Mexican copper refinery production has shown fluctuations over the years. It stood at 472.06 thousand metric tons in 2023, reflecting a 0.89% year-on-year increase. The production witnessed significant volatility with a high growth period around 2013-2016 and a downtrend from 2017-2020, plus recovery in the subsequent years. The most notable downturn was a -16.19% decrease in 2020 due to industry disruptions.

Future trends to watch for:

Gradual increase in production from 2024 to 2028 with a forecasted 5-year CAGR of 0.71%.
Stable growth rates averaging 0.71% per year, indicating a slow yet steady rise in output.
Potential market and policy changes affecting the production landscape.