Mexico: Sweet Potato Market 2025

Sweet Potato Market Size in Mexico

The Mexican sweet potato market fell to $X in 2021, dropping by -8.3% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +17.1% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Sweet Potato Production in Mexico

In value terms, sweet potato production soared to $X in 2021 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, production reached the maximum level in 2021 and is expected to retain growth in the immediate term.

The average yield of sweet potatoes in Mexico declined to X tons per ha in 2021, with a decrease of -12.5% on the year before. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by 8%. The sweet potato yield peaked at X tons per ha in 2017; however, from 2018 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the sweet potato harvested area in Mexico expanded slightly to X ha, growing by 2.2% compared with the previous year's figure. Over the period under review, the total harvested area indicated a strong increase from 2012 to 2021: its figure increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sweet potato harvested area increased by +26.7% against 2019 indices. The growth pace was the most rapid in 2015 when the harvested area increased by 40%. The sweet potato harvested area peaked in 2021 and is likely to see steady growth in years to come.

Sweet Potato Exports

Exports from Mexico

In 2021, approx. X tons of sweet potatoes were exported from Mexico; leveling off at the previous year. Overall, exports faced a deep contraction. The smallest decline of -84.3% was in 2013. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sweet potato exports stood at $X in 2021. In general, exports recorded a perceptible slump. The smallest decline of -77.6% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Canada (X tons) and Saudi Arabia (X tons) were the main destinations of sweet potato exports from Mexico, with a combined 100% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +68.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for sweet potatoes exports from Mexico, comprising 59% of total exports. The second position in the ranking was taken by Canada ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +65.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+4.6% per year) and Saudi Arabia (0.0% per year).

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price recorded buoyant growth. The growth pace was the most rapid in 2014 an increase of 48% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Canada ($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 Canada (-0.1%).

Sweet Potato Imports

Imports into Mexico

In 2021, approx. X tons of sweet potatoes were imported into Mexico; remaining relatively unchanged against the previous year. In general, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of 8.2% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, sweet potato imports totaled $X in 2021. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by 24%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +4.6%.

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

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +13.4%.

Import Prices by Country

In 2021, the average sweet potato import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16%. The import price peaked in 2021 and is likely to see gradual growth in years to come.

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 +8.4% per year.

Source: IndexBox Platform

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