The import of Polymers of Ethylene to Mexico showed a consistent increase from 2013 to 2014, followed by fluctuating trends between 2015 and 2023. The value stood at 2.2979 Billion US Dollars in 2023. Over the last two years, the year-on-year growth rates were 7.01% (2022) and 1.6% (2023). The five-year CAGR leading up to 2023 was 1.13%. Forecast data suggests a gradual increase, with an estimated 5-year CAGR of 1.26%, projecting the value to reach 2.4804 Billion US Dollars by 2028.
Future trends to watch for:
- Volatility in global raw material prices impacting import costs.
- Changes in trade policies between Mexico and major polymer-producing countries.
- Technological advancements in polymer production and recycling.
- Environmental regulations influencing the demand for eco-friendly polymers.
