The Value Added of Water Collection, Treatment, and Supply in Mexico has shown significant growth over the years from 2013 to 2023, increasing from 53.14 billion MXN to 91.56 billion MXN. Year-on-year variations illustrate both growth and contraction, with notable peaks in 2016 and 2021 at 10.82% and 18.76%, respectively. A decline was observed in 2020 with a year-on-year variation of -13.69%, likely impacted by the COVID-19 pandemic. The last two years showed stable growth with an 18.76% increase in 2021 and a 9% increase in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at 3.47%.
Future trends indicate continued growth in this sector, with forecasts predicting a value of 106.87 billion MXN by 2028. The forecasted five-year CAGR is 2.48%, suggesting a more moderate but steady increase compared to historical growth.
Future trends to watch for:
- Population growth and urbanization driving demand for water
- Investments in infrastructure and technology for water treatment
- Environmental policies and regulations impacting the sector
- Potential impacts of climate change on water resources