Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (CIF) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (CIF) - 2023
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,507 per ton in December 2023, with a decrease of -86.2% against the previous month. Overall, the import price saw a precipitous curtailment. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 581% month-to-month. Over the period under review, average import prices reached the maximum at $22,874 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($2,198 per ton), while the price for Italy ($1,320 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Chile (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (FOB) - 2022
In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $752 per ton, approximately reflecting the previous year. In general, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 5.4%. The export price peaked at $878 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.4% per year.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico
In 2022, supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid was finally on the rise to reach 67K tons after two years of decline. Overall, imports, however, saw a perceptible setback.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $124M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.9 | 62.7 | 72.0 | 92.8 | 22.2% |
| Chile | 14.4 | 6.5 | 7.0 | 26.8 | 23.0% |
| Italy | 2.2 | 2.0 | 2.8 | 4.4 | 26.0% |
| Others | 0.4 | 0.4 | 0.2 | 0.3 | -9.1% |
| Total | 68.0 | 71.7 | 82.1 | 124 | 22.2% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Mexico in 2022:
- United States (49.1K tons)
- Chile (15.7K tons)
- Italy (2.5K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico
In 2022, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from Mexico surged to 42K tons, jumping by 71% against 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $31M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +70.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.2 | 16.8 | 17.9 | 30.5 | 18.8% |
| Others | 1.2 | 1.6 | 0.8 | 0.9 | -9.1% |
| Total | 19.3 | 18.4 | 18.7 | 31.4 | 17.6% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Mexico in 2022:
- United States (40.7K tons)
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