EN 中文 DE FR عربى

Mexico Aims for 2.2% Growth in Milk Production by Year-End 2024

Mexico 23.10.2024
Source: DairyNews.today
568 EN 中文 DE FR عربى
The Mexican Association of Milk Producers (AMLAC) has forecasted that Mexico will close 2024 with a 2.2% increase in milk production compared to the previous year, driven by strengthening efforts within the sector. Octavio Hernández Álvarez, AMLAC’s general director, shared this positive outlook during the 21st Global Agrifood Forum, highlighting expectations for continued growth through 2025.
Mexico Aims for 2.2% Growth in Milk Production by Year-End 2024

Currently, Mexico produces between 74% and 75% of the milk it consumes, with imports covering the shortfall. Despite the need for imports, Hernández Álvarez views them as supplementary to domestic production, rather than a challenge to the national supply.

Over the past five years, milk production has grown steadily, averaging between 2.0% and 2.2%, with 2024 production anticipated to reach 13.3 billion liters. For 2025, AMLAC expects a similar growth trajectory, between 2.1% and 2.2%, alongside a positive outlook for per capita milk consumption.

While Mexico relies heavily on the U.S. for its dairy imports due to geographic proximity, Hernández Álvarez ruled out an increase in U.S. milk exports to Mexico next year, citing stable exchange rates and increased global milk availability as mitigating factors. For domestic producers, a higher exchange rate is seen as beneficial, boosting milk prices in the market.


Key News of the Week
Calendar