In 2023, chemicals and chemical products exports from Mexico to India stood at 120 million US Dollars. The forecasted values for the coming years demonstrate a steady growth trajectory, starting from 123.36 million US Dollars in 2024 to 136.85 million US Dollars in 2028.
Year-on-year variations indicate stable increases in export values:
- 2024: +2.8%
- 2025: +2.8%
- 2026: +2.7%
- 2027: +2.6%
- 2028: +2.5%
The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.68%, underscoring consistent annual growth in the market.
Future trends to watch include advancements in chemical production technologies, increasing demand from India's industrial sector, and potential impacts of regulatory changes on trade relations. Monitoring competitor activities and exploring emerging markets for specialty chemicals could also present opportunities for growth.
