Price for Cereals; Millet, Other than Seed in Mexico - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in Mexico (CIF) - 2023
  2. Imports of Cereals; Millet, Other than Seed in Mexico

Price for Cereals; Millet, Other than Seed in Mexico (CIF) - 2023

The average import price for cereals; millet, other than seeds stood at $677 per ton in June 2023, approximately reflecting the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked in June 2023.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.

Imports of Cereals; Millet, Other than Seed in Mexico

After three years of growth, purchases abroad of cereals; millet, other than seeds decreased by -96% to 296 tons in 2022. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 315% against the previous year. As a result, imports reached the peak of 7.4K tons, and then fell markedly in the following year.

In value terms, cereals; millet, other than seed imports shrank dramatically to $192K in 2022. Overall, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 296% against the previous year. As a result, imports reached the peak of $3.9M, and then contracted significantly in the following year.

Import of Cereals; Millet, Other than Seed in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4926732,039192-26.9%
Canada2673141,866N/A164.4%
OthersN/AN/AN/AN/A0%
Total7599863,905192-36.8%

Top Suppliers of Cereals; Millet, Other than Seed to Mexico in 2022:

  1. United States (295.8 tons)

Source: IndexBox Market Intelligence Platform

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