Between 2013 and 2023, coal rents in Mexico, expressed as a unit of GDP, generally displayed a downward trend with occasional increases. From 2013's higher base, values steeply declined until 2015, slightly recovering in the subsequent years. Notable year-on-year fluctuations include -33.56% in 2013, -25% in 2014, and -50.64% in 2015. In recent years, there have been more moderate variations, such as -38.92% in 2019, -27.67% in 2020, and a recovery of 44.82% in 2021. By 2023, coal rents marginally increased by 5.86%, yet still remained much lower compared to earlier years. The Compound Annual Growth Rate (CAGR) over the most recent five-year period was -6.65%, indicating an overall decline.
Forecasts from 2024 to 2028 predict steadiness, with values remaining constant and no anticipated growth or decline. This suggests a period of stabilization for coal rents in the Mexican GDP.
Future trends to watch for:• The impact of global energy transitions to renewables on coal demand.• Legislative changes affecting the coal industry in Mexico.• Economic shifts influencing GDP composition towards more sustainable energy sectors.• Technological advancements in energy efficiency and carbon capture.
