Key Market Indicators
Mexico's butter consumption is set to reach 44,000 metric tons by 2026, falling by 0.5% annually compared to 2021. Since 2017, the country's demand has risen 3.2% each year. In 2021, Mexico ranked 25th in the world, with Saudi Arabia overtaking it at 45,000 metric tons. Germany, France, and Russia took the second, third, and fourth spots, respectively. Mexico's butter production is on track to reach 24,000 metric tons by 2026, growing 0.6% annually compared to 2021. Since 1966, the country's supply has increased 0.8% each year. In 2021, Mexico placed 35th in the world, with Argentina overtaking it at 23,140 metric tons. New Zealand, Germany, and France held the second, third, and fourth spots, respectively.