Key Market Indicators
Mexico's energy consumption is expected to reach 6.94 exajoules by 2026, a slight 0.3% decrease from 2021's 6.79 exajoules. Since 1970, energy demand has dropped by an average of 2.8% year-on-year. In 2021, it was placed 15th, overtaken by the United Kingdom's 6.79 exajoules. The United States, India and Russia were ranked 2nd, 3rd and 4th respectively. Meanwhile, the country's energy supply is forecast to reach 170.93 million tonnes of oil equivalent by 2026, a 0.3% year-on-year average decrease from 2021's 169.13 million tonnes. Since 1976, Mexican energy supply has decreased by 1.8% year-on-year. It was 14th in 2021, surpassed by France's 169.13 million tonnes. The United States, India and Russia ranked 2nd, 3rd and 4th respectively.
