Forecast: Share of Aquaculture in Mexico

Between 2013 and 2023, Mexico’s share of aquaculture in national fish production showed significant fluctuations. Peaks occurred in 2014, 2016, and 2017, with notable year-on-year increases of over 10%. However, periods of decline were also frequent, particularly in 2015 and 2018. By 2023, the share increased marginally to 35.65%.

Over the last two years (2022 to 2023), the share increased steadily by around 0.43% each year. The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) stands at around 4.23%.

Future trends to watch for:

  • Continued modest growth: Forecasts predict the share will rise to 36.37% by 2028, with a CAGR of 0.32%.
  • Investment in sustainable practices: Sustainable aquaculture practices may drive future growth.
  • Technological advancements: Innovations may enhance productivity and efficiency.
  • Policy and regulations: Government support and regulations could impact growth rates.

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