The market is dominated by foreign suppliers, as imports account for 62.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 100.0% of total demand in 2022. Mexico has the largest market size for electronic components, valves and tubes regionally, with demand reaching USD64.2 billion in 2022. Flex Ltd is the largest company in Mexico, generating 12.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 29.2% of total production value in 2022. The total number of companies increases in 2022, to 39,030 units. The costs of the industry increase by 47.8% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 10.3% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 7.0% of total production output. With production value of USD24.1 billion, Mexico accounts for 81.1% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Electronic Components, Valves and Tubes in Mexico: ISIC 321. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electronic Components, Valves and Tubes in Mexico: ISIC 321 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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