Forecast: Coffee Production in Mexico

The actual coffee production in Mexico has seen a downward trend over the last decade. In 2023, production stood at 118.35 thousand metric tons. Over the past two years, production declined by 6.9% in 2022 and 7.38% in 2023. The 5-year CAGR up to 2023 was -5.65%, indicating a steady decline in production volume. Looking forward, the forecasted data suggests a continued decline, with the 5-year CAGR from 2024 to 2028 expected to be -7.96%, resulting in a 33.95% reduction by 2028.

Future trends to watch for include:

• Climate change impacts affecting crop yields.
• Increased pests and diseases impacting coffee plantations.
• Shifts in domestic and global demand for coffee.
• Adoption of advanced farming techniques and technologies to improve yields.
• Potential governmental and private sector interventions to support coffee farmers.