Cashew nut yield in Mexico has exhibited substantial variability over the past decade. Starting at 30.13 thousand hectograms per hectare in 2013, the yield declined to 24.97 in 2016, showing significant volatility. From 2017 onwards, a gradual upward trend can be observed, stabilizing around 26.62 in 2023.
Year-on-year changes highlight this trend clearly:
The average CAGR over the last five years stands at approximately 1.22%, reflecting a steady albeit slow growth.
Future trends to watch include the impact of climate change on crop yield, advancements in agricultural technology, and government policies on farming, which could either bolster or hinder growth. The forecasted CAGR of 0.25% over the next five years suggests moderate growth, necessitating strategic interventions for significant improvement.
