In 2023, the volume of goods transported by railways in Mexico stood at 93.96 Billion Tonne Kilometers. This represents a year-on-year variation of 1.39%. In comparison, 2022 saw a minimal increase of 0.26% over the previous year. The last five years show a compound annual growth rate (CAGR) of 1.34%, indicating modest but steady growth. Future projections suggest the volume will reach 100.21 Billion Tonne Kilometers by 2028, representing a five-year CAGR of 1.02% and an overall forecasted growth rate of 5.22% over this period.
Future trends to watch for include:
- Investment in rail infrastructure improvements.
- Increased adoption of rail transport due to environmental concerns.
- Potential impacts of economic policies and trade agreements.
- Technological advancements in logistics and rail technology.