In 2023, Mexico's exports of chemicals and chemical products to Guatemala stood at 450.00 million USD. The forecasted data indicate a steady growth trend from 2024 to 2028, with a projected value reaching 485.33 million USD by the end of this period. The year-on-year variations over the last couple of years show an average increase of around 1.5%. Looking at the compound annual growth rate (CAGR) over the five-year forecast period, it averages at approximately 1.5% per year.
Future trends to watch for include potential impacts of regional trade agreements, fluctuations in raw material costs, technological advancements in the chemical industry, and geopolitical factors that could affect trade dynamics between Mexico and Guatemala.
