The import of synthetic rubber to Mexico has shown a fluctuation between 2013 and 2023. The most noticeable decrease occurred from 2015 to 2016 with a year-on-year reduction of 9.75%. However, strong rebounds were observed in 2017 and 2021 with increases of 25.2% and 17.64%, respectively. As of 2023, the import value stood at 515.64 million USD, reflecting a CAGR of 2.21% over the last five years. Looking ahead, forecasted imports show a stable increase, culminating at 580.61 million USD by 2028 with a forecasted 5-year CAGR of 1.92%.

Future trends to watch for:

Continued moderate but steady growth in synthetic rubber imports with a forecasted 9.99% increase by 2028.
Potential market shifts influenced by shifts in global supply chains and raw material availability.
Technological advancements and regulatory changes impacting synthetic rubber industries.