The volume of international rail freight transport in Mexico exhibited fluctuating trends from 2013 to 2023, starting at 34.97 billion tonne-kilometers in 2013 and reaching 71.48 billion tonne-kilometers in 2023. Several notable peaks and troughs were observed, such as the significant increase of 80.85% year-on-year in 2015, followed by a decline of 18.23% in 2016. Over the last two years, the volume grew at a year-on-year rate of 5.45% in 2022 and 4.04% in 2023. The CAGR from 2018 to 2023 was 3.28%.
Future trends to watch for include:
- The forecasted 5-year CAGR from 2024 to 2028 is 2.73%, indicating steady growth.
- The total projected growth rate over these 5 years is expected to be 14.44%.
