Report Update Nov 1, 2024

Mexico - Cereal Pellets (Excluding Wheat) - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Mexico

The Mexican non-wheat cereal pellets market reached $X in 2021, growing by 3.5% against the previous year. Overall, consumption saw a resilient increase. Non-wheat cereal pellets consumption peaked in 2021 and is expected to retain growth in the immediate term.

Non-Wheat Cereal Pellets Production in Mexico

In value terms, non-wheat cereal pellets production totaled $X in 2021 estimated in export price. In general, production saw tangible growth. The pace of growth appeared the most rapid in 2018 with an increase of 50% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Non-Wheat Cereal Pellets Exports

Exports from Mexico

Non-wheat cereal pellets exports from Mexico reduced slightly to X tons in 2021, waning by -1.7% on 2020. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 162% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-wheat cereal pellets exports shrank to $X in 2021. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 144% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for non-wheat cereal pellets exports from Mexico, with a 60% share of total exports. Moreover, non-wheat cereal pellets exports to Brazil exceeded the volume sent to the second major destination, Guatemala (X tons), twofold. The third position in this ranking was held by Peru (X tons), with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil totaled +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+2.1% per year) and Peru (-1.7% per year).

In value terms, Brazil ($X) remains the key foreign market for cereal pellets (excluding wheat) exports from Mexico, comprising 60% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 26% share of total exports. It was followed by Peru, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to Brazil totaled +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+3.0% per year) and Peru (-1.4% per year).

Export Prices by Country

The average non-wheat cereal pellets export price stood at $X per ton in 2021, with a decrease of -3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Wheat Cereal Pellets Imports

Imports into Mexico

In 2021, overseas purchases of cereal pellets (excluding wheat) increased by 92% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 1,179% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, non-wheat cereal pellets imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 819% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of non-wheat cereal pellets to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -16.1%.

In value terms, the United States ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -7.5%.

Import Prices by Country

In 2021, the average non-wheat cereal pellets import price amounted to $X per ton, waning by -1.6% against the previous year. Overall, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 154%. The import price peaked at $X per ton in 2017; however, from 2018 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 +10.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereal pellets (excluding wheat) in the world?

The countries with the highest volumes of non-wheat cereal pellets consumption in 2020 were China, the Netherlands and the United States, together accounting for 30% of global consumption. India, the United Arab Emirates, Russia, Brazil, Pakistan, Japan, Nigeria, Indonesia, Bangladesh and Spain lagged somewhat behind, together comprising a further 27%.

What are the largest producers of cereal pellets (excluding wheat) in the world?

The countries with the highest volumes of non-wheat cereal pellets production in 2020 were China, the United States and India, together accounting for 32% of global production. Russia, Brazil, Ireland, Pakistan, Japan, Indonesia, Bangladesh, Mexico, Nigeria and France lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of cereal pellets (excluding wheat) to Mexico?

In value terms, the United States constituted the largest supplier of non-wheat cereal pellets to Mexico.

What are the leading importers of cereal pellets (excluding wheat) from Mexico?

In value terms, the United States remains the key foreign market for non-wheat cereal pellets exports from Mexico.

What is the average export price for cereal pellets (excluding wheat) in Mexico?

In 2020, the average non-wheat cereal pellets export price amounted to $934 per ton, reducing by -4.3% against the previous year.

What is the average import price for cereal pellets (excluding wheat) in Mexico?

The average non-wheat cereal pellets import price stood at $3,133 per ton in 2020, growing by 51% against the previous year.

This report provides an in-depth analysis of the non-wheat cereal pellets 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:

Prodcom 10613250 - Pellets of oats, maize, rice, rye, barley and other cereals (excluding wheat)

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023