Forecast: Nuts Export Volume in Mexico

The nuts export volume in Mexico has shown significant fluctuations from 2014 to 2023. Starting at 92.0 thousand metric tons in 2014, it has increased to 177.0 thousand metric tons in 2023. Over the last decade, the export volume displayed both noteworthy increases and periodic decreases. The year-on-year growth rates have varied, with 2018 showing a substantial increase of 32.79% while other years such as 2017 and 2019 experienced declines of -5.43% and -3.7%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.79%. Forecasts up to 2028 suggest a steady increase, with the 5-year forecasted CAGR at 2.15%, leading to an expected growth rate of 11.23% by 2028.

Future trends to watch include:

  • Continued gradual increase in export volume, with forecasted values indicating a steady growth rate.
  • Potential impacts of global market dynamics and trade policies on export volumes.
  • Technological advancements in the agriculture sector that could boost productivity and export capacity.
  • Economic and environmental factors affecting crop yields and export viability.

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