Pork production at the farm gate in Mexico increased from 1.85 billion euros in 2013 to 2.58 billion euros in 2023, representing a consistent upward trend over the decade. The compound annual growth rate (CAGR) over the last five years stood at 2.65%. Despite some fluctuations, such as declines in 2016 and 2020, the general trend has been upward, reflecting a resilient and steadily growing industry. For instance, between 2021 and 2023, year-on-year growth rates were moderate, averaging around 2.20%, indicating stable incremental gains.
Looking ahead, pork production is forecasted to reach 2.84 billion euros by 2028, indicating an average annual growth rate of 1.49% over the next five years. This suggests steady but slower growth compared to the previous decade, reflecting a maturing market.
Future trends to watch for include potential impacts of climate change on feed availability, shifts in consumer preferences towards more sustainable and ethically sourced products, and possible trade policy changes that could affect export dynamics. Monitoring technological advancements in farming practices and their adoption within the industry will also be critical.
