The dates market in Mexico experienced varied growth over the past decade, standing at 6.0 thousand metric tons in 2023. There was a notable spike from 2014 to 2015, with a 150% increase, followed by a stable period until 2019, then a slight dip in 2020. The market rebounded with significant growth of 20.48% in 2021 and remained steady in 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 3.71%. Forecasts indicate the market will grow to 7.12 thousand metric tons by 2028, representing a 5-year CAGR of 2.51% and a total growth rate of 13.17% from 2023.
Future trends to watch for include:
- Increasing health consciousness driving demand for natural sweeteners like dates.
- Expanding export opportunities as Mexico's production stabilizes.
- Technological advancements in agriculture improving yield and quality.
- Potential market disruption from climate change impacts on crop production.
