The market is dominated by domestic suppliers, as imports account for 23.0% of total market size in 2022. Households drive market demand, with household spending representing 82.5% of total demand in 2022. Mexico has the 10th largest market size for pasta and noodles regionally, with demand reaching USD152 million in 2022. Barilla México SA de CV is the largest company in Mexico, generating 1.9% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 2.5% of total production value in 2022. The total number of companies decreases in 2022, to 2,892 units. The costs of the industry increase by 17.2% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 41.2% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 33.2% of total production output. With production value of USD139 million, Mexico accounts for 2.0% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Pasta and Noodles in Mexico: ISIC 1544. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pasta and Noodles in Mexico: ISIC 1544 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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