Mexico: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Mexico

After five years of growth, the Mexican market for jams, jellies, puree and pastes decreased by -2.3% to $X in 2021. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +119.0% against 2012 indices. Over the period under review, the market attained the peak level at $X in 2020, and then shrank slightly in the following year.

Production of Jams, Jellies, Puree And Pastes in Mexico

In value terms, jam, jelly, puree and paste production dropped slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +16.4% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 40%. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports from Mexico

In 2021, jam, jelly, puree and paste exports from Mexico surged to X tons, jumping by 42% compared with the previous year. Overall, exports, however, showed a perceptible reduction. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, jam, jelly, puree and paste exports reduced slightly to $X in 2021. In general, exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for jam, jelly, puree and paste exports from Mexico, accounting for a 86% share of total exports. Moreover, jam, jelly, puree and paste exports to the United States exceeded the volume sent to the second major destination, Switzerland (X tons), more than tenfold. Guatemala (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+135.5% per year) and Guatemala (-1.3% per year).

In value terms, the United States ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Mexico, comprising 91% of total exports. The second position in the ranking was held by Guatemala ($X), with a 2.5% share of total exports. It was followed by Switzerland, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-0.5% per year) and Switzerland (+115.4% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, declining by -30.8% against the previous year. Overall, the export price, however, continues to indicate a pronounced expansion. The growth pace was the most rapid in 2016 when the average export price increased by 79%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Spain ($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 South Korea (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Mexico

In 2021, the amount of jams, jellies, puree and pastes imported into Mexico skyrocketed to X tons, growing by 73% against the year before. In general, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2019 when imports increased by 288% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, jam, jelly, puree and paste imports fell to $X in 2021. Overall, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 with an increase of 155% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Chile (X tons) constituted the largest supplier of jam, jelly, puree and paste to Mexico, with a 77% share of total imports. Moreover, jam, jelly, puree and paste imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from Chile totaled -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.2% per year) and Spain (+1.8% per year).

In value terms, the largest jam, jelly, puree and paste suppliers to Mexico were Chile ($X), the United States ($X) and Spain ($X), together accounting for 94% of total imports.

The United States, with a CAGR of +2.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for jams, jellies, puree and pastes amounted to $X per ton, with a decrease of -49.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 283%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+50.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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