Import of rollers, soil preparation, and cultivation machinery to Mexico has exhibited fluctuating trends over the past years. Actual data from 2013 to 2023 illustrate a peak in imports in 2015, with a downward trajectory since then, hitting 227.1 Thousand Kilograms in 2023. A stark decline is anticipated from 2024 onwards, with a forecasted 102.34 Thousand Kilograms by 2026 and plummeting further to 23.61 Thousand Kilograms by 2028.
Year-on-Year analysis highlights significant variations:
- 2022: -13%
- 2023: -14.64%
The Compound Annual Growth Rate (CAGR) over the last 5 years stands at -11.99%, with a forecasted CAGR of -33.7% over the next five years, indicating an 87.19% overall decrease by 2028.
The market is experiencing a marked downturn, necessitating close monitoring of factors such as technological advances, agricultural policy changes, and economic conditions that could influence these future trends.
