Forecast: Warehousing and Support Activities for Transportation Gross Value Added in Mexico

Between 2013 and 2023, the Gross Value Added (GVA) for warehousing and support activities for transportation in Mexico saw a steady rise, growing from 109.66 billion pesos to 288.44 billion pesos. This indicates an average annual growth rate of 9.36% over the past five years, with significant volatility observed during specific years. Notably, a steep 10.94% decline occurred in 2020, likely reflective of the pandemic's impact, followed by a strong recovery in 2021 with a 31.2% increase.

Analyzing forecasts from 2024 onward, a more conservative growth trend is anticipated, projecting a Compound Annual Growth Rate (CAGR) of 4.5% over the next five years, culminating in a GVA of 383.62 billion pesos by 2028.

Future trends to watch for include:

• Impact of technological advancements in automation and logistics.
• Changes in international trade policies and their effects on Mexico's logistics sector.
• Investment in infrastructure and sustainable practices to enhance capacity and efficiency.
• Potential disruptions due to global events or economic shifts, which could affect growth projections.