The import of air conditioners with reverse cycle refrigeration to Mexico has shown considerable fluctuation from 2013 to 2023. Starting at 11.97 thousand units in 2013, it peaked at 17.54 thousand units in 2017 before dropping significantly to a low of 9.88 thousand units in 2018. From 2021 to 2023, the trend stabilized around the 12.36 to 12.39 thousand-unit range, indicating a plateau in demand.
Year-on-year variation over the past two years shows a modest increase of 0.21% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) stands at 4.63%, indicating a slight recovery trend after significant fluctuations in the preceding years.
Forecasts for the years 2024 to 2028 suggest a stable increase in imports, with a forecasted 5-year CAGR of 0.19% and an overall growth rate of 0.94% over this period. This suggests a steady but slow rise in demand for these air conditioning units.
Future trends to watch for include potential impacts from technological advancements, changes in climate, as well as economic factors that could either drive increased demand or further stabilize the market. Additionally, local regulations regarding energy efficiency and environmental impacts could influence future import levels.
