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- (-) December 2023
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Mexico was the third largest agricultural export market for U.S. exporters in 2022, with total agricultural exports valued at nearly $28.5 billion. Mexico’s economy grew by 3.1 percent in 2022, returning to near pre-pandemic levels.
In market year (MY) 2023/24, total citrus production in Mexico is expected down slightly by 1.5 percent versus the previous year, driven primarily by a reduction in fresh lime production. While fresh orange production is projected up fractionally, increasingly erratic conditions such as prolonged drought and high temperatures affected the main producing regions in the current year and reduced harvest quality.
Post forecasts marketing year (MY) 2023/24 production at 0.92 million 480-lb bales, a 42 percent decline compared to MY 2022/23 due to higher input costs, drought conditions, power outages, and lack of access to new genetically engineered seed...
The following is part of a series of reports prepared by the Agricultural Trade Offices (ATOs) in Monterrey and Mexico City, to provide background on local and regional markets of interest for current and prospective exporters of U.S. food and...
Milk, cheese, and butter production in 2024 are forecast to increase due to relatively lower input and dairy ingredient prices and strong domestic demand. Mexico is forecast to remain a net importer of skim milk powder due to competitive...
On October 1, 2023, Phase II of Mexico’s Norma Oficial Mexicana (NOM)-051, front-of-pack labeling entered into force.
Post forecasts Mexico’s sugar production at 5.95 million metric tons raw value (MMT-RV) for marketing year (MY) 2023/24 (October 1 – September 30), 8 percent higher than in MY 2022/23 due to reduced fertilizer prices, but below MY 2021/22 production due to continued widespread drought.
As 2022 marked a return to normality after the COVID-19 pandemic, the Mexican foodservice industry began its recovery and, in many respects, exceeded pre-COVID levels of activity in the hospitality and foodservice.