The market is dominated by domestic suppliers, as imports account for 7.0% of total market size in 2023. Households drive market demand, with household spending representing 85.7% of total demand in 2023. Mexico has the fifth largest market size for fishing regionally, with demand reaching USD2.5 billion in 2023. El Camarón Dorado SA de CV is the largest company in Mexico, generating 1.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 4.6% of total production value in 2023. The total number of companies increases in 2023, to 328,012 units. The costs of the industry increase by 25.9% in 2023, largely driven by rising labour costs. The industry’s profitability decreases and stands at 39.5% of production value in 2023, the 11th highest regionally. The industry’s exports share decreases in 2023 to 11.1% of total production output. With production value of USD2.3 billion, Mexico accounts for 8.8% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Fishing in Mexico: ISIC 5. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fishing in Mexico: ISIC 5 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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