Forecast: Sea Container Transport in Mexico

Between 2013 and 2023, the sea container transport in Mexico exhibited steady growth, starting from 4.88 million TEUs in 2013 to reach 7.03 million TEUs in 2023. Significant year-on-year variations included the substantial 12.17% growth in 2017 and the noticeable 9.07% decline in 2020, likely impacted by global disruptions. Over the last two years, growth stabilized with year-on-year increases of 2.83% in 2022 and 2.72% in 2023. Analyzing the period from 2018 to 2023, the sector experienced a compound annual growth rate (CAGR) of 0.13%, showing moderate expansion after earlier rapid growth phases.

Looking ahead from 2024 onwards, projected data indicates a consistent upward trend, with an anticipated CAGR of 1.92% over the next five years, achieving a forecasted volume of 7.94 million TEUs by 2028. This indicates further steady growth within the industry.

Future trends to watch for include:

• Impact of global economic conditions on trade volumes.
• Technological advancements in logistics and their influence on efficiency and capacity.
• Environmental regulations affecting shipping practices and operations.
• Trade policies and agreements influencing import-export dynamics.