Forecast: Rubber and Plastic Products Exports to Japan by Mexico

In 2023, Mexico's exports of rubber and plastic products to Japan stood at 35.874 million US dollars. The forecasted data for the subsequent years indicates a steady increase, with exports expected to reach 43.048 million US dollars by 2028. The year-on-year percentage variations show a healthy growth trend: 2024 (3.87%), 2025 (4.0%), 2026 (3.77%), 2027 (3.56%), and 2028 (3.36%). Over the entire period, the compound annual growth rate (CAGR) is approximately 3.71%.

Future trends to watch for include potential impacts of global trade agreements, fluctuating raw material costs, and technological advancements in product manufacturing. Additionally, monitoring environmental regulations and consumer preferences for sustainable products will be crucial in understanding future demand shifts.