The market is dominated by foreign suppliers, as imports account for 51.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 92.6% of total demand in 2022. Mexico has the third largest market size for forming of metal and powder metallurgy regionally, with demand reaching USD652 million in 2022. Troqueladora Batesville De México S De RL De CV is the largest company in Mexico, generating 3.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 8.1% of total production value in 2022. The total number of companies decreases in 2022, to 11,157 units. The costs of the industry increase by 17% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 28.1% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 76.4% of total production output. With production value of USD1.2 billion, Mexico accounts for 23.4% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Forming of Metal and Powder Metallurgy in Mexico: ISIC 2891. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Forming of Metal and Powder Metallurgy in Mexico: ISIC 2891 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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