Forecast: Production of Transportation and Warehousing in Mexico

The production of Transportation and Warehousing in Mexico has shown a robust upward trend from 2013 to 2023, increasing from 1.7447 trillion Mexican pesos to 3.0279 trillion Mexican pesos. This indicates a significant growth sustained over the years, with noticeable peaks and troughs. The sector faced a downturn in 2020 due to a -13.77% decline, likely affected by the global pandemic. However, there was a swift recovery in 2021 with a 24.9% increase. In 2023, the sector stood at 3.0279 trillion Mexican pesos, reflecting a 3.29% year-on-year growth. The 5-year CAGR at 3.29% shows moderate growth. Forecasts suggest continued but slower growth with a 5-year CAGR of 2.42%, reaching 3.531 trillion pesos in 2028.

Key future trends to watch for include:

- Technological innovations and their integration into logistics and warehousing.

- Policy changes affecting trade and commerce.

- Green initiatives and the shift towards sustainable transportation methods.