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

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