In the first quarter of 2024, the agricultural sector in Mexico employed approximately **** million people, down from **** million people in the previous quarter and from **** million reported a year earlier.
In 2024, corn in grain was the agricultural commodity with the highest production value in Mexico, with ****** billion Mexican pesos. The second leading agricultural product was avocado, with a production value of ***** billion Mexican pesos. Other major agricultural products in the country include potatoes, tomatoes, and green chili, the most per person consumed vegetable in the country.
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The Mexico Agricultural Machinery Market Report is Segmented by Product Type (Tractors, Harvesting Machinery, Irrigation Machinery, Haying and Forage Machinery, and Tillage and Seed-Bed Machinery), by Farm Size (Small, Medium, and Large), and by Application (Cereals and Grains, Fruits and Vegetables, Oilseeds and Pulses, and Commercial Crops). The Market Forecasts are Provided in Terms of Value (USD).
The agriculture, forestry, and fishing sector contributed with approximately 3.82 percent of the value added to the Chilean gross domestic product (GDP) in 2023. This represents a decrease of about 2.3 percent compared to the previous year.
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Mexico: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 3.77 percent, a decline from 3.84 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for Mexico from 1965 to 2024 is 6.02 percent. The minimum value, 2.94 percent, was reached in 2006 while the maximum of 13.15 percent was recorded in 1965.
The export value in the agriculture market in Mexico was forecast to continuously increase between 2025 and 2029 by in total *** billion U.S. dollars (+***** percent). After the ******** consecutive increasing year, the export value is estimated to reach ***** billion U.S. dollars and therefore a new peak in 2029. Notably, the export value of the agriculture market was continuously increasing over the past years.
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Mexico Agriculture Robots Market is predicted to reach $962.52 million by 2030 with a CAGR of 19.3%% from 2023 to 2030
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Comprehensive dataset containing 5,039 verified Agricultural production businesses in Mexico with complete contact information, ratings, reviews, and location data.
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Mexico Agriculture Machinery Market size was valued at USD 3.25 Billion in 2024 and is projected to reach USD 5.40 Billion by 2031, growing at a CAGR of 6.5% during the forecast period 2024-2031.
Rising demand in the agricultural sector is significantly boosting the Mexican agriculture machinery market, driven by the need for higher productivity, efficiency, and technological advancements in farming practices. With Mexico’s agricultural industry growing rapidly, there is an increasing shift towards mechanization to meet the demands of both domestic consumption and export markets. In particular, the demand for machinery like tractors, harvesters, and irrigation systems is surging as farmers seek to enhance crop yields and reduce labour costs.
Additionally, government initiatives to support mechanization and modernize agriculture are contributing to market growth. The Mexican government, through the Ministry of Agriculture and Rural Development, has introduced subsidies and incentives for farmers to adopt advanced machinery, further encouraging the shift towards automation in farming practices. As a result, the Mexico agriculture machinery market is expected to experience strong growth, with rising demand for mechanized solutions propelling the market forward in the coming years.
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The Mexico agricultural equipment market is expected to grow with more than 5% CAGR from 2024 to 2029.
In the third quarter of 2024, Mexico reported a GDP of *** trillion Mexican pesos in the agriculture, livestock, forestry, fishing, and hunting sector.
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The Mexico Vertical Farming Market Report is Segmented by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), by Structure (Building-Based Vertical Farms and Shipping-Container-Based Vertical Farms), by Components (Lighting, Climate Control, Sensors, and Other Components), and by Crop Types (Tomato, Berries, Lettuce and Leafy Vegetables, Pepper, and More). The Market Forecasts are Provided in Terms of Value (USD).
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In Mexico Connected Agriculture Market is projected to grow from USD 2.9 billion in 2025 to USD 9.87 billion by 2031, at a CAGR of 22.8%
Production of organic crops in Mexico attained a value of **** billion Mexican pesos in 2024, representing a decrease of 14 percent compared to the previous year.
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Forecast: Total Value of Agricultural Production at Farm Gate in Mexico 2024 - 2028 Discover more data with ReportLinker!
In 2023, the employment in the agricultural sector as share of total employment in Mexico stood at ***** percent. Between 1991 and 2023, the figure dropped by ***** percentage points, though the decline followed an uneven course rather than a steady trajectory.
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Forecast: Production Volumes of Agriculture, Forestry and Seafood in Mexico 2024 - 2028 Discover more data with ReportLinker!
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Mexico MX: Total Fisheries Production data was reported at 1,745,795.000 Metric Ton in 2016. This records an increase from the previous number of 1,691,185.000 Metric Ton for 2015. Mexico MX: Total Fisheries Production data is updated yearly, averaging 1,287,371.000 Metric Ton from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 1,776,349.000 Metric Ton in 2009 and a record low of 196,513.000 Metric Ton in 1960. Mexico MX: Total Fisheries Production data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Agricultural Production and Consumption. Total fisheries production measures the volume of aquatic species caught by a country for all commercial, industrial, recreational and subsistence purposes. The harvest from mariculture, aquaculture and other kinds of fish farming is also included.; ; Food and Agriculture Organization.; Sum;
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Mexico MX: Land under Cereal Production data was reported at 9,865,813.000 ha in 2017. This records a decrease from the previous number of 10,260,612.000 ha for 2016. Mexico MX: Land under Cereal Production data is updated yearly, averaging 9,865,813.000 ha from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 11,481,873.000 ha in 1996 and a record low of 7,652,725.000 ha in 1962. Mexico MX: Land under Cereal Production data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Agricultural Production and Consumption. Land under cereal production refers to harvested area, although some countries report only sown or cultivated area. Cereals include wheat, rice, maize, barley, oats, rye, millet, sorghum, buckwheat, and mixed grains. Production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed, or silage and those used for grazing are excluded.; ; Food and Agriculture Organization, electronic files and web site.; Sum;
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In Mexico Agricultural Commodity Market , was valued at approximately USD 10.11 billion in 2022 and is projected to reach USD 12.45 billion by 2029,
In the first quarter of 2024, the agricultural sector in Mexico employed approximately **** million people, down from **** million people in the previous quarter and from **** million reported a year earlier.