Report Update Jan 1, 2025

Mexico - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Carob Market 2025

Carob Market Size in Mexico

The Mexican carob market fell to $X in 2021, waning by -14.1% against the previous year. Over the period under review, consumption, however, saw a buoyant increase. Carob consumption peaked at $X in 2020, and then shrank in the following year.

Carob Production in Mexico

In value terms, carob production dropped to $X in 2021 estimated in export price. In general, production, however, showed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 85% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

In 2021, the average carob yield in Mexico dropped to X tons per ha, leveling off at the previous year's figure. Over the period under review, the yield, however, enjoyed resilient growth. The growth pace was the most rapid in 2018 with an increase of 41%. Over the period under review, the average carob yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The carob harvested area in Mexico declined to X ha in 2021, waning by -10.6% against the previous year. Overall, the harvested area, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the harvested area increased by 31% against the previous year. The carob harvested area peaked at X ha in 2020, and then shrank in the following year.

Carob Exports

Exports from Mexico

After three years of decline, overseas shipments of carob decreased by 0% to X kg in 2021. In general, exports showed a precipitous slump. The pace of growth was the most pronounced in 2017 when exports increased by 3,100%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, carob exports amounted to $X in 2021. Over the period under review, exports showed a significant decrease. The growth pace was the most rapid in 2017 when exports increased by 2,669% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for carob exports from Mexico, with a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

The average carob export price stood at $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 2.8%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2013 to 2021, the rate of growth in terms of prices for the United States amounted to -7.0% per year.

Carob Imports

Imports into Mexico

In 2021, purchases abroad of carob decreased by -46.9% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a pronounced descent. The growth pace was the most rapid in 2016 with an increase of 194%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, carob imports dropped notably to $X in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 304%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), Morocco (X tons) and Switzerland (X tons) were the main suppliers of carob imports to Mexico, with a combined 93% share of total imports. These countries were followed by the United States and Peru, which together accounted for a further 6.6%.

From 2012 to 2021, the biggest increases were in Peru (with a CAGR of +6.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) constituted the largest supplier of carob to Mexico, comprising 59% of total imports. The second position in the ranking was held by Morocco ($X), with an 18% share of total imports. It was followed by Switzerland, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (-63.2% per year) and Switzerland (-23.9% per year).

Import Prices by Country

In 2021, the average carob import price amounted to $X per ton, waning by -26.8% against the previous year. In general, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2018 an increase of 40%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Peru ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+43.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, with a combined 51% share of global consumption. Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt lagged somewhat behind, together comprising a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, together comprising 57% of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Mexico?

In value terms, the largest carob suppliers to Mexico were Spain, the U.S. and Switzerland.

What is the average export price for carob in Mexico?

In 2018, the average carob export price amounted to $1,011 per ton, approximately mirroring the previous year.

What is the average import price for carob in Mexico?

In 2020, the average carob import price amounted to $3,906 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024