Mexico - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingProduction of Asparagus in Mexico - 2022
Contents:
- Asparagus Production in Mexico - 2022
- Asparagus Harvested Area in Mexico - 2022
- Asparagus Yield in Mexico - 2022
Asparagus Production in Mexico - 2022
In 2022, production of asparagus decreased by -7.3% to 305K tons for the first time since 2019, thus ending a two-year rising trend. The total output volume increased at an average annual rate of +4.4% from 2017 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of 13%. Asparagus production peaked at 329K tons in 2021, and then fell in the following year. Asparagus output in Mexico indicated a tangible expansion, which was largely conditioned by a notable increase of the harvested area and a mild setback in yield figures.
In value terms, asparagus production rose rapidly to $1.5B in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2017 to 2022: its value increased at an average annual rate of +5.4% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 50%. As a result, production reached the peak level of $1.7B. From 2021 to 2022, production growth failed to regain momentum.
Asparagus Harvested Area in Mexico - 2022
In 2022, the asparagus harvested area in Mexico was estimated at 36K ha, with an increase of 1.9% against the previous year. The harvested area increased at an average annual rate of +6.3% from 2017 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 18%. Over the period under review, the harvested area dedicated to asparagus production reached the maximum in 2022 and is likely to see steady growth in the near future.
Asparagus Yield in Mexico - 2022
In 2022, the average asparagus yield in Mexico dropped to 8.6 tons per ha, which is down by -9.1% on 2021. In general, the yield showed a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. The asparagus yield peaked at 9.4 tons per ha in 2021, and then dropped in the following year.
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
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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, 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.