Mexico: Vegetable Market 2020

Vegetable Market Size in Mexico

The revenue of the vegetable market in Mexico amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. Over the period under review, the vegetable market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Vegetable Production in Mexico

In 2017, the amount of vegetables produced in Mexico totaled X tons, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. Mexico vegetable production peaked in 2017, and is likely to see steady growth in the near future. Vegetable output in Mexico indicated a conspicuous expansion, which was largely conditioned by a tangible growth of the harvested area and a mild expansion in yield figures.

In 2017, average vegetable yield in Mexico totaled X ton per ha, rising by X% against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, when yield increased by X% year-to-year. Mexico vegetable yield peaked in 2017, and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of vegetables were harvested in Mexico; remaining stable against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. In that year, the vegetable harvested area attained their peak figure of X ha, and then declined slightly in the following year.

Vegetable Exports from Mexico

In 2017, exports of vegetables from Mexico amounted to X tons, remaining relatively unchanged against the previous year. Overall, the total exports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. Mexico exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, vegetable exports amounted to $X in 2017. Overall, the total exports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2007 indices. Mexico exports peaked of $X in 2016, and then declined slightly in the following year.

Vegetable Exports by Country from Mexico

The exports of the four major exporters of vegetables, namely the Netherlands, Mexico, Spain and China, represented more than third of total export. It was followed by France (X tons) and the U.S. (X tons), together generating X% share of total exports. India (X tons), Germany (X tons), Belgium (X tons), Canada (X tons), Italy (X tons) and Egypt (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports. China, the U.S., France, Canada, Italy, Belgium, Germany, India and Egypt lagged somewhat behind, together accounting for a further X%.

China (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Export Prices by Country in Mexico

The vegetable export price in Mexico stood at $X per ton in 2017, dropping by -X% against the previous year. Overall, vegetable export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when the export prices increased by X% y-o-y. In that year, the export prices for vegetables attained their peak level of $X per ton. From 2012 to 2017, growth of the export prices for vegetables stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Italy ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Vegetable Imports into Mexico

Vegetable imports into Mexico amounted to X tons in 2017, growing by X% against the previous year. Overall, vegetable imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. Over the period under review, the vegetable imports reached its peak figure volume of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, vegetable imports amounted to $X in 2017. In general, vegetable imports continue to indicate a relatively flat trend pattern. Over the period under review, the vegetable imports reached its maximum level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Vegetable Imports by Country into Mexico

In 2017, the U.S. (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Belgium (X tons), the UK (X tons) and France (X tons) represented the key importers of vegetables, together mixed up X% of total imports. Canada (X tons), Russia (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Spain (X tons) and Italy (X tons) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%), Malaysia (+X%), the Netherlands (+X%), Belgium (+X%), Germany (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France, Spain, the UK and Russia experienced a relatively flat trend pattern. From 2007 to 2017, the share of Belgium, the Netherlands and the U.S. decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports. France, Canada, the Netherlands, Russia, Belgium, Italy, Spain, the United Arab Emirates, Malaysia and Mexico lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in Mexico

The vegetable import price in Mexico stood at $X per ton in 2017, coming down by -X% against the previous year. In general, vegetable import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% y-o-y. Mexico import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform