The Gypsum and Anhydride market in Mexico observed a mixed trend over the period from 2012 to 2022. The market value saw gradual increases from 2012 to 2017, peaking in 2017 at $12.66 million. However, in 2018, a significant dip occurred, dropping to $12.135 million, followed by a modest recovery in 2019. The market faced a steep decline in 2020 due to external factors, reducing the value significantly to $10.293 million. A strong recovery phase began in 2021, with a market value of $11.835 million, rising further to $12.513 million in 2022. The projected value for 2023 stands at a robust estimate, indicating stable growth.
Year-on-year variations highlight a volatile market, with notable increases and decreases reflecting external economic conditions. The CAGR over the five-year period leading up to 2022 was -0.23%, signaling a slight average annual decline.
Future trends to watch for include:
- Potential market stabilization and growth due to infrastructure development.- Impact of economic conditions on market expansion.- Technological advancements and their integration in the gypsum and anhydride production processes.- Regulatory changes that might affect market dynamics.
| # | 6 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 459,090,000 | 2023 | +0.65% | -0.53% | View data |
| 2 | 2 Spain | 72,263,000 | 2023 | +1.69% | +2.58% | View data |
| 3 | 3 France | 69,155,000 | 2023 | -0.61% | -0.71% | View data |
| 4 | 4 Sweden | 23,049,000 | 2023 | +0.48% | -0.24% | View data |
| 5 | 5 Mexico | 12,567,000 | 2023 | +0.43% | +0.7% | |
| 6 | 6 Switzerland | 10,501,000 | 2023 | -3.55% | -4% | View data |
