The production volumes of fishing and aquaculture in Mexico have shown significant fluctuations over the past decade. Starting in 2013, the value stood at 24.21 billion Mexican Pesos. The following years experienced notable growth, peaking at 37.13 billion in 2016. However, 2017 and 2018 saw slight declines, followed by a rebound in 2019. The value sharply dropped to 31.52 billion in 2020 due to external market conditions before recovering to 36.85 billion in 2021. By 2022, it climbed further to 39.6 billion, reaching 40.39 billion in 2023, marking a 1.99% year-on-year increase and a 2.47% CAGR over the last five years.
Looking ahead, the forecasted data from 2024 to 2028 suggest a steady upward trend, with production volumes expected to reach 44.4 billion by 2028. The five-year CAGR is projected to be 1.55%, indicating moderate but stable growth. Future trends to watch include advancements in sustainable aquaculture practices and the impact of global climate changes on marine resources, which could influence production volumes significantly.
