The production volumes of road transport and pipeline transport in Mexico stood at 1.8121 Trillion Mexican Pesos in 2023. Over the last two years, the variations indicated a year-on-year increase of 1.66% in 2022 and 1.6% in 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 was 1.65%, indicating a modest but steady growth trend.
Looking at historical data, production volumes experienced a steady rise from 2013 to 2019, followed by a notable dip in 2020 due to external disruptions. Recovery commenced in 2021 with a significant uptick, stabilizing in the subsequent years.
Forecast data suggests continued growth, with a 5-year CAGR projected at 1.25% from 2024 to 2028, and an overall growth rate of 6.4% by 2028.
Future trends to watch for include technological advancements in transport infrastructure, policy changes influencing transport sectors, and economic factors impacting demand and supply dynamics. Environmental regulations and sustainability initiatives will also play a critical role in shaping the industry’s trajectory.
