Forecast: Nuclear Energy Consumption in Mexico

Over the period from 2013 to 2023, nuclear energy consumption in Mexico saw fluctuations with no significant long-term growth trend. Consumption in 2023 stood at 0.1 Exajoules, reflecting a slight increase compared to the previous year of 2022 (0.098 Exajoules). Year-on-year changes showcased diverse variance, notable instances being a 33.73% increase in 2013, an 18.68% rise in 2015, and a 24% rise in 2018, contrasted by decreases in other years, such as -18.02% in 2014 and -17.74% in 2019. The Compound Annual Growth Rate (CAGR) up to 2023 is variable, with a slight decline expected in future forecasts.

Forecast data from 2024 to 2028 suggest relative stability, with consumption hovering around 0.1 Exajoules, indicating an annual average variation of -0.4%. Overall, the five-year forecast suggests minimal decline with a forecasted 5-year growth rate decrement of 2%.

Future trends to watch for include Mexico's energy policy shifts, potential new nuclear projects, technological advancements, and international collaboration, which could significantly impact nuclear energy consumption rates.