In 2023, the pharmaceutical industry export market share in Mexico stood at 0.18. The forecast for 2024 indicates a market share of 0.17, decreasing to 0.16 in 2025, 0.14 in 2026, 0.13 in 2027, and 0.12 in 2028. Analyzing year-on-year variations, the market share is expected to decline by approximately 5.56% from 2023 to 2024. Over the forecast period, the Compound Annual Growth Rate (CAGR) reflects a negative trend of around -7.18%.
Future trends to watch for include:
- Changes in international trade policies and their impact on exports.
- Advancements in pharmaceutical technology and production techniques in Mexico.
- Global market demand shifts, particularly in emerging markets.
- Regulatory changes influencing the pharmaceutical sector in Mexico.
