Report Update Nov 1, 2024

Mexico - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Rice Bran Market 2024

Rice Bran Market Size in Mexico

The Mexican rice bran market expanded slightly to $X in 2021, with an increase of 1.7% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Rice bran consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Rice Bran Production in Mexico

In value terms, rice bran production reached $X in 2021 estimated in export price. In general, production continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 96% against the previous year. Rice bran production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Rice Bran Exports

Exports from Mexico

In 2014, after two years of growth, there was significant decline in overseas shipments of rice bran, when their volume decreased by -76.3% to X tons. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2013 with an increase of 68,176%. As a result, the exports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, rice bran exports expanded remarkably to $X in 2014. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 4,299% against the previous year. The exports peaked in 2014 and are likely to continue growth in the immediate term.

Exports by Country

Cuba (X tons) was the main destination for rice bran exports from Mexico, accounting for a 90% share of total exports. Moreover, rice bran exports to Cuba exceeded the volume sent to the second major destination, Guatemala (X tons), tenfold.

From 2012 to 2014, the average annual rate of growth in terms of volume to Cuba was relatively modest.

In value terms, the largest markets for rice bran exported from Mexico were Guatemala ($X) and Cuba ($X).

In terms of the main countries of destination, Guatemala, with a CAGR of +118.3%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2014, the average rice bran export price amounted to $X per ton, picking up by 352% against the previous year. Overall, the export price, however, continues to indicate a dramatic contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2014, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Cuba amounted to $X per ton.

From 2012 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+51.6%).

Rice Bran Imports

Imports into Mexico

In 2021, the amount of rice bran imported into Mexico amounted to X tons, with an increase of 6.9% against 2020. In general, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by 14%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, rice bran imports expanded modestly to $X in 2021. Overall, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 13% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of rice bran 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 totaled -14.1%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -13.5%.

Import Prices by Country

In 2021, the average rice bran import price amounted to $X per ton, with a decrease of -2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, 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 2021, the rate of growth in terms of prices for the United States amounted to +0.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

China constituted the country with the largest volume of rice bran consumption, accounting for 21% of total volume. Moreover, rice bran consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of rice bran in the world?

China constituted the country with the largest volume of rice bran production, accounting for 15% of total volume. Moreover, rice bran production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of rice bran to Mexico?

In value terms, the United States constituted the largest supplier of rice bran to Mexico.

What are the leading importers of rice bran from Mexico?

In value terms, the largest markets for rice bran exported from Mexico were Chile, Guatemala and Canada.

What is the average export price for rice bran in Mexico?

The average rice bran export price stood at $250 per ton in 2021, growing by 36% against the previous year.

What is the average import price for rice bran in Mexico?

The average rice bran import price stood at $216 per ton in 2021, waning by -31.5% against the previous year.

This report provides an in-depth analysis of the rice bran 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 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

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