The Gross Value Added (GVA) for Mexico's Water Collection, Treatment, and Supply sector has consistently increased from 2013 to 2023, standing at 74.68 billion Mexican Pesos in 2023. The year-on-year variation showed high growth initially, peaking at 10.95% in 2016, but has since stabilized, recording a 3.84% growth rate in 2023. The annual average growth rate (CAGR) over the last five years stands at 3.4%. Future projections from 2024 through 2028 indicate a slower but stable growth trajectory, with a forecasted five-year CAGR of 2.47%, leading to an overall five-year growth rate of 12.99%.
Future Trends to Watch For:
• Continued investment in infrastructure to support growing urban populations.
• Increased focus on sustainable and efficient water management practices due to environmental concerns.
• Technological advancements in water treatment and supply systems.
• Regulatory changes in water usage and tariff structures.
• Potential impacts of climate change affecting water supply and treatment needs.
