The import of oral and dental hygiene preparations to Mexico witnessed fluctuations from 2013 to 2023. In 2023, the import volume stood at 11.695 million kilograms.
Key year-on-year variations:
- 2013: -14.57%
- 2014: +9.54%
- 2015: +10.92%
- 2016: +0.91%
- 2018: -13.26%
- 2019: +7.86%
- 2020: -4.33%
- 2021: +5.99%
- 2022: +0.67%
- 2023: +0.65%
The Compound Annual Growth Rate (CAGR) over the last five years before 2023 stands at 2.08%. Looking forward, the forecasted 5-year CAGR until 2028 is projected to be 0.53% with an overall growth rate of 2.66% within this period.
Future trends to watch:
- Increasing focus on oral health and hygiene awareness may drive steady growth.
- Potential trade policies and economic conditions could impact future import dynamics.
- Technological advancements in oral care products might also influence import volumes.