Garlic production in Mexico stood at 96.18 thousand metric tons in 2023. Reviewing the historical data reveals significant growth periods, such as the substantial increase of 29.32% in 2016 and an 18.23% rise in 2017. More recent years have shown more modest but steady increases, with year-on-year variations of 2.53% in 2022 and 2.41% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) is 2.79%, indicating moderate growth.
Looking forward, forecasted data predicts a continuation of this trend, with the production expected to reach 106.94 thousand metric tons by 2028. This reflects a forecasted 5-year CAGR of 1.69% and an overall long-term growth rate of 8.73% from 2023 to 2028.
Future trends to watch for:
- Technological advancements in agriculture which could impact yield efficiency.
- Climate change effects on growing conditions and seasonal variability.
- Market demand fluctuations influenced by global trade policies and health trends favoring garlic consumption.