Forecast: Wholesale (Except of Motor Vehicles and Motorcycles) Output in Mexico

The wholesale output in Mexico has shown a steady increasing trend from 2013 to 2023, moving from 1.8626 Trillion Mexican Pesos to 3.846 Trillion Mexican Pesos in value. Over the last two years, from 2022 to 2023, the sector experienced a 5.21% year-on-year increase. The 5-year CAGR up to 2023 stands at 5.85%, indicating sustained growth. The forecast for 2024 projects the wholesale output to be 4.0361 Trillion Mexican Pesos, continuing to rise to 4.7779 Trillion Mexican Pesos by 2028. The forecasted 5-year CAGR is 3.43%, suggesting a moderate growth rate in the coming years.

Future trends to watch for:

  • Expected economic recovery post-COVID-19 which could spur increased wholesale activity.
  • Technological advancements and digitalization within the wholesale sector.
  • Potential regulatory changes impacting trade and wholesale activities.
  • Shifts in consumer behavior and supply chain dynamics due to evolving global market conditions.

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