Mexican pork production has shown consistent growth from 2013 through 2023, with values rising from 1.28 million metric tons to 1.81 million metric tons. Over the last decade, the compound annual growth rate (CAGR) has been 2.03% to 4.52%, peaking at 4.52% around 2020. Year-on-year growth has fluctuated, with the highest increase of 6.52% observed in 2019, followed by more moderate increments, such as 3.1% in 2023.
From 2024 through 2028, the forecasted CAGR is expected to moderate to 2.19%. Nonetheless, the overall growth rate in this period will reach approximately 11.46%, indicating continued robust development in the pork production sector.
Future Trends to Watch For:
- Sustainability practices: Increased focus on environmentally sustainable practices within the pork production industry.
- Technological advancements: Adoption of smart farming technologies enhancing productivity and efficiency.
- Market demand: Variations in domestic and international demand due to changing consumer preferences and global trade dynamics.
- Regulatory changes: Impact of new policies and regulations on animal welfare and food safety standards.
