Based on the forecasted data, Mexico's domestic cotton consumption shows a steady upward trend from 2024 to 2028. In 2023, the actual consumption stood at 1.69 million units (480 lb. Bales). Year-on-year growth is consistent, with slight variations: 1.71 million units in 2024 (1.2% increase), 1.73 million units in 2025 (1.2% increase), 1.74 million units in 2026 (0.6% increase), 1.75 million units in 2027 (0.6% increase), and 1.77 million units in 2028 (1.1% increase). Over the last two years, the average annual growth rate (CAGR) is approximately 1%. This consistency indicates stable and moderate growth in domestic cotton consumption.

Future trends to watch for include:

Sustainability initiatives and their impact on cotton production and consumption.
Economic factors influencing domestic demand and potential shifts towards synthetic alternatives or blends.
The influence of global trade policies and tariffs on imports and domestic market dynamics.