Based on the forecasted data, Malaysia's basic metal exports to Mexico are expected to grow steadily from 2024 to 2028. The year-on-year percentage variations are as follows:
- From 2024 to 2025: ((174.45 - 167.96) / 167.96) * 100 ≈ 3.87%
- From 2025 to 2026: ((180.82 - 174.45) / 174.45) * 100 ≈ 3.65%
- From 2026 to 2027: ((187.06 - 180.82) / 180.82) * 100 ≈ 3.45%
- From 2027 to 2028: ((193.18 - 187.06) / 187.06) * 100 ≈ 3.28%
The Compound Annual Growth Rate (CAGR) over the 5-year forecast period is approximately 3.56%.
Future trends to watch include potential fluctuations in global metal prices, trade policy changes between Malaysia and Mexico, and technological advancements in metal production that may affect export volumes and values.
