The volume of rail freight transport in Mexico has shown a steady increase over the past decade, rising from 77.72 billion tonne-kilometers in 2013 to 94.6 billion in 2023. Notably, 2023 exhibited a year-on-year growth of 1.16%, consistent with the rate observed in 2022. The Compound Annual Growth Rate (CAGR) over the last five years reached 1.47%, reflecting moderate but persistent growth despite a notable dip in 2020 due to external factors. Moving forward, the expected five-year CAGR from 2024 to 2028 is 0.86%, suggesting sustained, albeit slower, growth with a projected volume of 99.89 billion tonne-kilometers by 2028.
Future trends to watch for include:
- Infrastructure investments and upgrades to improve rail logistics efficiency.
- Environmental regulations pushing towards more sustainable transport modes.
- Potential impacts of technological advancements such as autonomous trains.
- Economic conditions influencing trade volumes and rail freight demand.
