The forecasted data on cocoa beans production in Mexico is as follows (in Thousand Metric Tons):
- 2024: 23.82
- 2025: 22.99
- 2026: 22.18
- 2027: 21.39
- 2028: 20.61
Year-on-year variation in percentage:
- 2025: -3.49%
- 2026: -3.52%
- 2027: -3.57%
- 2028: -3.64%
The Compound Annual Growth Rate (CAGR) over the 5-year period is approximately -3.56%.
Future Trends to Watch
The forecast data suggest a consistent decline in cocoa beans production in Mexico over the next five years. Factors such as climate change, soil degradation, and possible socio-economic issues may need to be addressed to reverse this trend. Investing in sustainable farming practices and improving infrastructure could be pivotal in stabilizing or potentially increasing future production.
