Mexico: Preserved Beef Market 2025

Preserved Beef Market Size in Mexico

The Mexican preserved beef market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.1% against 2017 indices. Preserved beef consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Preserved Beef Production in Mexico

In value terms, preserved beef production soared to $X in 2021 estimated in export price. In general, the total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -28.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 42% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Preserved Beef Exports

Exports from Mexico

In 2021, the amount of beef and veal (salted, in brine, dried or smoked) exported from Mexico surged to X tons, picking up by 186% compared with the previous year. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 196% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, preserved beef exports surged to $X in 2021. In general, exports showed notable growth. The most prominent rate of growth was recorded in 2015 with an increase of 87% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for preserved beef exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +7.6%.

In value terms, the United States ($X) emerged as the key foreign market for beef and veal (salted, in brine, dried or smoked) exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +3.6%.

Export Prices by Country

The average preserved beef export price stood at $X per ton in 2021, waning by -39.3% against the previous year. Overall, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained 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 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -3.7% per year.

Preserved Beef Imports

Imports into Mexico

For the fifth year in a row, Mexico recorded decline in supplies from abroad of beef and veal (salted, in brine, dried or smoked), which decreased by -12.9% to X tons in 2021. Over the period under review, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2016 with an increase of 373% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved beef imports skyrocketed to $X in 2021. In general, imports faced a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of 204% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main preserved beef supplier to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -21.3%.

In value terms, the United States ($X) constituted the largest supplier of beef and veal (salted, in brine, dried or smoked) to Mexico.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -22.1%.

Import Prices by Country

The average preserved beef import price stood at $X per ton in 2021, picking up by 49% against the previous year. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 61% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -1.0% per year.

Source: IndexBox Platform

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