The market is dominated by domestic suppliers, as imports account for 44.0% of total market size in 2020. B2B drives market demand, with B2B spending representing 93.4% of total demand in 2020. Mexico has the third largest market size for forming of metal and powder metallurgy in the region, with demand reaching USD511 million in 2020. Troqueladora Batesville De México S De RL De CV is the largest company in Mexico, generating 4.0% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 9.3% of total production value in 2020. The total number of companies decreases in 2020, to 4,797 units. The costs of the industry decrease by 17.4% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 22.0% of production value in 2020, the highest in the region. The industry’s exports share increases in 2020 to 66.0% of total production output. With production value of USD689 million, Mexico accounts for 22.8% of the Latin America total in 2020.
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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
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