Data (Thousand Metric Tons):
- 2024: 102.57
- 2025: 105.18
- 2026: 107.74
- 2027: 110.25
- 2028: 112.7
Year-on-Year Variation (%):
- 2025 vs. 2024: 2.54%
- 2026 vs. 2025: 2.44%
- 2027 vs. 2026: 2.33%
- 2028 vs. 2027: 2.22%
CAGR (2024-2028): 2.38%
Over the next five years, the demand for cocoa beans in Mexico is expected to experience a steady increase with an average annual growth rate (CAGR) of 2.38%. Future trends to watch include potential impacts from climate change on cocoa production, shifts in consumer preferences towards more sustainable and ethically sourced cocoa, and economic factors such as disposable income levels which could affect the overall demand in the market.
