In 2023, the actual supply of milled rice in Mexico stood at 1.10 million metric tons. Based on the forecasted data from 2024 through 2028, the supply is expected to show a slight but steady increase.
Year-on-year variations reveal the following trends:
- From 2023 to 2024, a 0.91% increase.
- From 2024 to 2025, a 0.90% increase.
- From 2025 to 2026, a 0.89% increase.
- From 2026 to 2027, a 0% increase.
- From 2027 to 2028, a 0.88% increase.
Over the last five years, the Compound Annual Growth Rate (CAGR) for milled rice supply in Mexico is approximately 0.91% per year.
Future trends to watch for include factors such as changes in domestic consumption patterns, advancements in agricultural technology, and potential impacts of climate change on rice production. Monitoring these variables will be crucial to understand the ongoing and future dynamics of milled rice supply in Mexico.
