The coffee production level in Mexico for the year 2024 is forecasted to be 108.97 thousand metric tons. This value decreases consistently over the forecasted period with values reaching 71.97 thousand metric tons by 2028. In 2023, the actual production stood at a given value, making the year-on-year variations for 2024 show a considerable drop. It is observed that the percentage decline year-on-year from 2024 through 2028 is significant. The compounded annual growth rate (CAGR) over the last five years reflects a consistent average decrease in coffee production year over year.
Future trends to watch for include potential climatic changes, shifts in agricultural practices, pest and disease outbreaks, and policy changes. These factors could further impact coffee production levels. Additionally, the global demand for coffee and fluctuating market prices will play crucial roles in shaping the future of coffee production in Mexico.
