The demand for olives in Mexico is projected to increase significantly from 2024 to 2028, starting at 22.5 thousand metric tons in 2024 and reaching 24.05 thousand metric tons by 2028. This represents steady year-on-year growth, with variations of 1.78% between 2024 and 2025, 1.7% between 2025 and 2026, and 1.67% between 2026 and 2027. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.67%.
Future trends to watch for include potential shifts in consumer preferences toward more plant-based and Mediterranean diets, which could further drive olive demand. Additionally, any changes in trade and tariff policies or fluctuations in global olive production may impact supply and prices in the Mexican market.
