B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Mexico has the fourth largest market size for recycling of non-metal waste regionally, with demand reaching USD134 million in 2022. Petstar SAPI de CV is the largest company in Mexico, generating 29.2% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 76.8% of total production value in 2022. The total number of companies decreases in 2022, to 1,667 units. The costs of the industry decrease by 4.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 52.6% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 13.8% of total production output. With production value of USD146 million, Mexico accounts for 6.7% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Recycling of Non-metal Waste in Mexico: ISIC 372. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Recycling of Non-metal Waste in Mexico: ISIC 372 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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