Based on the data, the value of exports of Plastics and Articles Thereof from Mexico is forecasted to rise steadily from 2024 to 2028, growing from 9.979 Billion USD in 2024 to 10.893 Billion USD in 2028. In 2023, it stood at 9.760 Billion USD.
The year-on-year percentage variations are as follows:
- 2024: 2.24% increase from 2023
- 2025: 2.36% increase from 2024
- 2026: 2.25% increase from 2025
- 2027: 2.18% increase from 2026
- 2028: 2.07% increase from 2027
The average yearly growth rate (CAGR) over this five-year period is approximately 2.22%, reflecting a consistent upward trend in the export values.
Future trends to watch for include potential impacts of trade policies, technological advancements in plastics manufacturing, and global demand shifts due to environmental regulations and sustainability initiatives.
