The maize market size volume per capita in Mexico, measured in kilograms, stood at 116.75 kg in 2023. Starting 2024, the consumption per capita is forecasted to experience a slight year-on-year decrease. Specifically, the projected values are 116.58 kg for 2024, 116.42 kg for 2025, 116.27 kg for 2026, 116.12 kg for 2027, and 115.98 kg for 2028. This translates to a year-on-year decrease of approximately 0.14% between 2024 and 2025, 0.13% between 2025 and 2026, 0.13% between 2026 and 2027, and 0.12% between 2027 and 2028. Over the past two years, this decrease has shown gradual yet consistent declines, with a Compound Annual Growth Rate (CAGR) averaging around -0.13% per year over the last five years.
Future trends to watch for include potential impacts of climate change on maize yields, changes in domestic agricultural policies, and shifts in consumer dietary preferences. These factors could either mitigate or exacerbate the forecasted decline in maize consumption per capita in Mexico.
