The historical data for the import of Aluminium Fluoride to Mexico shows significant fluctuations from 2013 through 2023. In 2023, the imports stood at 5.41 thousand US Dollars. The imports experienced a dramatic decrease from 21.49 thousand US Dollars in 2013 to as low as 2.81 thousand US Dollars in 2015. A brief recovery occurred in 2016, followed by a relatively stable period at around 6 thousand US Dollars from 2017 to 2019. However, a decline resumed, with the value decreasing to 4.88 thousand US Dollars in 2020, followed by slight variations around 5 thousand US Dollars through 2023.
Trends in the past two years show a decrease: -2.78% in 2022 and -2.81% in 2023. The CAGR over the last five years (2019-2023) is -2.76%, indicating a general downward trend. Looking ahead, the forecast predicts a further gradual decline in imports, with a five-year CAGR of -2.59% leading to a total drop of 12.31% by 2028.
Future trends to watch for include potential impacts from global economic changes, shifts in domestic production capacities, and technological advancements in aluminium production. Monitoring these factors can provide insights into possible variances from the forecasted decline.
