Dried shelled beans market in Mexico

Earlier Report Observations

The Mexican dried shelled bean market volume fluctuated significantly between 2018 and 2020, starting at 1 279 thousand tons in 2018. It dropped to 953 thousand tons in 2019, primarily due to adverse climatic conditions such as lack of moisture and rising input costs that threatened planting in key states like Durango and Zacatecas, coupled with price volatility. The market recovered to 1 133 thousand tons in 2020, supported by a global increase in demand for plant-based proteins and health-conscious diets, despite ongoing climate-related production challenges and supply chain uncertainties from the COVID-19 pandemic.

Market volume continued to grow, reaching a peak of 1 432 thousand tons in 2021. This expansion was driven by increased domestic production of black beans and sustained consumer preference for plant proteins, alongside stable prices throughout the year. However, the market contracted to 1 009 thousand tons in 2022 and further to 979 thousand tons in 2023. This decline was influenced by persistent climatic factors, including heatwaves and droughts, which impacted pod formation and drying, reducing overall yields.

Production dried shelled beans in Mexico

In kind, 2018-2021, K t

From 2018 to 2021, Mexico ranked 9th globally in the production of dried shelled beans.

Top producers of dried shelled beans, 2018-2021

World map of production of dried shelled beans, 2018-2021

Mexico's production of dried shelled beans grew for the second year in a row. In 2021, the country produced 1 289 K t, marking a 22.0% increase compared to the previous year. Over the 2018-2021 period, production rose by 7.7%, with an average annual growth rate of 2.5%. The lowest production level was in 2019 at 879 K t, which also saw the largest decline of 26.5%.

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

In value, 2018-2021, M $ US

Mexico's dried shelled beans production value increased for the second consecutive year. In 2021, the output was valued at 1 846 M $ US, up 51.3% from the year before. Between 2018 and 2021, production value grew by 34.4%, translating to an annualized rate of 10.3%. The lowest value was recorded in 2019 at 943 M $ US, with the largest drop of 31.3% occurring that same year.

Annual dynamics of production in Mexico in value, 2018-2021, M $ US

Exports dried shelled beans from Mexico

Exports in kind, K t

In 2021, Mexico's dried shelled beans export volume reached 22.7 K t, a 37.0% decrease year-over-year. From 2018 to 2021, exports fell by 45.6%, averaging an 18.4% annual decline. The largest drop was in 2019 at 42.1%, while the biggest increase occurred in 2020 with a 49.3% rise.

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

Between 2018 and 2021, the United States and Venezuela were the primary destinations for Mexico's dried shelled bean exports in volume, together accounting for 87.8% of total flows, with the remaining share distributed among other markets.

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

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

Exports in value, M $ US

Mexico exported 32.5 M $ US worth of dried shelled beans in 2021, showing a significant decline of 21.9% from 2020. Over the 2018-2021 period, exports decreased by 32.2%, with an annualized rate of 12.1%. The lowest value was in 2019 at 25.9 M $ US, which also experienced the largest decline of 45.9%. In contrast, 2020 saw the biggest increase at 60.8%.

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

From 2018 to 2021, the United States and Venezuela together accounted for 88.1% of the total value of dried shelled bean exports from Mexico, with the rest spread across smaller markets.

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

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

Imports dried shelled beans to Mexico

Imports in kind, K t

Mexico's imports of dried shelled beans grew for the second year in a row. In 2021, imports totaled 166.3 K t, a 47.4% increase compared to the previous year. Between 2018 and 2021, imports rose by 33.4%, with an average annual growth rate of 10.1%. The lowest volume was in 2019 at 97.5 K t, which also saw the largest decline of 21.7%.

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

Over the 2018-2021 period, Mexico's reliance on the United States was notable, as this market supplied 92.1% of total dried shelled bean imports in volume.

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

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

Imports in value, M $ US

Mexico's dried shelled bean import value increased for the second consecutive year. In 2021, imports stood at 166.3 M $ US, up 24.1% from 2020. From 2018 to 2021, import value grew by 19.8%, equating to an annualized rate of 6.2%. The lowest value was recorded in 2019 at 103.9 M $ US, with the largest drop of 25.2% that year. The biggest increase occurred in 2020 at 29.1%.

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

Between 2018 and 2021, the United States served as the main source for dried shelled bean imports to Mexico, consistently making up 91.7% of total import value.

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

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