The import value of parts for air conditioners in Mexico is forecasted to rise from $620.69 million in 2024 to $697.73 million in 2028. Specifically for 2023, we observe an actual value of imports at a reference point since we enter 2024.
Year-on-year variations are as follows:
- 2025: +3.2%.
- 2026: +3.0%.
- 2027: +2.9%.
- 2028: +2.7%.
CAGR over the five-year period from 2024 to 2028 is approximately 3.0% annually.
Future trends to watch for include the impact of technological advancements in air conditioning systems, potential trade policies affecting import tariffs, and changes in consumer demand driven by climate conditions. Additionally, economic factors such as exchange rates and inflation rates in Mexico may influence import dynamics. Keep an eye on evolving preferences for energy-efficient models and their parts, which could potentially shift market demands and import patterns.