Mexico: Market for Uncooked Pasta (Not Containing Eggs) 2024

Market Size for Uncooked Pasta (Not Containing Eggs) in Mexico

The Mexican market for uncooked pasta (not containing eggs) stood at $X in 2021, rising by 1.8% against the previous year. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Uncooked Pasta (Not Containing Eggs) in Mexico

In value terms, uncooked pasta (not containing eggs) production expanded slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2019 with an increase of 13% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Uncooked Pasta (Not Containing Eggs)

Exports from Mexico

Uncooked pasta (not containing eggs) exports from Mexico stood at X tons in 2021, therefore, remained relatively stable against 2020 figures. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 283%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) exports amounted to $X in 2021. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 227% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for uncooked pasta (not containing eggs) exports from Mexico, with a 97% share of total exports. It was followed by El Salvador (X tons), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+3.0% per year) and Guatemala (-34.5% per year).

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (+12.0% per year) and Guatemala (-33.2% per year).

Export Prices by Country

In 2021, the average export price for uncooked pasta (not containing eggs) amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 23%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to the United States ($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 El Salvador (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncooked Pasta (Not Containing Eggs)

Imports into Mexico

After two years of decline, overseas purchases of uncooked pasta (not containing eggs) increased by 41% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, uncooked pasta (not containing eggs) imports skyrocketed to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest uncooked pasta (not containing eggs) supplier to Mexico, accounting for a 58% share of total imports. Moreover, uncooked pasta (not containing eggs) imports from Italy exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. China (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.3% per year) and China (+7.4% per year).

In value terms, the largest uncooked pasta (not containing eggs) suppliers to Mexico were Italy ($X), the United States ($X) and China ($X), together comprising 93% of total imports.

Among the main suppliers, China, with a CAGR of +12.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for uncooked pasta (not containing eggs) stood at $X per ton in 2021, with a decrease of -2.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 7.9% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per ton) and Japan ($X per ton), while the price for Italy ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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