Forecast: Wine Stock Variation in Mexico

Analyzing the wine stock variation in Mexico from 2014 to 2023, we observe a significant increase from 3.0 to 7.0 thousand metric tons. Key growth peaks occurred in 2015 (33.33%) and 2016 (25%) followed by stabilization. The year-on-year percentages indicate stability from 2020 to 2023, with no variation in these years. Notably, 2023 had a compound annual growth rate (CAGR) of 3.13% over the last five years. Forecast data from 2024 to 2028 project continued modest growth, with a five-year forecasted CAGR of 2.71%, reaching 8.0 thousand metric tons in 2028, indicating a 14.29% increase over this period.

Future trends to monitor include potential changes in domestic wine production capacities, shifts in consumer preferences, and impacts from trade policies. Additionally, potential economic changes and sustainability practices in the wine industry could further influence stock levels.

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