Year-on-Year Variation and CAGR
- 2024-2025: (35.62 - 35.55) / 35.55 * 100 = 0.20%
- 2025-2026: (35.68 - 35.62) / 35.62 * 100 = 0.17%
- 2026-2027: (35.75 - 35.68) / 35.68 * 100 = 0.20%
- 2027-2028: (35.81 - 35.75) / 35.75 * 100 = 0.17%
CAGR (2024-2028): ((35.81 / 35.55)^(1 / 4) - 1) * 100 = 0.18%
Future Trends to Watch
Future trends to monitor include technological advancements in agriculture, climate change impacts, and shifts in consumer demand which could influence the harvested area of squash, gourds, and pumpkins in Mexico. Additionally, policy changes and economic conditions might play a critical role in shaping future forecasts.
