The import of wooden kitchen furniture to Mexico has seen diverse trends over the past decade. In 2023, imports stood at 39.88 thousand units, reflecting a year-on-year decrease of 9.09%. Analyzing the preceding two years, the annual drops were 8.49% in 2022 and 3.13% in 2021. Looking at the last five years, the average annual decline (CAGR) was approximately 8.07%. This declining trend appears more pronounced when comparing forecasted data from 2024-2028, expected to show a steeper average annual shrinkage rate of about 11.7%, leading to an overall reduction of 46.33% over five years.
Future trends to monitor include potential influences from economic fluctuations, trade policies, shifts in consumer preferences toward sustainable or alternative materials, and the impact of technological advancements in furniture manufacturing that could alter import needs. Monitoring these variables could provide deeper insights into the market’s trajectory.