From 2013 to 2023, Mexico's import of compressors for refrigerating equipment showed a decreasing trend, declining from 78.783 million kilograms in 2013 to 49.77 million kilograms in 2023. Notably, there were significant year-on-year variations such as a -21.23% decrease in 2020, followed by a slight recovery of 14.14% in 2021. However, a persistent decline resumed, with year-on-year decreases of -5.45% in 2022 and -5.65% in 2023. Over the last five years, the compound annual growth rate (CAGR) was -5.28%, affirming a steady downward trend.
Looking ahead, the forecast indicates a continued decline, with projected values dropping to 34.208 million kilograms by 2028. This would represent a forecasted 5-year CAGR of -5.95%, amounting to a -26.43% total decrease over the same period. Future trends to watch include potential shifts in trade policies, advancements in refrigeration technology, and changes in domestic production capacities, which could influence import volumes and market dynamics.
