The total aquaculture production in Mexico has shown significant growth, increasing from 111.5 Thousand Metric Tons in 2013 to 288.26 Thousand Metric Tons in 2023. The most notable year-on-year increase occurred in 2014 with a 74.2% growth, while a decline of 13.41% was observed in 2020, likely due to the impact of the COVID-19 pandemic. The compound annual growth rate (CAGR) over the last five years up to 2023 stood at 3.12%, reflecting a stable upward trend in the industry following the 2020 dip. Looking ahead, forecasts indicate a steady increase with a predicted CAGR of 2.28% until 2028, reaching 332.05 Thousand Metric Tons.

Future trends to watch for:

Technological advances in aquaculture techniques improving yield and sustainability.
Potential impacts of climate change on aquaculture operations.
Market demand shifts in response to health and protein consumption trends.
Regulatory changes influencing production practices and export opportunities.