Mexico's avocado production has shown steady growth over the past decade, reaching 2.6048 million metric tons in 2023. The year-on-year variation for 2023 was 3.13%, reflecting a modest increase compared to the previous years. The Compound Annual Growth Rate (CAGR) over the last five years has been 3.58%, indicating a relatively slower but consistent upward trend.
Forecasted data suggests continued growth, with production expected to reach 3.0177 million metric tons by 2028. The forecasted five-year CAGR is 2.31%, translating to a total growth of 12.12% over this period.
Future trends to watch for include potential impacts of climate change on crop yields, market demand fluctuations, and the effects of trade policies on export volumes.
