The kaolin production in Mexico has demonstrated considerable variations from 2013 to 2023. It peaked at 379.11 thousand metric tons in 2013 and has since shown a significant downward trend to 86.69 thousand metric tons in 2023. From 2013 to 2015, production saw dramatic declines, particularly a sharp drop in 2015 by 54.77%. A temporary recovery happened in 2016 with a 67.16% increase, but the decline resumed with minor exceptions in subsequent years, including a small increase in 2021. By 2023, production levels were down by 14.45% from the previous year, evidencing a continuous shrinking trend over the decade. An overall 5-year CAGR of -9.54% illustrates this contraction effectively.
The forecast from 2024 to 2028 indicates an accelerated decline, with an alarming forecasted 5-year CAGR of -32.11%, and an expected 85.58% drop in production by 2028.
Future trends to watch for include further depletion of kaolin reserves, potential impacts of environmental regulations, shifts in industry demand such as reduced usage in paper and ceramics, and the emergence of kaolin substitutes. Monitoring these elements will provide better insights into the future landscape of kaolin production in Mexico.
