Mexico - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in Mexico - 2023
Contents:
- Milk Price in Mexico (CIF) - 2022
- Milk Price in Mexico (FOB) - 2022
- Milk Imports in Mexico
- Milk Exports in Mexico
Milk Price in Mexico (CIF) - 2022
The average milk import price stood at $698 per ton in 2022, rising by 8% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milk import price increased by +11.4% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 79% against the previous year. As a result, import price attained the peak level of $1,055 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, 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 +1.5% per year.
Milk Price in Mexico (FOB) - 2022
In 2022, the average milk export price amounted to $1,091 per ton, surging by 37% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milk export price increased by +88.9% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,315 per ton), while the average price for exports to the United Arab Emirates stood at $657 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.7%), while the prices for the other major destinations experienced a decline.
Milk Imports in Mexico
In 2022, the amount of milk imported into Mexico expanded rapidly to 14K tons, increasing by 8.6% compared with 2021 figures. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,832%. As a result, imports reached the peak of 29K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, milk imports surged to $9.9M in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,611% against the previous year. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Milk in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | 18.1 | 8.5 | 9.9 | 108.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 18.1 | 8.5 | 9.9 | 108.0% |
Top Suppliers of Milk to Mexico in 2022:
- United States (14.2K tons)
Milk Exports in Mexico
After three years of growth, shipments abroad of milk decreased by -94.5% to 398 tons in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 105%.
In value terms, milk exports reduced markedly to $434K in 2022. Over the period under review, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 140% against the previous year.
| Export of Milk in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 1,976 | 4,149 | 345 | -58.2% |
| United Arab Emirates | N/A | 0.2 | 0.4 | 88.9 | 2008.3% |
| Guatemala | 1,525 | 988 | 951 | N/A | -21.0% |
| Cuba | N/A | 178 | N/A | N/A | 0% |
| Belize | 78.4 | 44.0 | 671 | N/A | 192.6% |
| Others | 4.4 | 677 | N/A | N/A | 15286.4% |
| Total | 1,608 | 3,864 | 5,771 | 434 | -35.4% |
Top Export Markets for Milk from Mexico in 2022:
- United States (262.6 tons)
- United Arab Emirates (135.3 tons)
This report provides an in-depth analysis of the milk 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:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the milk market in Mexico.
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This report provides an in-depth analysis of the skim milk market in Mexico.
359
This report provides an in-depth analysis of the cream fresh market in Mexico.
566
This report provides an in-depth analysis of the whole fresh milk market in Mexico.
3786
This report provides an in-depth analysis of the global milk market.
561
This report provides an in-depth analysis of the global skim milk market.
564
This report provides an in-depth analysis of the global cream fresh market.
1080
This report provides an in-depth analysis of the global whole fresh milk market.
363
This report provides an in-depth analysis of the cream market in Mexico.
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This report provides an in-depth analysis of the milk market in Mexico.
387
Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
263
From the shift towards plant-based alternatives to the growing demand for organic and sustainable milk products, the milk market is undergoing significant changes.
569
The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
1374
Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
1386
Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
2171
Developing countries are expected to display positive dynamics in per capita consumption of dairy products, due to robust income growth, expanding populations and a further globalization of diets.
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Explore the top import markets for whole fresh milk and their import values. Germany, China, Netherlands, Belgium, Italy, and more lead the global market. Discover key statistics and insights using data from the IndexBox market intelligence platform.
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The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
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Global cream fresh consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
