Key Market Indicators
Mexican Rail Infrastructure Expenditure is projected to reach approximately €1.2 billion by 2028, up from around €1.1 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 1.2%. Despite this projected increase, the demand for rail infrastructure in Mexico has seen a decline since 2000, decreasing by 5.3% annually. In 2021, Mexican Rail Infrastructure Expenditure stood at about €484 million, a significant rise from €398 million in 2020. This 21.6% increase marked a notable recovery. However, since 2000, the demand has dropped by 18.6% annually. The length of Mexican railways is expected to expand to 16,180 route-kilometers by 2028, up from 15,240 route-kilometers in 2023, reflecting an annual growth rate of 1%. Since 2019, the supply of rail infrastructure in Mexico has increased by 1.2% per year. In 2023, Mexico ranked 17th globally in rail length, with Spain surpassing it at 15,240 route-kilometers. Leading the rankings were China, Russia, and India, occupying the second, third, and fourth positions, respectively.
