From 2013 to 2023, Mexico's production-based CO2 emissions exhibited considerable fluctuations. Emissions decreased from 449.63 MMt in 2013 to 413.65 MMt in 2023, marking a reduction of approximately 8%. The year-on-year variations showcased both increases and declines, peaking at a 17.11% drop in 2020 due to likely pandemic-related disruptions. Noteworthy recovery was seen in 2021 with a 13.37% rise. The 5-year CAGR leading up to 2023 stood at -0.12%, indicating a relatively stable but slightly declining trend.
Looking forward, the forecast from 2024 to 2028 suggests a continuing reduction, with a 5-year forecasted CAGR of -0.91%. Key future trends to watch include potential policy changes, industrial advancements, and evolving energy usage patterns, which could significantly impact emissions trajectories.
