Mexico: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Mexico

In 2022, the Mexican lettuce and chicory market decreased by -10% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption showed noticeable growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Lettuce And Chicory Production in Mexico

In value terms, lettuce and chicory production expanded to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 51%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of lettuce and chicory in Mexico totaled X tons per ha, remaining constant against the previous year's figure. The yield figure increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 4.7%. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2022, the growth of the average lettuce and chicory yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The lettuce and chicory harvested area in Mexico rose to X ha in 2022, with an increase of 2% compared with 2021 figures. The harvested area increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the harvested area increased by 13%. Over the period under review, the harvested area dedicated to lettuce and chicory production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Lettuce And Chicory Exports

Exports from Mexico

Lettuce and chicory exports from Mexico soared to X tons in 2022, surging by 33% compared with the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 88%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, lettuce and chicory exports skyrocketed to $X in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2017 with an increase of 50%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +22.1%.

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

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +22.1%.

Export Prices by Country

In 2022, the average lettuce and chicory export price amounted to $X per ton, rising by 3.7% against the previous year. Over the period under review, 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 50% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, 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 2022, the rate of growth in terms of prices for the United States amounted to +0.0% per year.

Lettuce And Chicory Imports

Imports into Mexico

In 2022, overseas purchases of lettuce and chicory decreased by -34.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a perceptible expansion. The growth pace was the most rapid in 2021 when imports increased by 209%. As a result, imports reached the peak of X tons, and then shrank remarkably in the following year.

In value terms, lettuce and chicory imports declined remarkably to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 153%. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

In 2022, the United States (X tons) was the main supplier of lettuce and chicory to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +3.7%.

In value terms, the United States ($X) constituted the largest supplier of lettuce and chicory to Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +9.5%.

Import Prices by Country

In 2022, the average lettuce and chicory import price amounted to $X per ton, growing by 18% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lettuce and chicory import price decreased by -22.0% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :