Report Update Nov 1, 2024

Mexico - Inulin - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Inulin Market 2024

Inulin Market Size in Mexico

The Mexican inulin market shrank to $X in 2021, reducing by -10.3% against the previous year. Overall, consumption saw a deep setback. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Inulin Production in Mexico

In value terms, inulin production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of 28%. Inulin production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Inulin Exports

Exports from Mexico

After two years of decline, shipments abroad of inulin increased by 57% to X tons in 2021. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 73%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, inulin exports soared to $X in 2021. Overall, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for inulin exports from Mexico, accounting for a 88% share of total exports. Moreover, inulin exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +9.8%.

In value terms, the United States ($X) remains the key foreign market for inulin exports from Mexico, comprising 92% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 7.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +11.7%.

Export Prices by Country

In 2021, the average inulin export price amounted to $X per ton, increasing by 48% against the previous year. Overall, the export price enjoyed a mild increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%).

Inulin Imports

Imports into Mexico

After four years of growth, supplies from abroad of inulin decreased by -47% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 64% against the previous year. Imports peaked at X tons in 2020, and then plummeted in the following year.

In value terms, inulin imports contracted markedly to $X in 2021. Over the period under review, imports saw a mild reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 66%. Over the period under review, imports hit record highs at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

In 2021, Chile (X tons) was the main supplier of inulin to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Chile was relatively modest.

In value terms, Chile ($X) constituted the largest supplier of inulin to Mexico.

From 2012 to 2021, the average annual growth rate of value from Chile was relatively modest.

Import Prices by Country

In 2021, the average inulin import price amounted to $X per ton, surging by 1.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2021, the rate of growth in terms of prices for Chile amounted to -0.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inulin in the world?

China remains the largest inulin consuming country worldwide, accounting for 31% of total volume. Moreover, inulin consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the largest producers of inulin in the world?

China constituted the country with the largest volume of inulin production, comprising approx. 31% of total volume. Moreover, inulin production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 9.7% share.

What are the leading suppliers of inulin to Mexico?

In value terms, Chile constituted the largest supplier of inulin to Mexico.

What are the leading importers of inulin from Mexico?

In value terms, the United States remains the key foreign market for inulin exports from Mexico, comprising 92% of total exports. The second position in the ranking was occupied by the Netherlands, with a 7.4% share of total exports.

What is the average export price for inulin in Mexico?

The average inulin export price stood at $2,694 per ton in 2021, approximately equating the previous year.

What is the average import price for inulin in Mexico?

In 2021, the average inulin import price amounted to $2,007 per ton, waning by -32.7% against the previous year.

This report provides an in-depth analysis of the inulin 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 10621130 - Inulin

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