The total primary energy supply in Mexico stood at 177.23 Million Tonnes of Oil Equivalent (Mtoe) in 2023. Forecasted data shows a steady year-on-year increase from 179.09 Mtoe in 2024 to 182.33 Mtoe in 2028, representing slight but consistent growth. The year-on-year variation rates for 2025, 2026, 2027, and 2028 are 0.48%, 0.46%, 0.44%, and 0.42%, respectively. The compound annual growth rate (CAGR) over the next five years is 0.57%, highlighting a gradual but stable rise in energy supply.
Future trends to watch for:
- Increasing adoption of renewable energy sources.
- Government policy changes affecting energy production and consumption.
- Technological advancements in energy efficiency.
- Potential impacts of global energy market volatility.
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