The forecast for Mexico's furniture exports to El Salvador shows a consistent decline from 2024 through 2028, with values decreasing from 2.3088 million USD in 2024 to 2.1617 million USD in 2028. Before these projected values, the market stood at 2.3400 million USD in 2023. The year-on-year variation indicates a declining trend for two consecutive years: -1.60% from 2023 to 2024, and -1.64% from 2024 to 2025. The compound annual growth rate (CAGR) over this five-year forecast period is approximately -1.60% per year.
Future trends to watch for include the potential impact of economic policies, trade agreements, and consumer demand in both Mexico and El Salvador. Additionally, changes in manufacturing costs and competition from other countries could further affect these forecasted values.
