Report Update Nov 1, 2024

Mexico - Fruits, Nuts and Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Candied Fruit Market 2024

Candied Fruit Market Size in Mexico

In 2021, the Mexican candied fruit market decreased by -45.8% to $X, falling for the fourth consecutive year after four years of growth. Over the period under review, consumption recorded a perceptible reduction. Candied fruit consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Candied Fruit Production in Mexico

In value terms, candied fruit production totaled $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 128% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Candied Fruit Exports

Exports from Mexico

In 2021, approx. X tons of candied fruits were exported from Mexico; jumping by 150% compared with 2020. Overall, exports showed a mild increase. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, candied fruit exports skyrocketed to $X in 2021. In general, total exports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 102% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for candied fruit 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 stood at +1.0%.

In value terms, the United States ($X) also remains the key foreign market for candied fruit exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +3.8%.

Export Prices by Country

The average candied fruit export price stood at $X per ton in 2021, dropping by -39.2% against the previous year. In general, the export price, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 79%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood 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 +2.8% per year.

Candied Fruit Imports

Imports into Mexico

In 2021, approx. X tons of candied fruits were imported into Mexico; picking up by 15% against the previous year. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 148%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, candied fruit imports soared to $X in 2021. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 100% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Thailand (X tons) constituted the largest candied fruit supplier to Mexico, with a 47% share of total imports. Moreover, candied fruit imports from Thailand exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. The third position in this ranking was held by the United States (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand stood at +35.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+66.9% per year) and the United States (-8.9% per year).

In value terms, Thailand ($X), the United States ($X) and China ($X) appeared to be the largest candied fruit suppliers to Mexico, together comprising 93% of total imports. Taiwan (Chinese) lagged somewhat behind, comprising a further 2.1%.

Taiwan (Chinese), with a CAGR of +43.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2021, picking up by 5.1% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2015 when the average import price increased by 34%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for candied fruits in the world?

China constituted the country with the largest volume of candied fruit consumption, accounting for 44% of total volume. Moreover, candied fruit consumption in China exceeded the figures recorded by the second-largest consumer, Thailand, fourfold. The third position in this ranking was occupied by France, with a 4.4% share.

What are the largest producers of candied fruits in the world?

The country with the largest volume of candied fruit production was China, accounting for 55% of total volume. Moreover, candied fruit production in China exceeded the figures recorded by the second-largest producer, Thailand, threefold. The third position in this ranking was occupied by Italy, with a 3.9% share.

What are the leading suppliers of candied fruits to Mexico?

In value terms, the United States constituted the largest supplier of candied fruit to Mexico, comprising 97% of total imports. The second position in the ranking was occupied by Spain, with a 2.5% share of total imports.

What are the leading importers of candied fruits from Mexico?

In value terms, the United States remains the key foreign market for candied fruit exports from Mexico.

What is the average export price for candied fruits in Mexico?

In 2021, the average candied fruit export price amounted to $2,193 per ton, declining by -35.9% against the previous year.

What is the average import price for candied fruits in Mexico?

In 2021, the average candied fruit import price amounted to $3,044 per ton, picking up by 2.6% against the previous year.

This report provides an in-depth analysis of the candied fruit 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 625 - Fruit, Nuts, Peel, Sugar Preserved

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 2012–2023
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023