Report Update Nov 1, 2024

Mexico - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mexico: Soft Drink Market 2024

Soft Drink Market Size in Mexico

The Mexican soft drink market dropped modestly to $X in 2021, waning by -4.4% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Soft Drink Production in Mexico

In value terms, soft drink production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 15% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Soft Drink Exports

Exports from Mexico

In 2021, approx. X litres of soft drinks were exported from Mexico; jumping by 46% compared with the previous year's figure. In general, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, soft drink exports totaled $X in 2021. Over the period under review, exports recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of 21% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X litres) was the main destination for soft drink exports from Mexico, accounting for a 92% share of total exports. It was followed by Colombia (X litres), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +9.9%.

In value terms, the United States ($X) remains the key foreign market for soft drink exports from Mexico, comprising 89% of total exports. The second position in the ranking was taken by Colombia ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +9.3%.

Export Prices by Country

The average soft drink export price stood at $X per litre in 2021, declining by -26.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 23% against the previous year. The export price peaked at $X per litre in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Colombia ($X per litre), while the average price for exports to the United States amounted to $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.5%).

Soft Drink Imports

Imports into Mexico

Soft drink imports into Mexico fell to X litres in 2021, waning by -7.2% on the previous year. In general, imports recorded a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of 15%. Over the period under review, imports attained the peak figure at X litres in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, soft drink imports dropped to $X in 2021. Overall, imports showed a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of 11%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X litres) was the main supplier of soft drink to Mexico, accounting for a 96% share of total imports. It was followed by Canada (X litres), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +2.4%.

In value terms, the United States ($X) constituted the largest supplier of soft drink to Mexico, comprising 94% of total imports. The second position in the ranking was taken by Canada ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

The average soft drink import price stood at $X per litre in 2021, shrinking by -1.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 8.4% against the previous year. As a result, import price reached the peak level of $X per litre. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per litre), while the price for Canada amounted to $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by El Salvador (+15.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soft drinks in the world?

The countries with the highest volumes of soft drink consumption in 2020 were the United States, China and Japan, with a combined 36% share of global consumption. These countries were followed by Sudan, Brazil, Indonesia, Pakistan, Nigeria, Bangladesh, Mexico, the UK, Germany and Ethiopia, which together accounted for a further 25%.

What are the largest producers of soft drinks in the world?

The countries with the highest volumes of soft drink production in 2020 were the United States, China and Japan, with a combined 36% share of global production. Sudan, Brazil, Indonesia, Pakistan, Nigeria, Bangladesh, Mexico, Germany, the UK and Ethiopia lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of soft drinks to Mexico?

In value terms, the United States constituted the largest supplier of soft drink to Mexico, comprising 91% of total imports. The second position in the ranking was occupied by Canada, with a 2.6% share of total imports.

What are the leading importers of soft drinks from Mexico?

In value terms, the United States remains the key foreign market for soft drink exports from Mexico, comprising 90% of total exports. The second position in the ranking was occupied by Guatemala, with a 2.6% share of total exports. It was followed by Chile, with a 2.4% share.

What is the average export price for soft drinks in Mexico?

The average soft drink export price stood at $0.8 per litre in 2020, picking up by 6.1% against the previous year.

What is the average import price for soft drinks in Mexico?

In 2020, the average soft drink import price amounted to $0.7 per litre, with a decrease of -43.6% against the previous year.

This report provides an in-depth analysis of the soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
Prodcom 11071970 - Non-alcoholic beverages containing milk fat
Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol

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