Forecast: Chicory and Lettuce Yield in Mexico

Between 2013 and 2023, the yield of chicory and lettuce in Mexico exhibited an overall growth trend. The yield increased from 207.43 to 257.13 thousand Hectograms per hectare. The year-on-year variations showed significant fluctuations, with a peak growth of 6.6% in 2021, followed by a smaller increase of 1.19% in 2023. Notably, the yield saw a slight decline in 2020 (-5.11%), largely attributed to external factors likely impacting agricultural productivity.

Over the last two years (2022 and 2023), the yield grew by 1.23% and 1.19%, respectively. The compound annual growth rate (CAGR) over the previous five years stood at 1.65%. Furthermore, forecasts suggest a continued growth in yield, with a predicted CAGR of 0.94% from 2024 to 2028, reaching a forecasted yield of 272.88 thousand Hectograms per hectare in 2028.

Future trends to watch for include potential impacts from climate change, advances in agricultural technologies, and policy changes that may affect crop yield. Monitoring these factors will be crucial for making accurate future predictions and strategic planning.

Top Countries about Lettuce