Mexico's table grapes production displayed fluctuating growth from 2013 to 2023, with notable year-on-year variations. Production volumes saw significant increases in years like 2017 (+32.67%) and 2019 (+44.89%), balanced by reductions in other years, such as 2014 (-4.87%) and 2016 (-9.28%). Despite these fluctuations, the overall compound annual growth rate (CAGR) for the past decade was relatively modest at 5.04% by 2023. In 2023, production reached 359.27 thousand metric tons.
Looking ahead, forecasted data suggests a steady yet modest increase, with the production expected to grow at a 5-year CAGR of 1.23% from 2024 to 2028. These projections highlight a tempered growth outlook with an aggregate growth rate of 6.31% over the forecast period.
Future trends to watch for:
- Potential impacts of climate change on agricultural yields.
- Technological advancements in farming practices.
- Changes in domestic and international market demand.