Mexican coffee stands out for its excellent flavor and high quality. The coffee market in Mexico was valued at approximately 2 billion in the financial year 2022 and is expected to grow at a steady rate for the next five years.
Coffee was first introduced in Mexico in the late 18th century as a response to the high production costs in international markets. Since the introduction of coffee, Mexico has depended on the cultivation of coffee securing its position as one of the top coffee producers in the world.
In 2023, an average Mexican generates revenue of approximately $8 and consumes on average half a kilo of coffee per year. In this article, we will look at the coffee market in Mexico.
Average revenue of coffee market in Mexico and future predictions (2018-2028)
Year Total Revenue in USD ($) 2018 1,000,000,000 2019 1,000,000,000 2020 1,000,000,000 2021 1,000,000,000 2022 1,000,000,000 2023 1,000,000,000 2024 1,000,000,000 2025 1,000,000,000 2026 1,000,000,000 2027 1,000,000,000 2028 1,000,000,000
Average revenue per capita of coffee in Mexico and future projections (2018-2028)
Year Total Revenue in USD ($) Instant coffee Roast coffee Total revenue per capita 2018 5.03 1.62 6.65 2019 5.34 1.76 7.10 2020 5.15 1.70 6.85 2021 5.67 1.94 7.61 2022 5.93 2.07 7.99 2023 6.33 2.19 8.52 2024 6.63 2.19 8.81 2025 6.86 2.29 9.14 2026 7.13 2.37 9.49 2027 7.40 2.45 9.85 2028 7.66 2.54 10.2
Average volume of coffee consumed in Mexico and future projections (2018-2028)
Year Volume in Kilograms Instant coffee Roast coffee Total volume 2018 41.1kg 16.6kg 57.7kg 2019 42.1kg 17.4kg 59.5kg 2020 44.2kg 18.3kg 62.5kg 2021 45.7kg 19.6kg 65.3kg 2022 47.0kg 20.6kg 67.5kg 2023 47.6kg 20.7kg 68.3kg 2024 48.5kg 20.1kg 68.5kg 2025 49.0kg 20.5kg 69.5kg 2026 49.8kg 20.8kg 70.6kg 2027 50.6kg 21.1kg 71.7kg 2028 51.4kg 21.4kg 72.8kg
Percentage volume change of coffee consumed in Mexico and future projections (2018-2028)
Year Volume in kilograms Instant coffee Roast coffee Total volume per capita 2018 – – – 2019 2.4% 5.1% 3.2% 2020 5.1% 4.8% 5.0% 2021 3.3% 7.3% 4.5% 2022 2.8% 4.9% 3.5% 2023 1.5% 0.4% 1.1% 2024 1.7% -2.9% 0.3% 2025 1.1% 2.3% 1.4% 2026 1.7% 1.3% 1.6% 2027 1.6% 1.4% 1.5% 2028 1.6% 1.4% 1.5%
Average volume of coffee consumed per capita in Mexico and future projections (2018-2028)
Year Total Revenue in USD ($) Instant coffee Roast coffee Total revenue per capita 2018 0.33kg 0.13kg 0.46kg 2019 0.33kg 0.14kg 0.47kg 2020 0.34kg 0.14kg 0.48kg 2021 0.35kg 0.15kg 0.50kg 2022 0.36kg 0.16kg 0.51kg 2023 0.36kg 0.16kg 0.51kg 2024 0.36kg 0.15kg 0.51kg 2025 0.36kg 0.15kg 0.51kg 2026 0.37kg 0.15kg 0.52kg 2027 0.37kg 0.15kg 0.52kg 2028 0.37kg 0.15kg 0.52kg
Top 5 coffee Mexican export market destinations
Country Percentage share of Mexican coffee exports United States 62.7% Belgium 6.16% Italy 5.52% Germany 4.53% Switzerland 4.46%
Top 5 Mexican coffee import market sources
Country Percentage share of Mexican coffee imports Brazil 45.9% United States 16.1% Colombia 8.42% Switzerland 8.08% Honduras 4.24%
Mexican fastest growing coffee export market destinations
Country Market size Brazil 14.4 million Columbia 7.88 million Switzerland 5.1 million