Mexico: Roasted Coffee Market 2024

Roasted Coffee Market Size in Mexico

The Mexican roasted coffee market fell modestly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Roasted Coffee Production in Mexico

In value terms, roasted coffee production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Roasted coffee production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Roasted Coffee Exports

Exports from Mexico

In 2022, after three years of growth, there was significant decline in shipments abroad of roasted coffee, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, roasted coffee exports shrank markedly to $X in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for roasted coffee exports from Mexico, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for roasted coffee exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%.

Export Prices by Country

In 2022, the average roasted coffee export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Roasted Coffee Imports

Imports into Mexico

In 2022, the amount of roasted coffee imported into Mexico reduced to X tons, with a decrease of X% on the previous year. In general, imports, however, showed a slight increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, roasted coffee imports stood at $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of roasted coffee to Mexico, with a X% share of total imports. Moreover, roasted coffee imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold. The third position in this ranking was held by Colombia (X tons), with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of roasted coffee to Mexico, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

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

Import Prices by Country

In 2022, the average roasted coffee import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a mild contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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