Analyzing the Internal Tourism Consumption of Passenger Transport Supporting Services in Mexico, we observe a fluctuating yet overall upward trend from 2013 to 2023. The consumption values steadily increased from 15.78 billion pesos in 2013 to 34.53 billion pesos in 2023, indicating robust growth despite the sharp decline in 2020 due to the pandemic. The year-on-year changes highlight significant recovery and growth post-2020, with a notable increase of 12.43% in 2023.
Looking ahead, the forecasted data suggests slower yet consistent growth from 2024 to 2028. The 5-year forecasted CAGR stands at 2.71%, projecting modest increases in internal tourism consumption, reaching 41.28 billion pesos by 2028.
- Post-pandemic recovery has been strong with significant year-on-year growth observed in 2021 and 2022.
- The 5-year CAGR post-2023 indicates steady, sustainable growth in the tourism sector.
Future trends to watch for include the impact of technological advancements in transport services and evolving tourist preferences towards sustainable and eco-friendly travel options. Additionally, economic conditions and governmental policies on tourism will significantly influence the sector's growth trajectory.
