The poultry meat production at farm gate in Mexico showed a varied trend from 2013 to 2023. In 2023, it stood at 5.88 billion USD. The production saw significant fluctuations, notably a decline in 2015 and 2016, followed by periods of growth, particularly from 2019 onwards. The year-on-year growth rates varied considerably, from a high positive growth of 11.03% in 2013 to a steep decline of -15.36% in 2015. In the last two years, the growth rates were more stable, with 1.82% in 2022 and 1.77% in 2023. The compound annual growth rate (CAGR) over the last five years (2019-2023) averaged 2.39%.
Looking forward, from 2024 to 2028, the forecast indicates a steady increase, with an average annual growth rate (CAGR) of 1.29%, resulting in a total growth of 6.62% by 2028.
Future trends to watch for:
- Potential impacts of economic and environmental policies on poultry farming.
- Technological advancements in farming techniques to improve efficiency and productivity.
- Shifts in consumer preferences and demand for poultry meat, possibly influenced by health and sustainability factors.
- Trade policies and their effects on export and import dynamics in the poultry sector.
