Report Update Nov 1, 2024

Mexico - Fish Fillets in Batter or Breadcrumbs - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Battered Fish Fillet Market 2024

Battered Fish Fillet Market Size in Mexico

The Mexican battered fish fillet market totaled $X in 2021, surging by 1.9% against the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Battered fish fillet consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Battered Fish Fillet Production in Mexico

In value terms, battered fish fillet production expanded modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14% against the previous year. Battered fish fillet production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Battered Fish Fillet Exports

Exports from Mexico

In 2017, overseas shipments of fish fillets in batter or breadcrumbs increased by 315% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a noticeable decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2017, the exports stood at a somewhat lower figure.

In value terms, battered fish fillet exports soared to $X in 2017. In general, exports, however, showed a abrupt decline. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2017, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for battered fish fillet exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) also remains the key foreign market for fish fillets in batter or breadcrumbs exports from Mexico.

From 2012 to 2017, the average annual rate of growth in terms of value to the United States stood at -11.4%.

Export Prices by Country

The average battered fish fillet export price stood at $X per ton in 2017, rising by 5.8% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 11%. The export price peaked at $X per ton in 2014; however, from 2015 to 2017, the export prices remained at a 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 2017, the rate of growth in terms of prices for Chile amounted to +10.4% per year.

Battered Fish Fillet Imports

Imports into Mexico

In 2021, imports of fish fillets in batter or breadcrumbs into Mexico reduced markedly to X tons, with a decrease of -94.2% on the previous year. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 170%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, battered fish fillet imports contracted notably to $X in 2021. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of 138%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main battered fish fillet supplier to Mexico, accounting for a 91% share of total imports. Moreover, battered fish fillet imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -12.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.3% per year) and Spain (-35.7% per year).

In value terms, the United States ($X) constituted the largest supplier of fish fillets in batter or breadcrumbs to Mexico, comprising 95% of total imports. The second position in the ranking was held by China ($X), with a 3.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-42.8% per year) and Spain (-43.3% per year).

Import Prices by Country

In 2021, the average battered fish fillet import price amounted to $X per ton, falling by -12.5% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 a decrease of -2% against the previous year. 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, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($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 (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fish fillets in batter or breadcrumbs in the world?

China constituted the country with the largest volume of battered fish fillet consumption, accounting for 17% of total volume. Moreover, battered fish fillet consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 6% share.

What are the largest producers of fish fillets in batter or breadcrumbs in the world?

The country with the largest volume of battered fish fillet production was China, accounting for 20% of total volume. Moreover, battered fish fillet production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of fish fillets in batter or breadcrumbs to Mexico?

In value terms, the United States constituted the largest supplier of battered fish fillet to Mexico, comprising 65% of total imports. The second position in the ranking was occupied by China, with a 24% share of total imports. It was followed by Vietnam, with a 3.8% share.

What are the leading importers of fish fillets in batter or breadcrumbs from Mexico?

In value terms, the United States remains the key foreign market for battered fish fillet exports from Mexico, comprising 79% of total exports. The second position in the ranking was occupied by Chile, with a 21% share of total exports.

What is the average export price for fish fillets in batter or breadcrumbs in Mexico?

The average battered fish fillet export price stood at $3,448 per ton in 2021, approximately equating the previous year.

What is the average import price for fish fillets in batter or breadcrumbs in Mexico?

In 2021, the average battered fish fillet import price amounted to $3,610 per ton, falling by -22.7% against the previous year.

This report provides an in-depth analysis of the battered fish fillet 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 10202570 - Fish fillets in batter or breadcrumbs including fish fingers (excluding prepared meals and dishes)

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
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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