Latest Report Update: May 5, 2021

Mexico - Olives (Prepared Or Preserved ) - Market Analysis, Forecast, Size, Trends And Insights
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Mexico: Olives Market Overview 2021

Olives Market Size in Mexico

In 2020, the Mexican olives market decreased by -X% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption enjoyed a modest expansion. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Olives consumption peaked at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Olives Production in Mexico

In value terms, olives production fell notably to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a modest increase. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Olives Exports

Exports from Mexico

In 2020, shipments abroad of olives (prepared or preserved ) increased by X% to X tonnes, rising for the fourth consecutive year after six years of decline. Over the period under review, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, olives exports shrank remarkably to $X in 2020. In general, exports, however, recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2009 with an increase of 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, with 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 rate of growth in terms of volume to Germany was relatively modest. 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 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).

Export Prices by Country

In 2020, the average olives export price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

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 Belize, while the prices for the other major destinations experienced mixed trend patterns.

Olives Imports

Imports into Mexico

In 2020, the amount of olives (prepared or preserved ) imported into Mexico expanded notably to X tonnes, increasing by X% on 2019 figures. The total import volume 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% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, olives imports expanded notably to $X in 2020. The total import value 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Spain (X tonnes) was the main supplier of olives to Mexico, accounting for 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 rate of growth in terms of value from Spain totaled +X%.

Import Prices by Country

In 2020, the average olives import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, showed a slight descent. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

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 AI 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 China (925K tonnes), Spain (505K tonnes) and India (369K tonnes), with a combined 30% share of global consumption.
What are the largest producers of olives (prepared or preserved ) in the world?
+
The countries with the highest volumes of olives production in 2020 were Spain (945K tonnes), China (924K tonnes) and India (367K tonnes), together accounting for 37% of global production. Greece, the U.S., Japan, Indonesia, Pakistan, Russia, Bangladesh, Turkey, Mexico and Nigeria lagged somewhat behind, together comprising a further 23%.
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?
+
The average olives export price stood at $1,870 per tonne in 2020, waning by -25.6% 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, surging 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 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, 2007–2020
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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