The import of dog or cat food to Mexico was recorded at X million kilograms in 2023. For the forecasted period, the import volume is expected to decrease progressively from 39.575 million kilograms in 2024 to 31.522 million kilograms in 2028. The year-on-year variation indicates a consistent decline, with the volume decreasing by approximately -5.25% in 2025, -5.42% in 2026, -5.53% in 2027, and -5.83% in 2028. Over the last two years, the rate of decline was noticeable, showing a downward trend. The Compound Annual Growth Rate (CAGR) over five years indicates an average annual decrease of about -5.55%.
Future trends to watch for include the impact of local production increases, changes in consumer preferences towards premium pet foods, potential trade policy shifts, and the rise of smaller, specialized pet food producers. Monitoring these factors can provide insights into whether the declining trend will persist or stabilize in the coming years.