mexico, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the U.S. stood at -X%.

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

From 2007 to 2020, the average annual growth rate of value from the U.S. amounted to -X%.

Import Prices by Country

In 2020, the average milk import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price saw a mild shrinkage. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices remained 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 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milk in the world?
+
The countries with the highest volumes of milk consumption in 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), together accounting for 36% of global consumption. Germany, Brazil, China, Russia, France, New Zealand, Turkey, Colombia, the Netherlands and the UK lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of milk in the world?
+
The countries with the highest volumes of milk production in 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), together accounting for 36% of global production. These countries were followed by Germany, Brazil, Russia, China, France, New Zealand, Turkey, Colombia, the UK and Poland, which together accounted for a further 31%.
What are the leading suppliers of milk to Mexico?
+
In value terms, the U.S. ($9.3M) constituted the largest supplier of milk to Mexico.
What are the leading importers of milk from Mexico?
+
In value terms, the U.S. ($2.8M) remains the key foreign market for milk exports from Mexico, comprising 67% of total exports. The second position in the ranking was occupied by Guatemala ($1.3M), with a 32% share of total exports.
What is the average export price for milk in Mexico?
+
The average milk export price stood at $759 per tonne in 2020, declining by -14.1% against the previous year.
What is the average import price for milk in Mexico?
+
The average milk import price stood at $584 per tonne in 2020, falling by -4.4% against the previous year.

Product coverage:
• FCL 1130 - Camel milk
• FCL 882 - Cow milk, whole (fresh)
• FCL 1020 - Goat milk
• FCL 982 - Sheep milk
• FCL 951 - Buffalo milk
• FCL 888 - Skim Milk of Cows

This report provides an in-depth analysis of the milk 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
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, PRODUCING ANIMALS AND YIELD
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:
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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