The market is dominated by domestic suppliers, as imports account for 49.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 98.8% of total demand in 2022. Mexico has the fourth largest market size for mining of coal and lignite regionally, with demand reaching USD1.1 billion in 2022. Minera del Norte SA de CV is the largest company in Mexico, generating 41.2% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 41.9% of total production value in 2022. The total number of companies increases in 2022, to 1,171 units. The costs of the industry increase by 10.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 28.8% of production value in 2022, the highest regionally. With production value of USD514 million, Mexico accounts for 3.5% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Coal and Lignite in Mexico: ISIC 10. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Coal and Lignite in Mexico: ISIC 10 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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