Mexico Meat Industry Outlook 2022 - 2026

Key Market Indicators

Meat consumption in Mexico is predicted to reach nearly 9.3 million metric tons by 2026, up from 8.9 million metric tons in 2021. This represents an average growth rate of 0.7% annually over the five-year period. Since 2017, Mexican demand has been rising at an average rate of 0.6% per year. In 2021, Russia surpassed Mexico as the fifth-largest market, with 8.9 million metric tons. The United States, Brazil and Russia ranked second, third and fourth respectively. Meanwhile, Mexican meat production is expected to reach 8.2 million metric tons by 2026, up from 7.5 million metric tons in 2021. This is equivalent to an average yearly growth rate of 1.4%. Since 1966, Mexican supply has been growing at an average rate of 2.8% per year. In 2021, Germany overtook Mexico as the sixth-largest producer, with 7.5 million metric tons. The United States Virgin Islands, Brazil and Russia ranked second, third and fourth respectively.

Mexico Meat Market Data and Forecasts

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