The market is dominated by domestic suppliers, as imports account for 6.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 51.3% of total demand in 2022. Mexico has the second largest market size for forestry regionally, with demand reaching USD2.7 billion in 2022. The total number of companies decreases in 2022, to 49,313 units. The costs of the industry increase by 14.4% in 2022, largely driven by rising labour costs. The industry’s profitability increases and stands at 79.9% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 3.4% of total production output. With production value of USD2.2 billion, Mexico accounts for 13.1% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Forestry in Mexico: ISIC 2. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forestry in Mexico: ISIC 2 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.
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