The domestic consumption of olive oil in Mexico is forecasted to grow steadily from 35.0 Thousand Metric Tons in 2024 to 37.0 Thousand Metric Tons by 2028. Comparing year-on-year variations, consumption levels remain constant from 2024 to 2025, increase by 2.9% from 2025 to 2026, stay flat from 2026 to 2027, and again rise by 2.8% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.4%.
Trends to watch for include potential changes in consumer preferences towards healthier oils, the influence of pricing and availability fluctuations, and the impact of marketing campaigns promoting the benefits of olive oil in the Mexican market. Additionally, economic factors and potential trade policies may also affect future consumption patterns.
