Mexico - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Mexico - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Fruit Price in Mexico - 2023

Contents:

  1. Frozen Fruit Price in Mexico (FOB) - 2023
  2. Frozen Fruit Price in Mexico (CIF) - 2023
  3. Frozen Fruit Exports in Mexico
  4. Frozen Fruit Imports in Mexico

Frozen Fruit Price in Mexico (FOB) - 2023

In June 2023, the average frozen fruit export price amounted to $2,358 per ton, rising by 12% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 14% month-to-month. As a result, the export price reached the peak level of $2,705 per ton. From November 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In June 2023, the country with the highest price was Canada ($2,378 per ton), while the average price for exports to the United States amounted to $2,356 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.1%).

Frozen Fruit Price in Mexico (CIF) - 2023

The average frozen fruit import price stood at $3,443 per ton in June 2023, remaining relatively unchanged against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 54% m-o-m. Over the period under review, average import prices hit record highs at $5,414 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($4,810 per ton), while the price for China ($1,674 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Chile (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Fruit Exports in Mexico

After three years of growth, overseas shipments of frozen fruits decreased by -8.2% to 166K tons in 2022. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 180K tons, and then contracted in the following year.

In value terms, frozen fruit exports totaled $415M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Frozen Fruit in Mexico (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States22327632620.9%
Canada29.027.734.99.7%
Others2.71.54.123.2%
Total25530536519.6%

Top Export Markets for Frozen Fruit from Mexico in 2022:

  1. United States (162.6K tons)
  2. Canada (15.6K tons)

Frozen Fruit Imports in Mexico

In 2022, purchases abroad of frozen fruits was finally on the rise to reach 4.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt setback.

In value terms, frozen fruit imports soared to $15M in 2022. Over the period under review, imports, however, continue to indicate a deep setback.

Import of Frozen Fruit in Mexico (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States13.214.110.0-13.0%
China2.62.81.1-35.0%
CanadaN/A1.80.4-77.8%
Chile0.92.80.4-33.3%
Peru5.7N/A0.2-81.3%
Costa Rica0.41.40.2-29.3%
Others-1.8-6.5N/A261.1%
Total20.916.412.3-23.3%

Top Suppliers of Frozen Fruit to Mexico in 2022:

  1. United States (2939.1 tons)
  2. China (745.8 tons)
  3. Chile (139.6 tons)
  4. Costa Rica (100.6 tons)
  5. Peru (98.4 tons)
  6. Canada (98.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen fruit 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 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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