Forecast: Table Grapes Import in Mexico

Mexico's table grape imports showed fluctuations in recent years, peaking at 130.0 thousand metric tons in 2022 before decreasing to 122.04 thousand metric tons in 2023. The import volume experienced a robust increase of 24.82% in 2018, a dip of 10.93% in 2019, and a steady rise in subsequent years, culminating in a significant climb of 26.21% in 2022. However, the imports experienced a minor decline of 6.13% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 3.73%, indicating moderate but consistent growth.

Looking forward, the projected data suggests a steady increase in table grape imports, reaching 133.45 thousand metric tons by 2028 with a forecasted 5-year CAGR of 1.42% and a growth rate of 7.31%. This trend suggests continued but slow growth, highlighting the stability in the market despite minor annual fluctuations.

Future trends to watch for include potential impacts of climate change on grape production, trade policy adjustments, and shifts in consumer preferences towards locally grown produce. Monitoring these factors will be crucial for predicting further developments in Mexico's table grape import market.

Top Countries about Grape