The import of resinoids to Mexico is anticipated to grow steadily from 2024 to 2028. Starting at 620.4 thousand US dollars in 2024, the value is projected to gradually increase each year, reaching 627.75 thousand US dollars by 2028. This indicates a stable year-on-year growth with slight incremental increases. In 2023, the value of resinoid imports stood at 618.55 thousand US dollars. Over the last two years, the import figures experienced a modest growth. The Compound Annual Growth Rate (CAGR) over the upcoming five-year period has averaged a slight increase in annual percentage.
Future trends to watch for include:
- The impact of global economic conditions on trade relations and tariff policies between Mexico and resinoid-exporting countries.
- Changes in global demand and supply dynamics for resinoids, potentially affecting import volumes and values.
