Forecast: Beer Export Volume in Mexico

The beer export volume in Mexico has shown a general upward trend from 2014 through 2023. The volume stood at 4.21 million metric tons in 2023. Reviewing year-on-year variations, significant fluctuations are observed: a notable increase of 13.13% in 2016, a peak rise of 19.32% in 2018, and a substantial decline of -15.02% in 2020. Over the last five years, the average compound annual growth rate (CAGR) is at 1.26%, indicating moderate growth.

Looking ahead, the forecasted data from 2024 to 2028 expects a continued increase in export volumes, with a projected 5-year CAGR of 1.6%. By 2028, the volume is forecasted to reach 4.66 million metric tons, representing an 8.27% overall growth rate from 2024.

Future trends to watch for include shifting consumer preferences, changing international trade policies, and the impact of Mexican beer brands' marketing strategies worldwide, as these factors could significantly influence export volumes.

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