The groundwater abstraction in Mexico has exhibited a steady upward trend from 2013 to 2023, peaking at 36.67 Billion Cubic Meters in 2023. Examining the annual variations, the year-on-year growth reached its highest at 8.34% in 2014 and has seen moderate increases since, with recent years showing more stable growth. The compound annual growth rate (CAGR) over the last five years has stabilized around 1.03%, indicating a consistent albeit modest rise in groundwater abstraction.
Forecasts for 2024 and beyond project a continuation of this trend, expecting an increase to 38.97 Billion Cubic Meters by 2028. The forecasted five-year CAGR stands slightly lower at 0.97%, highlighting a potential slowdown in the growth rate.
Future trends to watch for:
- Potential impacts of climate change on groundwater resources.
- Policy changes aimed at sustainable water management practices.
- Technological advancements in water conservation and infrastructure.