The market is dominated by domestic suppliers, as imports account for 10.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Mexico has the second largest market size for quarrying of stone, sand and clay regionally, with demand reaching USD6.8 billion in 2022. Mexichem SAB de CV is the largest company in Mexico, generating 4.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 12.0% of total production value in 2022. The total number of companies increases in 2022, to 36,285 units. The costs of the industry increase by 20.7% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 64.1% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 8.7% of total production output. With production value of USD5.9 billion, Mexico accounts for 20.1% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in Mexico: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in Mexico: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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