Mexico: Mixes And Doughs Market 2025

Mixes And Doughs Market Size in Mexico

In 2022, the Mexican mixes and doughs market increased by 1.2% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.9% against 2019 indices. Mixes and doughs consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Mixes And Doughs Production in Mexico

In value terms, mixes and doughs production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.9% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 40% against the previous year. Mixes and doughs production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from Mexico

In 2022, exports of mixes and doughs from Mexico rose remarkably to X tons, picking up by 6.9% on the year before. In general, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.7% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mixes and doughs exports soared to $X in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 49% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for mixes and doughs exports from Mexico, accounting for a 84% share of total exports. Moreover, mixes and doughs exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), ninefold. Honduras (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+7.8% per year) and Honduras (-4.3% per year).

In value terms, the United States ($X) remains the key foreign market for mixes and doughs exports from Mexico, comprising 84% of total exports. The second position in the ranking was held by Guatemala ($X), with a 7.2% share of total exports. It was followed by Honduras, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+8.4% per year) and Honduras (-0.1% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, surging by 27% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mixes and doughs export price decreased by -12.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 40%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Guatemala ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Mexico

In 2022, overseas purchases of mixes and doughs increased by 7.4% to X tons, rising for the fifth consecutive year after four years of decline. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, mixes and doughs imports soared to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) was the main mixes and doughs supplier to Mexico, accounting for a 92% share of total imports. Moreover, mixes and doughs imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +2.5%.

In value terms, the United States ($X) constituted the largest supplier of mixes and doughs to Mexico, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with a 6.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +4.6%.

Import Prices by Country

The average mixes and doughs import price stood at $X per ton in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The import price peaked at $X per ton in 2019; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.0%).

Source: IndexBox Platform

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