The import of compressors for refrigerating equipment to Mexico has displayed a diverse trend over the years, with fluctuating growth rates. As of 2023, the import value stood at 1082.3 million USD. Notable year-on-year variations include a sharp decline of 14.98% in 2020 and substantial rebounds of 23.29% in 2021. The last two years (2022-2023) saw more stable growth rates of 2.23% and 2.14% respectively. The last five-year CAGR (Compound Annual Growth Rate) was 2.83%.
Looking ahead, forecasted data suggests a steady increase, with an anticipated CAGR of 1.63% from 2024 to 2028, culminating in a growth rate of 8.44% by 2028.
Future trends to watch for include:
- Technological advancements in refrigeration equipment boosting demand.
- Potential impacts of global economic conditions on import levels.
- Environmental regulations influencing the type and volume of compressors imported.