Mexico - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAsparagus Price in Mexico - 2023
Contents:
- Asparagus Price in Mexico (FOB) - 2023
- Asparagus Price in Mexico (CIF) - 2022
- Asparagus Exports in Mexico
- Asparagus Imports in Mexico
Asparagus Price in Mexico (FOB) - 2023
The average asparagus export price stood at $2,160 per ton in June 2023, which is down by -12.5% against the previous month. In general, the export price saw a slight downturn. The growth pace was the most rapid in February 2023 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices reached the maximum at $2,561 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -1.4% per month.
Asparagus Price in Mexico (CIF) - 2022
In 2022, the average asparagus import price amounted to $3,751 per ton, approximately mirroring the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 7.8%. The import price peaked at $5,431 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,150 per ton), while the price for Peru totaled $3,718 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (-0.4%).
Asparagus Exports in Mexico
After three years of growth, shipments abroad of asparagus decreased by -26.1% to 150K tons in 2022. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, the exports reached the peak of 202K tons, and then shrank rapidly in the following year.
In value terms, asparagus exports shrank notably to $321M in 2022. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6%.
Export of Asparagus in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 314 | 265 | 270 | 321 | 0.7% |
Canada | 39.1 | 38.5 | 41.1 | N/A | 2.5% |
Japan | 28.8 | 30.5 | 29.0 | N/A | 0.3% |
Others | 66.8 | 52.4 | 76.0 | N/A | 6.7% |
Total | 449 | 386 | 416 | 321 | -10.6% |
Top Export Markets for Asparagus from Mexico in 2022:
- United States (149.6K tons)
Asparagus Imports in Mexico
In 2022, after two years of decline, there was significant decline in overseas purchases of asparagus, when their volume decreased by -50% to 76 tons. Over the period under review, imports continue to indicate a significant decrease.
In value terms, asparagus imports contracted rapidly to $286K in 2022. In general, imports recorded a sharp decline.
Import of Asparagus in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 2,261 | N/A | 432 | 275 | -50.5% |
United States | 93.6 | N/A | 118 | 9.5 | -53.4% |
Others | 1.5 | N/A | 22.3 | 1.9 | 8.2% |
Total | 2,356 | N/A | 573 | 286 | -50.5% |
Top Suppliers of Asparagus to Mexico in 2022:
- Peru (73.9 tons)
- United States (2.3 tons)
This report provides an in-depth analysis of the asparagus 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 367 - Asparagus
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
-
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, HARVESTED AREA 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
- Area Harvested, 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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In January 2023, the asparagus price stood at $2,191 per ton (FOB, Mexico), with a decrease of -6.2% against the previous month.
In December 2022, Mexico's pumpkin export price increased by 34% to $1,105 per ton, attaining the peak level with a likely continued growth. The United States and Japan were the major external markets with the highest average price. Mexico's overseas shipments of pumpkin increased by 41% to 81K tons, primarily exported to the United States, which received 73% of total exports. Furthermore, pumpkin exports to the United States exceeded the volume sent to the second major destination, Japan, threefold.
Spinach exports reached a peak of 37K tons in 2021 but declined to a lower figure from 2022 to 2023, with a drop in value to $91M in 2023.
In April 2023, the Maize price in Mexico increased by 15% to reach $957 per ton (FOB) compared to the previous month.
In April 2023, the Eggplant price in Mexico was $1,102 per ton (FOB), representing a decrease of -1.7% compared to the previous month.
In April 2023, the Chili And Pepper price in Mexico was $1,659 per ton (FOB), marking a decrease of 12.2% compared to the previous month.
Discover the top import markets for asparagus around the globe based on key statistics and data from the IndexBox platform.
Global asparagus consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global asparagus exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
Global asparagus exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.