Earlier Report Observations
The Mexican market for not defatted cocoa paste experienced notable fluctuations between 2018 and 2023. It expanded from 52 469 t in 2018 to 59 822 t in 2019, but then contracted sharply to 22 065 t in 2020.
A recovery followed, with market volume reaching 42 400 t in 2022 before a slight decline to 38 465 t in 2023. Throughout the period, the market remained influenced by global cocoa supply conditions, with production concentrated in countries like Côte d'Ivoire and Ghana affecting international availability and prices.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Mexico
- 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Mexico in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Mexico
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Mexico in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production not defatted cocoa paste in Mexico
In kind, 2018-2021, t
Globally, Mexico ranked as the 19th largest producer of not defatted cocoa paste from 2018 to 2021.
Top producers of not defatted cocoa paste, 2018-2021
World map of production of not defatted cocoa paste, 2018-2021
In 2021, Mexico produced 34 912 tonnes of not defatted cocoa paste, representing a dramatic 58.2% increase compared to the previous year. Over the 2018-2021 period, production decreased by 33.5%, with a compound annual growth rate of -12.7%. The lowest production level was recorded in 2020 at 22 065 tonnes, while the peak occurred in 2019 with 59 745 tonnes. The most significant decline took place in 2020, when production fell by 63.1%.
Annual dynamics of production in Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.9% | (63.1%) | 58.2% | (12.7%) |
Exports not defatted cocoa paste from Mexico
Exports in kind, t
Annual dynamics of product's exports from Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2018 to 2021, Mexico's exports of not defatted cocoa paste were almost entirely directed to the United States, which accounted for 100.0% of total exports in volume terms.
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, K $ US
Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2018-2021 period, Mexico's exports of not defatted cocoa paste in value terms were almost completely concentrated in the United States, with a share reaching 100.0%.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Mexico in value, 2018-2021
Imports not defatted cocoa paste to Mexico
Imports in kind, t
The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2018 and peaked in 2019, with a 25-fold difference between these years. In 2021, Mexico imported 24.8 tonnes of not defatted cocoa paste, reflecting an abrupt increase of 2 447.3% compared to the previous year.
Annual dynamics of product's imports to Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 447.3% | n/a | n/a | 101.8% |
Throughout 2018-2021, the United States remained the dominant and nearly exclusive source for Mexico's imports of not defatted cocoa paste in volume terms, accounting for 96.4% of total imports.
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, K $ US
Volatility characterized the market behavior during these years. Import values reached their low in 2018 and their high in 2019, varying by 27 times between these extremes. In 2021, Mexico's imports of not defatted cocoa paste reached 144.4 thousand US dollars, constituting a steep rise of 2 561.9% relative to the prior year.
Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 561.9% | n/a | n/a | 142.5% |
From 2018 to 2021, the geographical pattern of imports in value terms reflected a strong dependence on the United States, which absorbed 97.0% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Mexico in value, 2018-2021
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