Beef meat slaughtering in Mexico has shown fluctuations over the last decade. The volume in 2023 stood at 8.2608 million heads. The annual change in volume has been modest, with the most significant negative variation occurring in 2016 (-6.63%) and a notable jump again in 2021 (+5.43%). Over the past five years, the compound annual growth rate (CAGR) has been relatively stable, averaging around 0.3%. For the next five years, a forecasted CAGR of 0.13% suggests a maintained but slow growth, with a total growth rate of 0.63% over the period.
Future trends to watch for include:
- Government policies on agriculture and meat production could impact slaughtering rates.
- Changes in domestic and international demand for beef.
- Technological advancements in meat production and processing.
- Environmental regulations and sustainability practices affecting livestock farming.
