The domestic consumption of shelled pistachios in Mexico exhibited variable trends over the past decade. From a value of 4.05 Thousand Metric Tons in 2013, the consumption saw a steep decline to 1.2 Thousand Metric Tons in 2015. The period from 2015 to 2019 marked a gradual recovery with slight fluctuations, peaking to 4.3 Thousand Metric Tons in 2021. As of 2023, the consumption stood at 4.24 Thousand Metric Tons, reflecting a minimal year-on-year growth of 0.83%. The Compound Annual Growth Rate (CAGR) over the last five years averaged 15.06%, indicating a consistent increase.
Key trends over the past two years show a compounded yearly growth rate of 17.19% in 2022, which slightly decreased to 15.06% in 2023. Looking forward to the forecast from 2024 to 2028, the CAGR is projected at 0.83%, indicating moderate but steady growth, with an overall expected increase of 4.2% by 2028.
Future trends to watch for include potential influences of economic factors, shifts in consumer preferences towards healthy snacks, and the impact of agricultural policies on domestic production. Technological advancements in farming and supply chain improvements may also play a significant role in shaping the consumption trends.
