Forecast: Sorghum Production in Mexico

México's sorghum production saw significant fluctuations from 2013 to 2023. The peak production occurred in 2014 with a volume of 8.3941 million metric tons. Since then, there has been a clear declining trend, reaching a low of 3.7847 million metric tons in 2023. Over the past two years (2022-2023), the year-on-year variations were -3.66% and -3.72% respectively. The compound annual growth rate (CAGR) over the past five years stands at -3.54%, highlighting a consistent decrease.

Looking forward to future trends, Mexico's sorghum production is forecasted to continue its decline through to 2028, with a forecasted CAGR of -3.58% over the next five years. Key factors to watch include changes in agricultural technology, shifts in domestic and global demand, climate conditions, and policy developments that could impact production levels.

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