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Mexican pork imports maintain growth rate

In addition to the United States, Chile and Brazil stand out among the main suppliers with a share of more than 15% of the total.

18 September 2023
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Imports

  • Cumulative pork imports from January to July totaled 901,570 tons (t), an increase of 3.5% over the same period in 2022.
  • Their total value reached USD 1799.8 million, resulting in an implicit price of USD 1996/t, an increase of 8.0% compared to the average for the same period of the previous year (USD 1848/t).
  • Demand from the processing industry remains strong and drives imports, despite rising prices.
  • Approximately 10.5% of total imports in the period came from Chile and 5.3% from Brazil, while the remaining 84% were mostly U.S. products.

Exports

  • The volume of exports during the January-July period fell by 14.0% compared to the same period of the previous year, from 143,679 to 123,568 metric tons.
  • The value of these (USD 484.3 million) decreased by 15.7% and the average export price was USD 3920/ton.
  • The low sales of pork to the Chinese market could explain these results.

333 Latin America with data from the Agricultural Market Advisory Group Service (GCMA).
https://gcma.com.mx/

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