The production volumes of warehousing and support activities for transportation in Mexico have shown steady growth from 2013 to 2019, with a minor dip in 2020 due to external factors, followed by a strong rebound in 2021. By 2023, the sector stood at 286.98 billion Mexican Pesos. The year-on-year variation over the last two years indicates a stabilization with growth rates of 2.07% in 2022 and 1.99% in 2023. The Compound Annual Growth Rate (CAGR) for the past five years (2019-2023) averages at 2.17%, similarly reflecting a moderate but positive trend.
Forecasts for the period 2024-2028 predict continued, albeit slower, growth with a projected CAGR of 1.53% and an overall growth rate of 7.88% over these five years. This suggests a stable increase in production volumes, reaching approximately 316.23 billion Mexican Pesos by 2028.
Future trends to watch for include:
- Potential impacts of global supply chain disruptions and geopolitical tensions on warehousing and support activities.
- Technological advancements and automation within the warehousing sector.
- Economic policies and trade agreements influencing transportation and logistics.
- Increasing emphasis on sustainability and green logistics.