Petfood Industry - May 2019 - 24

24 | www.PetfoodIndustry.com

Is pet food production
signaling recession in
Mexico?
The Mexican dry pet food market declined in 2018 for the first time
in four years.
IVÁN FRANCO

The National Statistics Institute of Mexico (INEGI) recently published its dog
food production figures for December 2018. According to the institute, dry dog food
volume production fell -6.6% in 2018, compared with 2017 levels, while production
values fell -5.0% in the same year. Comparatively, in the 2013-18 historic period,
cumulative average growth rate reached 4% in volume terms and 5.3% in current
value terms.
The last year the industry experienced negative growth was in 2014.
At that time, sluggishness was attributable to the new 16% valueadded tax levied on pet food products; however, dog food volume
production dropped just -0.5% in that year. The tax did not
hinder the industry significantly despite the burden imposed
directly on manufacturers.

Two reasons within the pet food industry
Why did Mexican pet food production experience such a
sharp decline in 2018?
It is valid to suggest that economic uncertainty arising from the presidential
elections in July and the subsequent transition period affected
manufacturers' expectations for the economy.
However, the right
answer is within
the industry and
has a two-fold
approach.
First, the
market is
maturing in
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May 2019

Industry


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Petfood Industry - May 2019

Table of Contents for the Digital Edition of Petfood Industry - May 2019

Petfood Industry - May 2019
Contents
Pet food M&A reaches throughout the supply chain
Speaking of…
Top 50 companies in 2019
Latin America pet food ingredient use: local vs. imported
Is pet food production signaling recession in Mexico?
Brazil pet food market likely to maintain positive growth
Venezuela’s crisis is worsening pets’ nutrition
Argentina: pet-loving market dealing with poor economy
Guide to Petfood Forum Europe 2019
Independent Conclusions of GRAS: Will AAFCO allow?
Synthetic preservatives in my pet’s food —no thanks!
Pet market trends: signals from pet services
New Products
Marketplace
Advertiser’s Index May
Petfood Industry - May 2019 - BB1
Petfood Industry - May 2019 - BB2
Petfood Industry - May 2019 - Petfood Industry - May 2019
Petfood Industry - May 2019 - Cover2
Petfood Industry - May 2019 - 1
Petfood Industry - May 2019 - Contents
Petfood Industry - May 2019 - 3
Petfood Industry - May 2019 - Pet food M&A reaches throughout the supply chain
Petfood Industry - May 2019 - 5
Petfood Industry - May 2019 - Speaking of…
Petfood Industry - May 2019 - 7
Petfood Industry - May 2019 - 8
Petfood Industry - May 2019 - 9
Petfood Industry - May 2019 - Top 50 companies in 2019
Petfood Industry - May 2019 - 11
Petfood Industry - May 2019 - 12
Petfood Industry - May 2019 - 13
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Petfood Industry - May 2019 - 15
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Petfood Industry - May 2019 - 17
Petfood Industry - May 2019 - 18
Petfood Industry - May 2019 - 19
Petfood Industry - May 2019 - Latin America pet food ingredient use: local vs. imported
Petfood Industry - May 2019 - 21
Petfood Industry - May 2019 - 22
Petfood Industry - May 2019 - 23
Petfood Industry - May 2019 - Is pet food production signaling recession in Mexico?
Petfood Industry - May 2019 - 25
Petfood Industry - May 2019 - Brazil pet food market likely to maintain positive growth
Petfood Industry - May 2019 - 27
Petfood Industry - May 2019 - Venezuela’s crisis is worsening pets’ nutrition
Petfood Industry - May 2019 - 29
Petfood Industry - May 2019 - 30
Petfood Industry - May 2019 - 31
Petfood Industry - May 2019 - 32
Petfood Industry - May 2019 - 33
Petfood Industry - May 2019 - Argentina: pet-loving market dealing with poor economy
Petfood Industry - May 2019 - 35
Petfood Industry - May 2019 - 36
Petfood Industry - May 2019 - 37
Petfood Industry - May 2019 - Guide to Petfood Forum Europe 2019
Petfood Industry - May 2019 - 39
Petfood Industry - May 2019 - 40
Petfood Industry - May 2019 - 41
Petfood Industry - May 2019 - Independent Conclusions of GRAS: Will AAFCO allow?
Petfood Industry - May 2019 - 43
Petfood Industry - May 2019 - 44
Petfood Industry - May 2019 - 45
Petfood Industry - May 2019 - Synthetic preservatives in my pet’s food —no thanks!
Petfood Industry - May 2019 - 47
Petfood Industry - May 2019 - 48
Petfood Industry - May 2019 - 49
Petfood Industry - May 2019 - Pet market trends: signals from pet services
Petfood Industry - May 2019 - 51
Petfood Industry - May 2019 - 52
Petfood Industry - May 2019 - New Products
Petfood Industry - May 2019 - 54
Petfood Industry - May 2019 - 55
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Petfood Industry - May 2019 - Marketplace
Petfood Industry - May 2019 - 63
Petfood Industry - May 2019 - Advertiser’s Index May
Petfood Industry - May 2019 - Cover3
Petfood Industry - May 2019 - Cover4
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