Market research

Beef and buffalo meat market in Mexico

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

From 2018 to 2019, the Mexican beef and buffalo meat market stabilized around 1 900 thousand tons. High production costs and elevated prices limited consumption among lower-income segments, while increased exports contributed to a trade surplus, slightly reducing domestic availability.

The COVID-19 pandemic in 2020 caused market imbalances, including reduced consumer incomes and a shift toward cheaper substitutes, restraining consumption growth. However, by 2021, the recovery of domestic demand after the reopening of restaurants and tourism, combined with lower exports due to weak external demand, pushed market volume up to 1 952 thousand tons.

In 2022 and 2023, market volume continued to grow, reaching 2 068 thousand tons in 2023. This was driven by rising imports to cover domestic demand and reduced exports amid intensified international competition, particularly from the United States and Japan. Regulatory factors such as TIF certification for slaughterhouses remained crucial for export access, while the Federal Economic Competition Commission (COFECE) initiated a market study to assess competitive conditions.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mexico
  1. 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Mexico in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production beef and buffalo meat in Mexico

In kind, 2018-2021, K t

From 2018 to 2021, Mexico maintained the 8th position globally in terms of beef and buffalo meat production volume.

Top producers of beef and buffalo meat, 2018-2021

Source: SHEV.io

World map of production of beef and buffalo meat, 2018-2021

Source: SHEV.io

Beef and buffalo meat production in Mexico grew for the third consecutive year. In 2021, Mexico produced 2 131 K t of beef and buffalo meat, marking a slight increase of 2.4% compared to the previous year. Over the 2018-2021 period, production rose by 7.6%, with a compound annual growth rate (CAGR) of 2.5%.

Annual dynamics of production in Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.4%	2.6%	2.4%	2.5%

Source: SHEV.io

Exports beef and buffalo meat from Mexico

Exports in kind, K t

After a two-year increase, Mexico's foreign beef and buffalo meat exports declined. In 2021, Mexico exported 268.3 K t of beef and buffalo meat, representing a gradual decrease of 3.2% from the previous year. Over the 2018-2021 period, exports grew by 49.4%, with a CAGR of 14.3%. The largest increase occurred in 2019 at 41.7%, while the peak export volume was recorded in 2020 at 277.2 K t.

Annual dynamics of product's exports from Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	41.7%	9.0%	(3.2%)	14.3%

Source: SHEV.io

Between 2018 and 2021, nearly all of Mexico's beef and buffalo meat exports in kind were directed to the United States, which accounted for 92.7% of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Beef and buffalo meat exports from Mexico increased for the third consecutive year. In 2021, exports reached 1 939 M $ US, showing a gain of 26.5% compared to 2020. From 2018 to 2021, exports rose by 80.5%, equating to an annualized rate of 21.8%.

Annual dynamics of product's exports from Mexico in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	22.5%	16.4%	26.5%	21.8%

Source: SHEV.io

From 2018 to 2021, the country structure of exports in value terms was highly concentrated, with the United States alone making up 93.8% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Mexico in value, 2018-2021

Source: SHEV.io

Imports beef and buffalo meat to Mexico

Imports in kind, K t

In 2021, Mexico's foreign beef and buffalo meat imports stood at 90.1 K t, up by 10.0% compared to 2020. Over the 2018-2021 period, imports decreased by 8.4%, with an annualized rate of -2.9%. The lowest import volume was in 2020 at 81.9 K t, while the highest was in 2019 at 100.3 K t. The largest decline occurred in 2020, dropping by 18.3%.

Annual dynamics of product's imports to Mexico in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.0%	(18.3%)	10.0%	(2.9%)

Source: SHEV.io

Between 2018 and 2021, the United States and Canada formed a highly concentrated pair of markets for Mexico's beef and buffalo meat imports in kind, together accounting for 99.7% of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

In 2021, Mexico's beef and buffalo meat imports totaled 792 M $ US, showing a significant gain of 23.1% compared to 2020. The lowest value was recorded in 2020 at 643 M $ US, while the highest was in 2019 at 805 M $ US. The largest decline occurred in 2020, falling by 20.1%.

Annual dynamics of product's imports to Mexico in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.0%	(20.1%)	23.1%	0.1%

Source: SHEV.io

From 2018 to 2021, the two leading destinations for Mexico's beef and buffalo meat imports in value terms were the United States and Canada, which together accounted for 99.7% of total flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Mexico in value, 2018-2021

Source: SHEV.io