Forecast: Energy Consumption in Industry in Mexico

The energy consumption in the industry in Mexico has demonstrated significant fluctuations over the past decade. Between 2013 and 2023, there were notable peaks and troughs, with a considerable initial increase from 2013 to 2017, followed by a sharp decline in 2018. A remarkable surge occurred in 2020, the highest in recent years, but this was followed by stabilization from 2021 with constant values up to 2023 at 29. In 2023, the consumption stood at 29 units. The CAGR for the past five years until 2023 was 0.94%.

Future data indicates a flat trend for the next five years, with the forecast showing energy consumption remaining steady at 29 units from 2024 to 2028. Key trends to monitor in the future include technological advancements in energy efficiency, potential regulatory changes, and shifts in industrial activity which could impact these projections.