The aquaculture production in Mexico of marine and partly-marine species demonstrated substantial growth from 2013 to 2023, increasing from 78.55 thousand metric tons to 229.17 thousand metric tons. This growth trend has shown variability year-on-year, with significant increases observed in years such as 2014 (59.72%) and 2017 (17.19%). However, certain years like 2016 experienced slight declines (-0.26%). Over the last five years, the CAGR stood at 4.1%, demonstrating overall stability and consistent growth.
From 2024 onwards, forecasted data suggests continued growth with a projected 5-year CAGR of 2.2%, indicating a more moderate but sustained increase in production. By 2028, the production is expected to reach 263.22 thousand metric tons, representing a forecasted growth rate of 11.51% over five years.
Future trends to watch for:
- Technological advancements in aquaculture practices
- Government policies and investments in sustainable fisheries
- Environmental impacts and climate change implications on marine ecosystems
- Market demand fluctuations for seafood products
These factors will likely influence the trajectory of aquaculture production in Mexico.
