The data shows that Mexico's avocado exports to Guatemala have seen fluctuations over the past decade. In 2023, the value stood at 8.53 Million US Dollars. The period between 2013 and 2023 saw variable year-on-year changes, with significant growth in 2016 and notable declines in 2017. Over the last two years, 2022 experienced a 2.56% increase, followed by a 2.46% rise in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 1.05%.
Looking forward, the forecast anticipates steady growth with a forecast 5-year CAGR of 1.74% and an overall growth rate of 9.01% by 2028. Future trends to watch for include potential market disruptions, shifts in consumer preferences, and changes in trade policies that could influence export dynamics.