Mexico: Market for Dog And Cat Food 2025

Market Size for Dog And Cat Food in Mexico

The Mexican dog and cat food market fell to $X in 2021, with a decrease of -9.2% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Dog and cat food consumption peaked at $X in 2020, and then reduced in the following year.

Production of Dog And Cat Food in Mexico

In value terms, dog and cat food production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Dog And Cat Food

Exports from Mexico

In 2021, overseas shipments of dog and cat food increased by 101% to X tons, rising for the fourth year in a row after four years of decline. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dog and cat food exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2018 when exports increased by 111% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

Costa Rica (X tons), Guatemala (X tons) and Panama (X tons) were the main destinations of dog and cat food exports from Mexico, with a combined 66% share of total exports. These countries were followed by El Salvador, the United States, the Dominican Republic and Honduras, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for the Dominican Republic (with a CAGR of +24.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dog and cat food exported from Mexico were Costa Rica ($X), the United States ($X) and Guatemala ($X), with a combined 64% share of total exports. These countries were followed by Panama, El Salvador, the Dominican Republic and Honduras, which together accounted for a further 31%.

The Dominican Republic, with a CAGR of +23.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dog and cat food export price amounted to $X per ton, dropping by -29.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 74%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat 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 the United States ($X per ton), while the average price for exports to the Dominican Republic ($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 the United States (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dog And Cat Food

Imports into Mexico

In 2021, imports of dog and cat food into Mexico was estimated at X tons, picking up by 8.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 14% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, dog and cat food imports soared to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.1% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest dog and cat food supplier to Mexico, accounting for a 79% share of total imports. Moreover, dog and cat food imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+24.9% per year) and France (-9.9% per year).

In value terms, the United States ($X) constituted the largest supplier of dog and cat food to Mexico, comprising 86% of total imports. The second position in the ranking was held by Canada ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+16.3% per year) and France (-4.3% per year).

Import Prices by Country

The average dog and cat food import price stood at $X per ton in 2021, picking up by 6.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Canada ($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 (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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