The total value of agricultural production at the farm gate in Mexico stood at 51.98 billion Euros in 2023. Forecasted data indicates a steady increase from 52.91 billion Euros in 2024 to 55.18 billion Euros by 2028. The year-on-year variations are expected to be moderate, with a 1.1% growth from 2024 to 2025, a 1.1% increase from 2025 to 2026, a 1.0% rise from 2026 to 2027, and a growth of 1.0% from 2027 to 2028. Over the last five years, the compound annual growth rate (CAGR) is projected to be approximately 1.2%, indicating a sustained upward trend.
Future trends to watch for include technological advancements in agriculture, governmental policy changes, climate variability, and shifts in global agricultural demand. These factors will significantly influence the production value beyond 2028.
