Earlier Report Observations
From 2018 to 2022, the market volume for palm nuts and kernels in Mexico expanded significantly from 984 thousand tons to 1 719 thousand tons. This growth was initially fueled by a tripling of pecan nut planting area to 112,000 hectares in northern states, a direct response to rising demand from Asian markets. Mexico's consolidation as the world's leading pecan producer, capturing 52% of global supply, provided a stable foundation for increased output through this period.
After a modest increase to 1 601 thousand tons in 2021, the market rose again in 2022. However, it contracted to 1 393 thousand tons in 2023, primarily due to a reported drop in demand for almonds in a key export market, which led to lower average prices and reduced production incentives. Looking at 2024, broader market trends show the Mexican dried fruits and nuts sector growing in value, supported by changing urban lifestyles and increased online sales.
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, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 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, K 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, K 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, K 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, kg
- 6.1.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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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, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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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, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2024, $ 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, kg
- 6.2.2.1. Annual dynamics of product's imports to Mexico in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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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, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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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, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production palm nuts and kernels in Mexico
In kind, 2017-2020, K t
From 2017 to 2020, Mexico ranked 15th globally in palm nuts and kernels production volume.
Top producers of palm nuts and kernels, 2017-2020
World map of production of palm nuts and kernels, 2017-2020
Mexico's palm nuts and kernels production grew for the third consecutive year. In 2020, the country produced 1 571 K t, a sharp increase of 31.6% compared to 2019. Between 2017 and 2020, production rose by 79.9%, equivalent to an annualized growth rate of 21.6%.
Annual dynamics of production in Mexico in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.6% | 21.4% | 31.6% | 21.6% |
Exports palm nuts and kernels from Mexico
Exports in kind, kg
Annual dynamics of product's exports from Mexico in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Structure of product's exports in kind by countries, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Mexico in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Mexico's exports in value terms were heavily concentrated on the United States, which accounted for 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Mexico in value, 2017-2020
Imports palm nuts and kernels to Mexico
Imports in kind, kg
In 2018, Mexico's palm nuts and kernels imports reached 338 813.09 kg, an abrupt increase of 127.0% compared to 2017.
Annual dynamics of product's imports to Mexico in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 127.0% | n/a | n/a | - |
Structure of product's imports in kind by countries, 2017-2020
Imports in value, K $ US
In 2018, Mexico's palm nuts and kernels imports from abroad amounted to 736.6 K $ US, which is 38.1% higher than in 2017.
Annual dynamics of product's imports to Mexico in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.1% | n/a | n/a | - |
From 2017 to 2020, Costa Rica and Colombia were the main suppliers of palm nuts and kernels to Mexico, together accounting for 100.0% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Mexico in value, 2017-2020
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