Mexico Freight Transport Report Q1 2016
BMI View: We forecast positive growth across Mexico's freight sector in 2016, with the rail mode showingthe rosiest signs of growth both in 2016 and in the medium term to 2019. While our forecasts showsignificant drops in indicators such as real trade growth from 2015 to 2016, growth remains positive andkey macroeconomic figures such as real GDP and GDP per capita growth are on a solid upward trajectory,which will filter through the increasingly powerful Mexican consumer to continue driving the economy andfreight sector volumes.
Mexico's freight sector stands to benefit from a boosted economy and healthy, albeit modest, growth figuresin road, rail and air freight tonnage. Rail freight will be the highest-performing mode to 2019, as well asleading the way in 2016, although it should be noted that drops in y-o-y growth in 2016 come off the backof higher growth rates in 2015 than previous years. Although these small surges will not be replicated in2016, continued positive growth in the short and medium term suggests the gains made in 2015 havecreated a solid foundation for subsequent expansion in all freight modes.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook