Key Market Indicators
Mexican consumption of peppers is predicted to drop slightly in the next five years, from 68,000 metric tons in 2021 to 67,000 metric tons in 2026. Since 2017, demand has decreased by 0.5% each year on average. Production of peppers in Mexico is expected to increase over the same period, rising from 3.5 million metric tons in 2021 to nearly 4 million metric tons in 2026. Since 1966, the country's supply has grown by an average of 5% each year. In 2021, Mexico came in second place behind China, which produced 3.5 million metric tons. Indonesia and Spain followed in third and fourth place respectively.