In 2023, Mexico's actual corn production stood at approximately 27.00 million metric tons. For 2024, the forecasted production is 27.26 million metric tons, representing a year-on-year increase of 0.96%. For 2025, the production is expected to be 27.52 million metric tons, a 0.95% rise from 2024. In 2026, the production is projected to reach 27.78 million metric tons, marking another 0.95% increase. By 2027, it is anticipated to achieve 28.04 million metric tons, a 0.94% rise from 2026. In 2028, the forecasted production is 28.29 million metric tons, showing a 0.89% increase from the previous year.
The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) is approximately 0.90%, illustrating a steady upward trend in corn production in Mexico.
Future trends to watch for include climate change impacts, shifts in agricultural practices, developments in technology for crop productivity, and potential changes in both domestic and international market demands for corn. Monitoring these factors will be crucial in anticipating and adapting to future fluctuations in corn production.
