Mexico: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Mexico

The Mexican homogenised jam and marmalade market surged to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Mexico

In value terms, homogenised jam and marmalade production fell to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Mexico

In 2022, shipments abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by X% to X tons, falling for the fourth year in a row after seven years of growth. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, homogenised jam and marmalade exports dropped significantly to $X in 2022. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for homogenised jam and marmalade exports from Mexico, with a X% share of total exports. Moreover, homogenised jam and marmalade exports to Canada exceeded the volume sent to the second major destination, Belize (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%.

In value terms, Canada ($X) emerged as the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Belize ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%.

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, jumping by X% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Mexico

In 2022, approx. X tons of homogenised preparations of jams, fruit jellies and marmalades were imported into Mexico; with a decrease of X% on the previous year. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, homogenised jam and marmalade imports contracted notably to $X in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), Greece (X tons) and Spain (X tons) were the main suppliers of homogenised jam and marmalade imports to Mexico, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Greece ($X) constituted the largest homogenised jam and marmalade suppliers to Mexico, together comprising X% of total imports.

In terms of the main suppliers, Greece, with a CAGR of X%, 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 homogenised jam and marmalade import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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