The road freight transport sector in Mexico saw a gradual increase from 2013 to 2019, reaching a peak at 258.68 billion tonne kilometers. However, in 2020, the sector experienced a significant decline of 7.07%. The subsequent years showed stabilization, with marginal growth rates: 1.06% in 2021, 0.99% in 2022, and 0.98% in 2023. The forecast for the following years till 2028 indicates a moderate upward trend with a forecasted five-year CAGR at 0.73%, reflecting a 3.7% growth rate over the period.
In 2023, the road freight transport stood at 247.75 billion tonne kilometers.
Future trends to watch for include:
• Eco-friendly transportation solutions.• Impact of digital transformation and logistics technology innovations.• Changes in trade policies and economic conditions.
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