Mexico's honey production has seen fluctuations over the past decade, with a value of 61.0 thousand metric tons in 2023. After a peak in 2018 at 64.0 thousand metric tons, production declined until 2020 but began to stabilize from 2021 onwards. The year-on-year variation highlights significant drops in 2016 and 2017, contrasting with a notable increase in 2018. The recent five-year CAGR shows a slight negative trend, indicating a general stabilization around 61.0 thousand metric tons.
- Mexico's honey production in 2023 stood at 61.0 thousand metric tons.
- Year-on-year, there was no change in honey production in 2023.
- The five-year CAGR (2019-2023) was -0.96%, reflecting a slight downward trend.
- Forecasted values indicate a very modest growth with a forecasted 5-year CAGR of 0.13%, reaching 61.52 thousand metric tons by 2028.
Going forward, trends to watch include the impact of climate change on honey production, potential shifts in agricultural practices, and the influence of international trade policies on honey exports. Additionally, advancements in beekeeping technology and practices could further stabilize and potentially increase production.
