In 2023, Mexico's Land Transport and Pipeline Transportation Gross Value Added stood at 1.5842 trillion Mexican Pesos. Moving into the forecasted years, the Gross Value Added is projected to grow steadily from 1.645 trillion in 2024 to 1.8878 trillion by 2028. This signifies a consistent year-on-year growth with the following variations: 3.73% for 2025, 3.57% for 2026, 3.41% for 2027, and 3.26% for 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.48%.
Future trends to watch for include:
- Technological advancements in logistics and pipeline monitoring.
- Increased investments in transportation infrastructure.
- Changes in governmental policies impacting the transportation sector.
- Shifts in trade agreements and their effects on transportation demand.
- Growing emphasis on sustainable and eco-friendly transport solutions.