Mandarins Price in Mexico - 2023
Contents:
- Mandarins Price in Mexico (CIF) - 2023
- Mandarins Price in Mexico (FOB) - 2023
- Mandarins Imports in Mexico
- Mandarins Exports in Mexico
Mandarins Price in Mexico (CIF) - 2023
In March 2023, the average mandarins import price amounted to $888 per ton, flattening at the previous month. In general, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in July 2022 an increase of 137% month-to-month. The import price peaked at $1,781 per ton in December 2022; however, from January 2023 to March 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2022 to March 2023, the rate of growth in terms of prices for Peru amounted to 0.0% per month.
Mandarins Price in Mexico (FOB) - 2023
In January 2023, the average mandarins export price amounted to $327 per ton, almost unchanged from the previous month. Over the period under review, the export price recorded a temperate increase. The export price peaked in January 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2022 to January 2023, the rate of growth in terms of prices for the United States amounted to +2.3% per month.
Mandarins Imports in Mexico
In 2022, approx. 4K tons of fruit, edible were imported into Mexico; reducing by -38% on the previous year. In general, imports showed a dramatic shrinkage.
In value terms, mandarins imports contracted significantly to $4.9M in 2022. Overall, imports faced a precipitous decrease.
| Import of Mandarins in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 7.2 | 4.5 | -37.5% | ||
| Peru | 0.7 | 0.4 | -42.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 7.9 | 4.9 | -38.0% | ||
Top Suppliers of Mandarins to Mexico in 2022:
- United States (3.7K tons)
- Peru (0.3K tons)
Mandarins Exports in Mexico
In 2022, overseas shipments of fruit, edible were finally on the rise to reach 3.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt contraction.
In value terms, mandarins exports surged to $2.4M in 2022. Overall, exports, however, continue to indicate a abrupt decrease.
| Export of Mandarins in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,209 | 3,208 | 1,063 | 2,203 | -11.8% |
| Canada | 72.7 | 204 | 74.8 | 105 | 13.0% |
| Guatemala | 19.1 | 17.9 | 43.7 | 45.2 | 33.3% |
| Others | 0.3 | 4.0 | 91.6 | 0.1 | -30.7% |
| Total | 3,301 | 3,434 | 1,273 | 2,354 | -10.7% |
Top Export Markets for Mandarins from Mexico in 2022:
- United States (2710.0 tons)
- Guatemala (362.9 tons)
- Canada (63.1 tons)
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