In 2023, the import of tubes and pipes of aluminium to Mexico stood at 85.5 million US dollars. The forecasted data shows a steady increase in the subsequent years: reaching 87.611 million in 2024, 89.744 million in 2025, 91.834 million in 2026, 93.882 million in 2027, and 95.889 million US dollars in 2028. The year-on-year variation from 2024 to 2025 is 2.43%, from 2025 to 2026 is 2.32%, from 2026 to 2027 is 2.23%, and from 2027 to 2028 is 2.16%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 2.34%.
Future trends to watch for:
- Continued industrial development in Mexico, which could boost demand for aluminium tubes and pipes.
- Potential shifts in global trade policies and tariffs affecting import levels.
- Technological innovations in production and material efficiency.
- Economic fluctuations and their impact on the national and global market demand.