The import of fabricated asbestos fibers to Mexico shows a declining trend from 2013 to 2023. Starting at 4.9935 million USD in 2013, it dropped to 3.4425 million USD in 2023. The market experienced fluctuations, with notable declines in 2014 (-12.67%) and 2020 (-18.56%). Key peaks include 2018 with a 21.98% increase and another slight rise in 2021 (18.22%). The 5-year CAGR was -2.99% leading up to 2023, reflecting an overall negative growth trend. Forecasts indicate a continued decrease with an estimated 5-year CAGR of -1.66%, projecting 3.0997 million USD in 2028.
Future trends to watch for include regulatory changes, technological advancements, and shifting demands for asbestos-free alternatives as potential factors influencing import volumes.
