Key Market Indicators
Mexico's metal products export is projected to soar to approximately $1.3 billion by 2028, up from nearly $1.2 billion in 2023, reflecting an average annual growth rate of 1.3%. Since 1995, the country's supply in this sector has consistently grown at an annual rate of 2.5%. On the import side, Mexico is expected to see its metal products imports rise to about $3.5 billion by 2028, from around $3.1 billion in 2023. This marks a compound annual growth rate (CAGR) of 2.3%. Since 1995, the nation's demand for metal products has expanded at a yearly rate of 2.6%.