In 2023, Mexico's table grapes commercial production stood at 360.27 thousand metric tons, showing a 4.12% year-on-year increase. Over the past decade, production has experienced fluctuating trends, with notable rises and falls. However, the recent 5-year CAGR stands at 5.17%, indicating moderate average annual growth.
Future trends to watch for:
- The forecasted 5-year CAGR from 2023 to 2028 is 1.43%, suggesting a slower growth pace compared to the past.
- The total forecasted growth rate over this period is 7.37%, with production reaching 394.26 thousand metric tons by 2028.
- Factors such as climate change, technological advancements in agriculture, and market demand should be closely monitored for their impact on production trends.