Based on the provided data, the actual grapefruit market volume in Mexico in 2023 stood at 304 thousand metric tons, showing a slight decrease of 0.33% from the previous year. Over the past five years, the volume exhibited a compound annual growth rate (CAGR) of -0.2%. Analyzing past variations, 2014 marked the beginning of a fluctuating trend with notable peaks in 2016 and 2021, but generally, a decline has been observed since 2020.
Future trends to watch for:
- Continuous moderate decrease in grapefruit volume, anticipated at an average annual rate of -0.22% over the next five years.
- Potential impact of climate conditions on production volume.
- Shifts in consumer preferences and market demand that may affect overall market size.