Forecast: Poultry Meat Production Level in Mexico

Poultry meat production in Mexico stood at 3.81 million metric tons in 2023. From 2013 to 2023, the production level has consistently increased, with year-on-year variations ranging from a low of 0.59% in 2013 to a high of 4.35% in 2017. The compound annual growth rate (CAGR) over the last five years up to 2023 was 2.69%, indicating stable growth. Over the two most recent years, the growth has been relatively steady, with percentages of 2.14% in 2022 and 2.07% in 2023.

Forecasts from 2024 onward predict a continued upward trend, with production expected to reach 4.19 million metric tons by 2028. The forecasted five-year CAGR from 2023 to 2028 is 1.49%, suggesting a more moderated pace of growth compared to the previous decade. The overall growth rate over these five years is anticipated to be 7.67%.

Future trends to watch for include potential shifts in consumer preferences, technological advancements in poultry farming, and changes in trade policies, which could impact production levels.

Top Countries about Poultry Processing