In 2023, the vegetable demand in Mexico stood at 11.95 million metric tons. The forecasted data for the subsequent years show a steady increase in demand: 12.18 million metric tons in 2024, 12.42 million metric tons in 2025, 12.67 million metric tons in 2026, 12.9 million metric tons in 2027, and 13.13 million metric tons in 2028.
Year-on-year percentage variations indicate the following growth rates:
- 2024: 1.93%
- 2025: 1.97%
- 2026: 2.01%
- 2027: 1.82%
- 2028: 1.78%
The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.95%.
Future Trends to Watch for:
Future trends to monitor include changes in agricultural policies, impacts of climate change on agriculture, advances in agricultural technology, and shifts in consumer preferences toward healthier diets. Additionally, trade policies and international relations could play a significant role in shaping vegetable demand in Mexico.
