In 2023, the cotton production in Mexico stood at 1.22 million units. The forecasted data shows a gradual decline in production from 2024 onwards, starting at 1.21 million units in 2024 and decreasing to 1.16 million units by 2028. The year-on-year variation indicates a downward trend, with a slight decrease of 0.83% from 2024 to 2025, 1.67% from 2025 to 2026, 0.85% from 2026 to 2027, and 0.85% from 2027 to 2028. The compounded annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately -1.0%, reflecting a consistent decrease in production.
Future trends to watch for include potential impacts of climate change on agricultural productivity, shifts in domestic and global demand for cotton, and advancements in agricultural technology that could either mitigate or exacerbate the downward trend in cotton production.
