The irrigation area in Mexico has shown a fluctuating trend over the past decade, with some years experiencing growth and others slight declines. As of 2023, the irrigation area stood at 6.0902 million hectares. Year-on-year variations over the previous two years were 1.34% in 2022 and 0.38% in 2023. The compound annual growth rate (CAGR) over the last five years up to 2023 was -0.27%, indicating a slight overall decline.
Future trends to watch for over the forecast period from 2024 to 2028 include a modest average annual growth rate (CAGR) of 0.29% and a total growth rate of 1.46%. This suggests that while growth is expected, it will be relatively slow and steady. Factors such as advancements in irrigation technology, government policies on water usage, and climate change impacts should be closely monitored.
