Forecast: Bananas Yield in Mexico

In 2023, the bananas yield in Mexico stood at 293.99 thousand hectograms per hectare. The forecasted data for upcoming years indicate a steady increase in the yield. By 2024, the yield is expected to reach 294.41 thousand hectograms per hectare. The trend continues with a projected yield of 294.83 in 2025, 295.25 in 2026, 295.65 in 2027, and 296.05 in 2028. The year-on-year variation shows a consistent upward trend, averaging an approximate yearly increase of around 0.2%. The compound annual growth rate (CAGR) over the period from 2024 to 2028 stands at approximately 0.17%.

Future trends to watch for include potential impacts of climate change on agricultural productivity, advancements in agricultural technology, and changes in global and local demand for bananas. These factors could influence yield growth rates and overall production efficiency.