In 2023, the fisheries production volume in Mexico stood at 1.8963 million metric tons. The forecasted data from 2024 to 2028 shows a consistent and steady increase in production volume year-on-year, starting at 1.9064 million metric tons in 2024 up to 1.9465 million metric tons in 2028. The projected year-on-year variations are:
- 2024 to 2025: 0.53%
- 2025 to 2026: 0.53%
- 2026 to 2027: 0.52%
- 2027 to 2028: 0.51%
Over the last two years (2022-2023), the production volume saw a higher volatility with a noticeable variation. The last CAGR, calculated from the past five years' data, provides an average annual growth rate of approximately 0.53%.
Future trends to watch for include potential impacts from environmental regulations, technological innovations in fishing practices, shifts in global demand, and climate change. Additionally, government policies and international trade agreements will play a crucial role in influencing the future production volumes in this sector.
