From 2013 to 2022, the import of harvesting, produce cleaning, and grading machinery to Mexico fluctuated, experiencing a significant dip in 2020 (-15.67%) but recovering by 2021 with a 22.34% increase. The overall trend shows moderate annual variations, reflecting market volatility. The last 5-year CAGR (Compound Annual Growth Rate) was around 1.24%, indicating a slow but steady growth.
Forecast: 2023-2028
For the period from 2023 to 2028, the import value is expected to grow at a moderate pace, with a 5-year CAGR forecasted at 1.12%, amounting to an estimated 5.75% growth over these five years. Future trends to watch out for include technological advancements in machinery, shifts in agricultural policy, and macroeconomic factors affecting trade flows.
