The sugar cane production in Mexico has shown an overall stable upward trend from 2014 to 2023, reaching 56.95 million metric tons in 2023. While there were slight fluctuations, such as a significant dip of -4.95% in 2020, the production recovered with a 5.31% increase in 2021. The year-on-year variation in 2023 was minimal at 0.046%, consistent with the five-year CAGR of 0.037%, indicating a steady but low growth rate.
Looking ahead, the forecast from 2024 to 2028 suggests a minor increase in production with a five-year CAGR of 0.04%, and a total growth rate of 0.19%, reaching approximately 57.08 million metric tons by 2028.
Future trends to watch for include potential impacts of climate change on agriculture, advancements in agricultural technology, and changes in domestic and international sugar demand which could influence production volumes.
