The supply of orange juice in Mexico has experienced significant variability over the past decade. Starting in 2013 at 128.11 thousand metric tons, there was a peak in 2018 at 223.0 thousand metric tons, followed by a sharp decline in 2019. From 2020 onwards, the supply generally increased, reaching 210.51 thousand metric tons in 2023, representing a 16.95% year-on-year increase from 2022. Over the past five years, the supply saw an average annual decrease (CAGR) of -1.15%. However, forecasts from 2024 to 2028 show a gradual upward trend with an average annual growth (CAGR) of 1.96%.
Future trends to watch for include:
- Potential impact of climate change on orange harvest yields.
- Technological advancements in agricultural practices.
- Changes in global demand for orange juice and economic factors affecting export markets.
