How much does agave cost per kilo?

To put things in perspective, the prices of agave in years of abundance can be around 2 pesos per kilo. On the other hand, in times of high demand and few harvest-ready plants available on the market, prices go up to 25 pesos/kilo. Right now, we’re just coming out of a particularly rough period.

How much does agave cost in 2022?

“I’m not surprised it’s gone down, but [it’s dropped] so fast and dramatically,” says Sophie Decobecq, founder and maker of Calle 23. “In November 2022 we were at the highest price ever seen – 34 pesos (US$1.97) per kilo of agave. That is a huge amount of money. Agave growers had to have guards in the fields not to have them stolen every night.

Are agave tequila prices falling in Mexico?

Agave prices in Mexico are set to continue falling in the coming years and could lead to more affordable 100% agave Tequila brands joining the market. IWSR Drinks Market Analysis noted that agave prices hit a record MXN$32 (US$2) per kg 18 months ago, but by February this year, prices fell to MXN$5 (US$0.30) per kg.