Styrene imports to Mexico are forecasted to steadily increase from 1.0052 billion USD in 2024 to 1.1115 billion USD by 2028. This growth shows an average annual growth of around 2.5% per year, considering a CAGR over the last five years.
Year-on-year growth rates are as follows:
- 2024 to 2025: 2.7%
- 2025 to 2026: 2.6%
- 2026 to 2027: 2.5%
- 2027 to 2028: 2.4%
In 2023, the value stood at [value not provided], illustrating consistent growth from previous years. Key trends to watch for include shifts in global styrene production, changes in demand for derivatives like polystyrene and ABS, and potential trade policies affecting import tariffs and quotas.
