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Mexico - Confectionery - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Confectionery Market 2022

Confectionery Market Size in Mexico

The mexican confectionery market was estimated at $X in 2021, growing 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).In general, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, consumption decreased by -X% against 2019 indices.Confectionery consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Confectionery Production in Mexico

In value terms, confectionery production rose markedly to $X in 2021 estimated in export price.Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, production decreased by -X% against 2019 indices.The most prominent rate of growth was recorded in 2016 with an increase of X the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Confectionery Exports

Exports from Mexico

In 2021, approx. X tons of confectionery were exported from mexico; surging by X% against 2020.The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years.The pace of growth appeared the most rapid in 2018 with an increase of X exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, confectionery exports contracted slightly to $X in 2021.The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.The most prominent rate of growth was recorded in 2016 when exports increased by X the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The united states (X tons) was the main destination for confectionery exports from Mexico, with a X% share of total exports. It was followed by Canada (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +X%.

In value terms, the United States ($X) remains the key foreign market for confectionery exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +X%.

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, waning by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%).

Confectionery Imports

Imports into Mexico

In 2021, purchases abroad of confectionery decreased by -X% to X tons, falling for the second consecutive year after four years of growth.Overall, imports saw a pronounced contraction.The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year.Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, confectionery imports reached $X in 2021.Over the period under review, imports saw a noticeable decrease.The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year.As a result, imports reached the peak of $X. from 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of confectionery to Mexico, with a X% share of total imports. Moreover, confectionery imports from the United States exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), fivefold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+X% per year) and the Netherlands (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average confectionery import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for confectionery in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 32% of global consumption. These countries were followed by Pakistan, Japan, Bangladesh, Indonesia, Brazil, Russia, Nigeria and Mexico, which together accounted for a further 21%.

What are the largest producers of confectionery in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 30% share of global production. These countries were followed by Germany, Pakistan, Indonesia, Japan, Brazil, Russia, Mexico, Nigeria and Ethiopia, which together accounted for a further 24%.

What are the leading suppliers of confectionery to Mexico?

In value terms, the United States constituted the largest supplier of confectionery to Mexico, comprising 62% of total imports. The second position in the ranking was held by Canada, with a 7% share of total imports. It was followed by the Netherlands, with a 6.1% share.

What are the leading importers of confectionery from Mexico?

In value terms, the United States remains the key foreign market for confectionery exports from Mexico, comprising 94% of total exports. The second position in the ranking was taken by Canada, with a 2.7% share of total exports.

What is the average export price for confectionery in Mexico?

In 2021, the average confectionery export price amounted to $2,687 per ton, falling by -7.9% against the previous year.

What is the average import price for confectionery in Mexico?

In 2021, the average confectionery import price amounted to $3,557 per ton, growing by 22% against the previous year.

This report provides an in-depth analysis of the confectionery 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 2030.

Product coverage:

• Prodcom 10821100 - Cocoa paste (excluding containing added sugar or other sweetening matter)

• Prodcom 10821200 - Cocoa butter, fat and oil

• Prodcom 10821300 - Cocoa powder, not containing added sugar or other sweetening matter

• Prodcom 10821400 - Cocoa powder, containing added sugar or other sweetening matter

• Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of

• Prodcom 10822150 - Chocolate milk crumb containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822170 - Chocolate flavour coating containing .18 % or more by weight of cocoa butter and in packings weighing > 2 kg

• Prodcom 10822190 - Food preparations containing <18 % of cocoa butter and in packings weighing > 2 kg (excluding chocolate flavour coating, chocolate milk crumb)

• Prodcom 10822233 - Filled chocolate blocks, slabs or bars consisting of a centre (including of cream, liqueur or fruit paste, excluding chocolate biscuits)

• Prodcom 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)

• Prodcom 10822239 - Chocolate blocks, slabs or bars (excluding filled, with added cereal, fruit or nuts, chocolate biscuits)

• Prodcom 10822243 - Chocolates (including pralines) containing alcohol (excluding in blocks, slabs or bars)

• Prodcom 10822245 - Chocolates (excluding those containing alcohol, in blocks, s labs or bars)

• Prodcom 10822253 - Filled chocolate confectionery (excluding in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822255 - Chocolate confectionery (excluding filled, in blocks, slabs or bars, chocolate biscuits, chocolates)

• Prodcom 10822260 - Sugar confectionery and substitutes therefor made from sugar substitution products, containing cocoa (including chocolate nougat) (excluding white chocolate)

• Prodcom 10822270 - Chocolate spreads

• Prodcom 10822280 - Preparations containing cocoa for making beverages

• Prodcom 10822290 - Food products with cocoa (excluding cocoa paste, butter, p owder, blocks, slabs, bars, liquid, paste, powder, granular, o ther bulk form in packings > 2 kg, to make beverages, c hocolate spreads)

• Prodcom 10822310 - Chewing gum

• Prodcom 10822320 - Liquorice cakes, blocks, sticks and pastilles containing > .10 % by weight of sucrose, but not containing any other substances

• Prodcom 10822330 - White chocolate

• Prodcom 10822353 - Sugar confectionery pastes in immediate packings of a net content . 1 kg (including marzipan, fondant, nougat and almond pastes)

• Prodcom 10822355 - Throat pastilles and cough drops consisting essentially of sugars and flavouring agents (excluding pastilles or drops with flavouring agents containing medicinal properties)

• Prodcom 10822363 - Sugar-coated (panned) goods (including sugar almonds)

• Prodcom 10822365 - Gums, fruit jellies and fruit pastes in the form of sugar confectionery (excluding chewing gum)

• Prodcom 10822373 - Boiled sweets

• Prodcom 10822375 - Toffees, caramels and similar sweets

• Prodcom 10822383 - Compressed tablets of sugar confectionery (including cachous)

• Prodcom 10822390 - Sugar confectionery, n.e.c.

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

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance