Latest Report Update: Oct 16, 2021

Mexico - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Mexico: Olives Market Overview 2021

Olives Market Size in Mexico

The Mexican olives market expanded significantly to $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in the immediate term.

Olives Exports

Exports from Mexico

For the fourth consecutive year, Mexico recorded decline in overseas shipments of olives (prepared or preserved ), which decreased by -X% to X tonnes in 2020. In general, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, olives exports contracted remarkably to $X in 2020. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tonnes) was the main destination for olives exports from Mexico, accounting for a X% share of total exports. Moreover, olives exports to Germany exceeded the volume sent to the second major destination, Belize (X tonnes), fourfold.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belize (+X% per year) and Canada (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belize (+X% per year) and Canada (-X% per year).

Export Prices by Country

The average olives export price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The export price peaked at $X per tonne in 2015; however, from 2016 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Belize ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Olives Imports

Imports into Mexico

In 2020, olives imports into Mexico rose remarkably to X tonnes, surging by X% on 2019. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, olives imports rose markedly to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

In 2020, Spain (X tonnes) was the main supplier of olives to Mexico, with a X% share of total imports. Moreover, olives imports from Spain exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +X%.

In value terms, Spain ($X) constituted the largest supplier of olives to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Spain totaled +X%.

Import Prices by Country

In 2020, the average olives import price amounted to $X per tonne, growing by X% against the previous year. Overall, the import price, however, recorded a mild shrinkage. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives consumption in 2020 were the U.S. (334K tonnes), Spain (306K tonnes) and Russia (163K tonnes), together comprising 33% of global consumption. Italy, Brazil, Germany, Bangladesh, France, Egypt, Democratic Republic of the Congo, the UK, Argentina and Romania lagged somewhat behind, together comprising a further 36%.
What are the largest producers of olives (prepared or preserved ) in the world?
+
Spain (746K tonnes) remains the largest olives producing country worldwide, accounting for 33% of total volume. Moreover, olives production in Spain exceeded the figures recorded by the second-largest producer, the U.S. (211K tonnes), fourfold. The third position in this ranking was occupied by Greece (193K tonnes), with a 8.5% share.
What are the leading suppliers of olives (prepared or preserved ) to Mexico?
+
In value terms, Spain ($21M) constituted the largest supplier of olives to Mexico, comprising 93% of total imports. The second position in the ranking was occupied by the U.S. ($1.1M), with a 4.9% share of total imports.
What are the leading importers of olives (prepared or preserved ) from Mexico?
+
In value terms, Germany ($11K) remains the key foreign market for olives exports from Mexico, comprising 88% of total exports. The second position in the ranking was occupied by Belize ($926), with a 7.3% share of total exports.
What is the average export price for olives (prepared or preserved ) in Mexico?
+
In 2020, the average olives export price amounted to $1,870 per tonne, surging by 6.5% against the previous year.
What is the average import price for olives (prepared or preserved ) in Mexico?
+
The average olives import price stood at $2,151 per tonne in 2020, increasing by 4.8% against the previous year.

Product coverage:
• Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the olives 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
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 2007–2020
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 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:
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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