The market is dominated by domestic suppliers, as imports account for 28.7% of total market size in 2022. B2B drives market demand, with B2B spending representing 92.6% of total demand in 2022. Mexico has the second largest market size for weapons and ammunition regionally, with demand reaching USD508 million in 2022. Industrias Tecnos SA de CV is the largest company in Mexico, generating 3.9% of the industry’s total production value in 2022. The industry is fragmented, with the top three companies generating 4.7% of total production value in 2022. The total number of companies decreases in 2022, to 3,408 units. The costs of the industry increase by 13.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.1% of production value in 2022, the third highest regionally. The industry’s exports share decreases in 2022 to 26.1% of total production output. With production value of USD297 million, Mexico accounts for 20.8% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in Mexico: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in Mexico: ISIC 2927 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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