The pork consumption at the farm gate in Mexico stood at 2.48 million metric tons in 2023. Analyzing the data from 2013 to the present shows a consistent upward trend in consumption, with notable year-on-year increases in 2015 (8.13%) and 2019 (9.5%). The market experienced a minor contraction in 2020, likely due to disruptions from unforeseen events, but quickly recovered with positive growth in subsequent years. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) averaged 3.55%, indicating steady growth. For future projections, consumption is forecast to increase steadily, reaching 2.81 million metric tons by 2028. This represents a forecasted CAGR of 2% over the next five years, suggesting a more moderate but consistent growth rate.
Future trends to watch for include potential impacts from changes in economic conditions, technological advancements in pork production, and shifts in consumer dietary preferences. Monitoring these factors will be crucial for anticipating fluctuations in pork consumption at the farm gate.
