Copper smelter production in Mexico has demonstrated fluctuations over the years, with notable changes in year-on-year growth and CAGR percentages. From 2013 to 2023, production levels showed a mix of increases and decreases, with significant dips such as in 2020 (-16.11%) and notable growth in 2021 (21.73%). By 2023, production stood at 301.7 thousand metric tons, with a slight year-on-year increase of 0.97% and a five-year CAGR of 0.71%.
Looking ahead, from 2024 to 2028, the forecast indicates a stable increase in production, with a 5-year CAGR of 0.78% and an overall growth rate of 3.94% by 2028. Future trends to watch for include the global demand for copper, technological advancements in smelting processes, and environmental regulations impacting production.
