The market is dominated by domestic suppliers, as imports account for 23.2% of total market size in 2023. B2B drives market demand, with B2B spending representing 97.9% of total demand in 2023. Mexico has the third largest market size for mining of coal and lignite regionally, with demand reaching USD891 million in 2023. Minera del Norte SA de CV is the largest company in Mexico, generating 39.9% of the industry’s total production value in 2023. The industry is fragmented, with the top two companies generating 40.5% of total production value in 2023. The total number of companies decreases in 2023, to 1,022 units. The costs of the industry increase by 17.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 33.1% of production value in 2023, the highest regionally. With production value of USD595 million, Mexico accounts for % of the Latin America total in 2023.
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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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