The national rail freight transport volume in Mexico experienced fluctuations from 2013 to 2023, standing at 21.52 Billion Tonne Kilometers in 2023. The initial period saw slight variations but noted a significant drop in 2016 by -31.35%, followed by moderate recoveries and declines. Notable drops were observed in 2018 (-13.67%) and from 2022 to 2023 (-8.03%). The Compound Annual Growth Rate (CAGR) indicated a gradual decline over the decade, with a recent five-year CAGR of -4.51%.
Future trends to watch for include:
- Continued decline forecasted for the upcoming years, with 2028 estimated at 12.4 Billion Tonne Kilometers.
- A forecasted five-year CAGR of -8.8% indicating a sharp reduction over the next half-decade.
- Potential impacts of economic factors, infrastructure investments, and policy changes affecting rail freight dynamics in Mexico.
