Mexico: Pork imports continue to grow despite price increases

Published 2022년 11월 14일

Tridge summary

The report by GCMA reveals a mixed scenario for the Mexican pork market in the first nine months of the year, with export volumes seeing an 11.3% decline to 177,400 tons, despite a 4.9% increase in export price leading to a 7% decrease in export value. On the other hand, pork imports surged by 10.8% to a record 1,051,450 tons, driven by a higher average price of USD 2000/t, indicating a shift in pork market dynamics in Mexico.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Preliminary international trade figures published by GCMA indicate that the cumulative volume of pork exports through September decreased by 11.3% compared to the same period of the previous year, going from 200,020 to 177,400 tons (t). However, the value of these exports (USD 720,198 thousand) decreased by only 7% thanks to the 4.9% increase in the export price, which stood at USD 4060/t. Imports reached 1,051,450 t in the period under analysis, an increase of 10.8% compared to the same period in 2021 (949,091 t). Imports reached a new record level ...
Source: Pig 333

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.