Based on forecasted data, the corn supply in Mexico is expected to rise steadily from 50.18 million metric tons in 2024 to 53.02 million metric tons by 2028. Comparing the year-on-year variations, the supply is projected to grow at an average annual rate of about 1.4% over the five-year period, reflecting a stable yet moderate increase in corn production.
Notably, the corn supply in 2023 stood at approximately 49.5 million metric tons. The year-on-year growth from 2023 to 2024 is around 1.4%, indicating that the upward trend is consistent.
Future trends to watch for include potential impacts of climate change on crop yields, technological advancements in agricultural practices, and shifts in domestic and international demand. These factors could significantly influence the corn supply dynamics in Mexico over the coming years.
