From 2013 to 2023, the import of air conditioning equipment and machinery to Mexico demonstrated fluctuating but generally upward trends, reaching a value of 1447.1 million USD in 2023. From 2021 to 2023, the year-on-year variation was 18.13% and 8.47% respectively, followed by a deceleration to 2.9% in 2023. Over the past 5 years, the Compound Annual Growth Rate (CAGR) stood at 2.93%.
Looking ahead, the forecasted data suggests continuing growth, with a forecasted CAGR of 2.18% for the next five years, leading to an 11.37% overall increase by 2028. Future trends to monitor include advancements in eco-friendly air conditioning technologies, shifts in trade policies, and economic conditions that may impact demand.
