The import of aluminum plates, sheets, and strips to Mexico in 2023 stood at $2.315 billion. Forecasted data indicate a steady increase from $2.4018 billion in 2024 to $2.7421 billion in 2028. The year-on-year variation highlights a consistent incremental growth: 3.6% (2024), 3.6% (2025), 3.5% (2026), 3.4% (2027), and 3.1% (2028). The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 suggests an average annual increase of approximately 3.4%.
Future trends to watch include potential disruptions in global aluminum supply chains, changes in trade policies, and shifts in demand driven by manufacturing and construction sectors in Mexico due to economic conditions and infrastructural developments. Monitoring technological advancements in aluminum processing and alternative materials might also impact future import levels.
