The forecasted supply of dry whole milk powder in Mexico is set to rise steadily from 2024 through 2028, beginning at 129.0 thousand metric tons in 2024 and increasing by 1.0 thousand metric tons each subsequent year to reach 133.0 thousand metric tons by 2028. These figures indicate a consistent annual growth rate.
The supply in 2023 stood at a baseline level preceding the forecasted increase. Year-on-year variations show a stable 0.78% increase annually from 2024 to 2028. Over the last two years, this growth trend has been consistent, contributing to the calculated CAGR of 0.78% for the projected five-year period.
Future trends to watch for include potential impacts of market demand fluctuations, changes in agricultural policies, and advancements in dairy production technology. Monitoring these factors will be crucial in understanding and anticipating shifts in supply levels.
