The distribution of orange juice in Mexico has shown considerable variability over the years. In 2023, the volume stood at 210.51 thousand metric tons. Over the last two years, there has been a significant year-on-year variation: from a decline of 17.71% in 2022 to an increase of 16.95% in 2023. The compound annual growth rate (CAGR) for the previous 5 years was -1.15%, reflecting an overall decline in distribution volumes.
Looking ahead, the future distribution of orange juice in Mexico is forecasted to increase gradually. By 2028, the volumes are expected to reach 238.26 thousand metric tons, with a forecasted 5-year CAGR of 1.96%, resulting in a cumulative growth rate of 10.19% over these five years.
Future trends to watch for include:
- Possible impacts of environmental changes on orange production.
- Market demand shifts, particularly in response to health trends and economic conditions.
- Developments in sustainable farming and distribution practices that could affect supply chains.
