The market is dominated by foreign suppliers, as imports account for 58.2% of total market size in 2022. Households drive market demand, with household spending representing 77.0% of total demand in 2022. Mexico has the second largest market size for wines and cider regionally, with demand reaching USD1.9 billion in 2022. Comercializadora de Vinos Alianza SA de CV is the largest company in Mexico, generating 18.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 28.8% of total production value in 2022. The total number of companies increases in 2022, to 4,921 units. The costs of the industry increase by 17.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 40.0% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 57.8% of total production output. With production value of USD1.0 billion, Mexico accounts for 10.4% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Wines and Cider in Mexico: ISIC 1552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wines and Cider in Mexico: ISIC 1552 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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