Mexico: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Mexico

The Mexican shelled hazelnut market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a abrupt setback. Shelled hazelnut consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Shelled Hazelnut Production in Mexico

In value terms, shelled hazelnut production surged to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Shelled Hazelnut Exports

Exports from Mexico

After two years of growth, overseas shipments of shelled hazelnuts decreased by X% to X kg in 2014. Over the period under review, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then fell notably in the following year.

In value terms, shelled hazelnut exports shrank dramatically to $X in 2014. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

The United States (X kg) was the main destination for shelled hazelnut exports from Mexico, with a X% share of total exports. It was followed by Panama (X kg), with a X% share of total exports. The third position in this ranking was taken by Belize (X kg), with a X% share.

From 2012 to 2014, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (X% per year) and Belize (X% per year).

In value terms, the United States ($X) remains the key foreign market for shelled hazelnuts exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Belize ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2012 to 2014, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belize (X% per year) and Panama (X% per year).

Export Prices by Country

The average shelled hazelnut export price stood at $X per ton in 2014, picking up by X% against the previous year. Overall, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked in 2014 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Belize (X%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Hazelnut Imports

Imports into Mexico

In 2022, imports of shelled hazelnuts into Mexico soared to X tons, growing by X% compared with the year before. Overall, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, shelled hazelnut imports soared to $X in 2022. In general, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of shelled hazelnut to Mexico, accounting for a X% share of total imports. Moreover, shelled hazelnut imports from the United States exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%.

In value terms, the United States ($X) constituted the largest supplier of shelled hazelnuts to Mexico, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

In 2022, the average shelled hazelnut import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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