Import of asbestos friction materials and articles thereof to Mexico has shown a consistent upward trend from 2024 to 2028, starting at 78.998 million USD in 2024 and increasing to 86.613 million USD by 2028. In 2023, the value stood at 77 million USD. The year-on-year variation displays a steady growth, with increases of approximately 2.48% from 2024 to 2025, 2.38% from 2025 to 2026, 2.27% from 2026 to 2027, and 2.18% from 2027 to 2028. This delivers a compound annual growth rate (CAGR) of about 2.33% over the five-year period.
Future trends to watch for include potential regulatory changes regarding the use of asbestos, advancements in alternative friction materials, and shifts in industrial demand within Mexico. Monitoring these factors will help anticipate any significant deviations from the current upward trajectory.
