Latin America and the Caribbean: Food Mixer Market 2025

Food Mixer Market Size in Latin America and the Caribbean

After two years of growth, the Latin American food mixer market decreased by -4.8% to $X in 2022. The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption attained the peak level of $X, and then reduced slightly in the following year.

Food Mixer Production in Latin America and the Caribbean

In value terms, food mixer production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Food Mixer Exports

Exports in Latin America and the Caribbean

After two years of growth, overseas shipments of domestic food grinders and mixers and fruit or vegetable juice extractors decreased by -22.2% to X units in 2022. Overall, exports continue to indicate a slight downturn. The growth pace was the most rapid in 2021 when exports increased by 105% against the previous year. As a result, the exports reached the peak of X units, and then plummeted in the following year.

In value terms, food mixer exports shrank to $X in 2022. Over the period under review, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico represented the key exporting country with an export of about X units, which amounted to 78% of total exports. It was distantly followed by Colombia (X units) and Brazil (X units), together creating a 17% share of total exports. Panama (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to food mixer exports from Mexico stood at -3.1%. At the same time, Panama (+10.4%), Colombia (+8.2%) and Brazil (+4.2%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +10.4% from 2012-2022. Colombia (+6.6 p.p.), Brazil (+3 p.p.) and Panama (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by -12.4% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest food mixer supplier in Latin America and the Caribbean, comprising 79% of total exports. The second position in the ranking was held by Colombia ($X), with a 6.2% share of total exports. It was followed by Brazil, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value in Mexico totaled -2.2%. In the other countries, the average annual rates were as follows: Colombia (+3.5% per year) and Brazil (-1.5% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, surging by 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 31%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Panama ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.0%), while the other leaders experienced a decline in the export price figures.

Food Mixer Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were imported in Latin America and the Caribbean; which is down by -19.1% against the previous year's figure. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 85%. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, food mixer imports reduced rapidly to $X in 2022. Total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, Mexico (X units), distantly followed by Chile (X units), Brazil (X units), Colombia (X units), Peru (X units) and Bolivia (X units) represented the main importers of domestic food grinders and mixers and fruit or vegetable juice extractors, together comprising 80% of total imports. The following importers - Argentina (X units), Ecuador (X units) and Guatemala (X units) - together made up 10% of total imports.

From 2012 to 2022, average annual rates of growth with regard to food mixer imports into Mexico stood at +3.3%. At the same time, Bolivia (+12.3%), Argentina (+10.0%), Chile (+6.5%), Guatemala (+4.4%), Ecuador (+3.9%), Peru (+1.6%) and Colombia (+1.2%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +12.3% from 2012-2022. By contrast, Brazil (-3.3%) illustrated a downward trend over the same period. While the share of Chile (+4.7 p.p.), Bolivia (+4.6 p.p.), Mexico (+3.3 p.p.) and Argentina (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-9.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported domestic food grinders and mixers and fruit or vegetable juice extractors in Latin America and the Caribbean, comprising 32% of total imports. The second position in the ranking was taken by Chile ($X), with a 14% share of total imports. It was followed by Brazil, with an 8.2% share.

In Mexico, food mixer imports increased at an average annual rate of +4.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (+5.0% per year) and Brazil (-6.4% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, picking up by 4.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by 12%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guatemala ($X per unit), while Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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