Mexico: Potato Market 2025

Potato Market Size in Mexico

The Mexican potato market declined modestly to $X in 2021, which is down by -4.7% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then declined slightly in the following year.

Potato Production in Mexico

In value terms, potato production contracted slightly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 163%. Potato production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

The average yield of potatoes in Mexico reduced modestly to X tons per ha in 2021, with a decrease of -2.2% on the previous year. The yield figure increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 4.6%. As a result, the yield reached the peak level of X tons per ha, and then declined modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The potato harvested area in Mexico reduced to X ha in 2021, which is down by -2% on 2020 figures. In general, the harvested area continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of 4.1%. Over the period under review, the harvested area dedicated to potato production attained the maximum at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Potato Exports

Exports from Mexico

In 2021, exports of potatoes from Mexico dropped significantly to X tons, shrinking by -68.3% compared with the previous year's figure. In general, exports recorded a slight descent. The pace of growth was the most pronounced in 2018 when exports increased by 145%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, potato exports shrank rapidly to $X in 2021. Overall, exports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 229% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belize (X tons) was the main destination for potato exports from Mexico, with a 91% share of total exports. Moreover, potato exports to Belize exceeded the volume sent to the second major destination, El Salvador (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Belize was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+13.3% per year) and the United States (-16.1% per year).

In value terms, Belize ($X) remains the key foreign market for potato exports from Mexico, comprising 94% of total exports. The second position in the ranking was taken by El Salvador ($X), with a 1.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belize totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+10.5% per year) and the United States (-28.0% per year).

Export Prices by Country

The average potato export price stood at $X per ton in 2021, falling by -8.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2018 an increase of 34%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belize ($X per ton), while the average price for exports to El Salvador ($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 Belize (-1.9%), while the prices for the other major destinations experienced a decline.

Potato Imports

Imports into Mexico

In 2021, the amount of potatoes imported into Mexico dropped to X tons, waning by -14.1% against 2020 figures. Over the period under review, imports, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2015 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, potato imports shrank to $X in 2021. Overall, imports, however, showed tangible growth. The pace of growth appeared the most rapid in 2014 with an increase of 11%. Over the period under review, imports reached the peak figure at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, the United States (X tons) was the main supplier of potato to Mexico, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +2.9%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +4.1%.

Import Prices by Country

In 2021, the average potato import price amounted to $X per ton, increasing by 7.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +1.2% per year.

Source: IndexBox Platform

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