Over the past decade, the import of asbestos brake linings and pads to Mexico has experienced significant fluctuations. The year 2013 saw a remarkable peak with a 350.51% increase, but this was followed by a substantial decline of 75.18% in 2014. The subsequent years displayed moderate growth and stabilization, averaging an increase of approximately 10%-15% in some years and slight decreases in others. By 2023, the import volume stood at 7.5618 Million Kilograms, slightly lower than the previous year, continuing a trend of gradual decrease since 2020.
In the last two years, the import volume has seen mild reductions of about 1.51% annually. The five-year CAGR from 2019 to 2023 averaged at -1.52%, highlighting a modest declining trend. Looking forward, the forecasted data shows a continued decrement with an average annual decrease of 1.32% from 2024 to 2028, leading to an overall reduction of 6.43% in this period.
Future trends to watch for include:
• Regulatory changes impacting the use of asbestos materials.
• Technological advancements leading to alternative materials.
• Shifts in automotive manufacturing and consumer preferences.
