Import of citrus juice to Mexico stood at an actual value of $6.19 million in 2023. Based on forecasted data, the import value is expected to experience a consistent year-on-year increase from 2024 to 2028, indicating a steady upward trend in demand. Specifically, from 2024 to 2025, the import value will increase by 4.62%, from 2025 to 2026 by 4.32%, from 2026 to 2027 by 4.06%, and from 2027 to 2028 by 3.83%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be approximately 4.2%.
Future trends to watch for include potential shifts in consumer preferences towards locally produced citrus juice, changes in trade policies affecting import tariffs, and emerging competition from other juice markets. Additionally, monitoring the impact of climate change on citrus production in exporting countries could provide insight into future supply stability and pricing.
