Rail passenger transport in Mexico witnessed significant fluctuations from 2013 to 2023. The period began with steady growth, reaching a peak value of 1.59 billion passenger kilometers in 2018. This was followed by a decline in 2019 and a dramatic drop in 2020 due to the pandemic, plummeting to 0.523 billion passenger kilometers. The sector rebounded strongly in 2021 with a 110.71% increase and continued to grow, standing at 1.71 billion passenger kilometers in 2023, marking a 17.48% year-on-year increase. The compound annual growth rate (CAGR) over the last five years is approximately 1.5%.
The forecast for the next five years indicates a stable growth trajectory, with values expected to reach 1.86 billion passenger kilometers by 2028. Key trends to watch include the impact of infrastructure investments, sustainability initiatives, and shifts in consumer preferences.