The market is dominated by foreign suppliers, as imports account for 65.4% of total market size in 2022. Investments drive market demand, with investments representing 76.0% of total demand in 2022. Mexico has the largest market size for machinery for metallurgy regionally, with demand reaching USD1.0 billion in 2022. The total number of companies increases in 2022, to 5,270 units. The costs of the industry increase by 16.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 23.5% of production value in 2022, the highest regionally. With production value of USD300 million, Mexico accounts for 36.4% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Machinery for Metallurgy in Mexico: ISIC 2923. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Metallurgy in Mexico: ISIC 2923 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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