The volume of rail passenger transport in Mexico exhibited significant fluctuations over the past decade. From 2013 to 2019, the sector grew steadily, peaking in 2017 but then experienced a noticeable drop in 2020 and 2021 due to the pandemic. A remarkable rebound occurred in 2022, and by 2023, the volume stood at 1.68 Billion Passenger Kilometers, reflecting a year-on-year increase of 19.09% and a 5-year CAGR of 1.05%. Forecasts suggest a steady growth with the volume expected to reach 1.93 Billion Passenger Kilometers by 2028, representing a 5-year CAGR of 2.23%.
Future trends to watch for:
- Impact of infrastructure investments on rail network expansion.
- Shifts in commuter behavior and preferences post-pandemic.
- Integration of technological advancements to enhance service efficiency.
- Environmental regulations and their effect on transport policies.
