The import of iron or steel tableware and kitchenware into Mexico stood at $142.83 million in 2023. Forecasted values for 2024 and beyond indicate a consistent upward trend: $146.01 million in 2024, representing a growth of approximately 2.23%, $149.46 million in 2025 with a 2.36% increase, $152.83 million in 2026 showing a 2.25% rise, $156.15 million in 2027 growing by 2.17%, and $159.39 million in 2028 with a 2.08% increase. The Compound Annual Growth Rate (CAGR) over the five-year span (2024-2028) approximates 2.22%, reflecting a steady and modest growth trajectory.

Future trends to watch for include:

Potential shifts in trade policies impacting import tariffs.
Advancements in material technology and sustainability efforts.
Fluctuations in global steel prices affecting cost structures.
Emerging consumer lifestyle trends emphasizing durable and aesthetically pleasing kitchenware.