From 2013 to 2023, the export volume of table grapes in Mexico showed fluctuation, with notable peaks and troughs. The highest value reached was in 2019, with a volume of 224.2 thousand metric tons. The year-on-year variation often displayed significant swings, such as a 26.14% increase in 2017 followed by a -25.41% decrease in 2018. However, by 2023, the export volume was around 206.16 thousand metric tons, with a moderate year-on-year growth of 2.06% from the previous year.
In terms of the five-year trend (from 2018 to 2023), the compound annual growth rate (CAGR) stood at a robust 7.07%. Looking ahead to the forecast period from 2023 to 2028, the export volume is projected to increase steadily, with a 1.37% forecasted CAGR, resulting in an anticipated volume of 224.72 thousand metric tons by 2028.
Future trends to watch for include:
- Potential impact of climate change on grape production.
- Changes in trade policies and market access.
- Innovations in agricultural practices and technology.
- Shifts in global demand and consumer preferences towards table grapes.