The eggs market in Mexico has shown moderate growth from 2014 to 2023. In 2023, the volume stood at 2.57 million metric tons, reflecting a year-on-year increase of 0.67%. The compound annual growth rate (CAGR) over the last five years is 0.53%. From 2014 through 2018, the market experienced steady growth with annual increases ranging from 1.63% to 3.04%, except for a slight dip in 2019. The notable decline of 4.32% in 2020 was followed by a strong recovery in 2021 with an increase of 6.02%.
Future trends to watch for include:
- Sustained moderate growth with a forecasted 5-year CAGR of 0.54% through 2028.
- Steady market expansion, with a forecasted volume of 2.66 million metric tons in 2028.
- Potential impacts of economic and environmental factors on production and consumption.