Mexico - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Price in Mexico - 2023
Contents:
- Soft Drink Price in Mexico (FOB) - 2023
- Soft Drink Price in Mexico (CIF) - 2023
- Soft Drink Exports in Mexico
- Soft Drink Imports in Mexico
Soft Drink Price in Mexico (FOB) - 2023
The average soft drink export price stood at $1.0 per litre in August 2023, surging by 5.2% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 an increase of 14% m-o-m. Over the period under review, the average export prices reached the maximum in August 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for Colombia amounted to +3.1% per month.
Soft Drink Price in Mexico (CIF) - 2023
The average soft drink import price stood at $1.3 per litre in August 2023, reducing by -6% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 33% month-to-month. As a result, import price reached the peak level of $1.8 per litre. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
Soft Drink Exports in Mexico
In 2022, shipments abroad of soft drinks decreased by -8.5% to 914M litres for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of 999M litres, and then fell in the following year.
In value terms, soft drink exports expanded notably to $655M in 2022. The total export value increased at an average annual rate of +11.7% over the period 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 2020 when exports increased by 17%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Soft Drink in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 431 | 490 | 522 | 569 | 9.7% |
| Guatemala | N/A | 14.0 | 10.6 | 24.1 | 31.2% |
| Colombia | N/A | N/A | 14.0 | 22.9 | 63.6% |
| Chile | 18.2 | 13.3 | 9.6 | 2.8 | -46.4% |
| Others | 19.9 | 29.3 | 31.6 | 36.0 | 21.8% |
| Total | 469 | 547 | 588 | 655 | 11.8% |
Top Export Markets for Soft Drink from Mexico in 2022:
- United States (818.8M litres)
- Colombia (28.5M litres)
- Guatemala (28.1M litres)
- Chile (3.1M litres)
Soft Drink Imports in Mexico
For the third consecutive year, Mexico recorded decline in supplies from abroad of soft drinks, which decreased by -20.6% to 93M litres in 2022. In general, imports showed a significant decline. The smallest decline of -16.9% was in 2021. Over the period under review, imports reached the maximum at 205M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, soft drink imports shrank to $116M in 2022. Overall, imports saw a deep setback. The smallest decline of -8.7% was in 2021. Over the period under review, imports hit record highs at $161M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Soft Drink in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 143 | 128 | 123 | 113 | -7.5% |
| Canada | 3.8 | 3.7 | 1.1 | 0.1 | -70.3% |
| Others | 14.0 | 9.7 | 5.4 | 3.7 | -35.8% |
| Total | 161 | 142 | 129 | 116 | -10.4% |
Top Suppliers of Soft Drink to Mexico in 2022:
- Canada (undefinedM litres)
- United States (90.1M litres)
This report provides an in-depth analysis of the soft drink 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 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the soft drink market in Mexico.
370
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Mexico.
498
This report provides an in-depth analysis of the sugary soft drink market in Mexico.
4275
This report provides an in-depth analysis of the global soft drink market.
630
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
603
This report provides an in-depth analysis of the global sugary soft drink market.
1176
This report provides an in-depth analysis of the soft drink market in Mexico.
370
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Mexico.
498
This report provides an in-depth analysis of the sugary soft drink market in Mexico.
4275
This report provides an in-depth analysis of the global soft drink market.
168
Soft drink exports reached a record high of 92 million litres in October 2022, but experienced a slight decrease from November 2022 to October 2023. In terms of value, exports of soft drinks surged to $54 million in October 2023.
210
Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
340
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
861
In value terms, fruit juices imports totaled $X in 2016. Overall, fruit juices imports continue to indicate a relatively flat trend pattern. In that year, global fruit juices imports attained its ma...
805
In value terms, fruit juices exports amounted to $X in 2016. Overall, fruit juices exports continue to indicate a relatively flat trend pattern. In that year, global fruit juices exports reached its...
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In 2016, the amount of soft drink imported worldwide totaled X tons, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from ...
925
In 2016, the amount of soft drink imported worldwide totaled X tons, declining by -X% against the previous year figure. The total import volume increased at an average annual rate of +X% from ...
168
Soft drink exports reached a record high of 92 million litres in October 2022, but experienced a slight decrease from November 2022 to October 2023. In terms of value, exports of soft drinks surged to $54 million in October 2023.
210
Discover the top import markets for soft drinks and key statistics on global import values. Explore the opportunities in the soft drink industry.
340
From the shift towards healthier lifestyles to the rise of functional beverages, read on to discover the latest consumer trends shaping the carbonated soft drinks market. We'll also dive into the key findings of the IndexBox market report and provide a list of the top companies and brands in the industry.
