Price for Grapes; Fresh or Dried in Mexico - 2023

Contents:

  1. Price for Grapes; Fresh or Dried in Mexico (FOB) - 2022
  2. Price for Grapes; Fresh or Dried in Mexico (CIF) - 2023
  3. Exports of Grapes; Fresh or Dried in Mexico
  4. Imports of Grapes; Fresh or Dried in Mexico

Price for Grapes; Fresh or Dried in Mexico (FOB) - 2022

The average grapes; fresh or dried export price stood at $2,995 per ton in 2022, growing by 8.7% against the previous year. In general, the export price recorded prominent growth. The growth pace was the most rapid in 2016 when the average export price increased by 52%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3,730 per ton), while the average price for exports to the United States totaled $2,986 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.3%).

Price for Grapes; Fresh or Dried in Mexico (CIF) - 2023

The average grapes; fresh or dried import price stood at $50,379 per ton in August 2023, growing by 2,011% against the previous month. In general, the import price, however, saw a abrupt decline. The import price peaked at $99,951 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Chile ($1,613 per ton), while the price for Peru totaled $1,345 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Grapes; Fresh or Dried in Mexico

Grapes; fresh or dried exports from Mexico dropped dramatically to 101K tons in 2022, which is down by -15.7% compared with the previous year. Overall, exports continue to indicate a abrupt decline. The smallest decline of -4.4% was in 2021.

In value terms, grapes; fresh or dried exports dropped to $302M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18%. As a result, the exports attained the peak of $330M, and then declined in the following year.

Export of Grapes; Fresh or Dried in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2842703232920.9%
Japan3.84.53.57.324.3%
Others5.05.43.72.6-19.6%
Total2932803303021.0%

Top Export Markets for Grapes; Fresh or Dried from Mexico in 2022:

  1. United States (97.9K tons)
  2. Japan (1.9K tons)

Imports of Grapes; Fresh or Dried in Mexico

In 2022, supplies from abroad of grapes; fresh or drieds decreased by -5.8% to 91K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 76%.

In value terms, grapes; fresh or dried imports skyrocketed to $287M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Grapes; Fresh or Dried in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11512413316412.6%
Peru35.149.051.893.738.7%
Chile44.639.122.828.9-13.5%
OthersN/AN/AN/AN/A0%
Total19521320828713.7%

Top Suppliers of Grapes; Fresh or Dried to Mexico in 2022:

  1. United States (50.9K tons)
  2. Peru (31.1K tons)
  3. Chile (9.3K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Grapes; fresh or dried - Mexico