Production volumes of water collection, treatment, and supply in Mexico show overall growth from 2013 to 2023, standing at 116.46 billion Mexican Pesos in 2023. Notable fluctuations include a significant dip in 2020 (-15.69%) and a robust recovery in 2021 (16.2%), with recent growth stabilizing to a 1.42% increase in 2023. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 1.44%.
Forecasts predict gradual but steady increases from 2024 to 2028, with a 2028 projected value of 124.62 billion Mexican Pesos and a forecasted 5-year CAGR of 1.12%, resulting in a 5.75% cumulative growth rate over the period.
Future trends to watch include:
- Technological advancements in water treatment to increase efficiency.
- Government policies promoting sustainable water management practices.
- Impact of climate change on water resources availability.
- Urbanization pressures increasing demand for water supply infrastructure.