Metals & Mining in Mexico

September 2025 | 50 pages | ID: M4DB7964D694EN
MarketLine

Abstracts

Metals & Mining in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The metals & mining industry includes aluminum, steel, iron ore, coal, base metals, and precious metals. Market volume represents production volume, and market value is calculated by multiplying market volume by production price.
• The Mexican metals & mining industry recorded revenues of $41,778.2 million in 2024, representing a compound annual growth rate (CAGR) of 5.2% between 2019 and 2024.
• The production volumes declined with a negative CAGR of 6.5% between 2019 and 2024, reaching a total of 34,818.3 thousand tonnes in 2024.
• In 2024, the Mexican metals & mining industry experienced annual growth of 4.5%.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the metals & mining market in Mexico
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the metals & mining market in Mexico
• Leading company profiles reveal details of key metals & mining market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Mexico metals & mining market with five year forecasts

Reasons to Buy

• What was the size of the Mexico metals & mining market by value in 2024?
• What will be the size of the Mexico metals & mining market in 2029?
• What factors are affecting the strength of competition in the Mexico metals & mining market?
• How has the market performed over the last five years?
• What are the main segments that make up Mexico's metals & mining market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What have been the most recent market developments?

8 COMPANY PROFILES

8.1. Industrias Penoles SAB de CV
8.2. Grupo Mexico SAB de CV
8.3. Southern Copper Corp
8.4. Fresnillo Plc

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Mexico metals & mining industry value: $ million, 2019-24
Table 2: Mexico metals & mining industry volume: thousand Tonnes, 2019-24
Table 3: Mexico metals & mining industry category segmentation: % share, by value, 2019-24
Table 4: Mexico metals & mining industry category segmentation: $ million, 2019-24
Table 5: Mexico metals & mining industry geography segmentation: $ million, 2024
Table 6: Mexico metals & mining industry value forecast: $ million, 2024-29
Table 7: Mexico metals & mining industry volume forecast: thousand Tonnes, 2024-29
Table 8: Industrias Penoles SAB de CV: Key Facts
Table 9: Industrias Penoles SAB de CV: Annual Financial Ratios
Table 10: Industrias Penoles SAB de CV: Key Employees
Table 11: Industrias Penoles SAB de CV: Key Employees Continued
Table 12: Grupo Mexico SAB de CV: Key Facts
Table 13: Grupo Mexico SAB de CV: Annual Financial Ratios
Table 14: Grupo Mexico SAB de CV: Key Employees
Table 15: Grupo Mexico SAB de CV: Key Employees Continued
Table 16: Southern Copper Corp: Key Facts
Table 17: Southern Copper Corp: Annual Financial Ratios
Table 18: Southern Copper Corp: Key Employees
Table 19: Fresnillo Plc: Key Facts
Table 20: Fresnillo Plc: Annual Financial Ratios
Table 21: Fresnillo Plc: Key Employees
Table 22: Mexico Size of Population (Million), 2020-24
Table 23: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 25: Mexico Inflation, 2020-24
Table 26: Mexico Consumer Price Index (Absolute), 2020-24
Table 27: Mexico Exchange Rate, 2019-24

List Of Figures

LIST OF FIGURES

Figure 1: Mexico metals & mining industry value: $ million, 2019-24
Figure 2: Mexico metals & mining industry volume: thousand Tonnes, 2019-24
Figure 3: Mexico metals & mining industry category segmentation: $ million, 2019-24
Figure 4: Mexico metals & mining industry geography segmentation: % share, by value, 2024
Figure 5: Mexico metals & mining industry value forecast: $ million, 2024-29
Figure 6: Mexico metals & mining industry volume forecast: thousand Tonnes, 2024-29
Figure 7: Forces driving competition in the metals & mining industry in Mexico, 2024
Figure 8: Drivers of buyer power in the metals & mining industry in Mexico, 2024
Figure 9: Drivers of supplier power in the metals & mining industry in Mexico, 2024
Figure 10: Factors influencing the likelihood of new entrants in the metals & mining industry in Mexico, 2024
Figure 11: Factors influencing the threat of substitutes in the metals & mining industry in Mexico, 2024
Figure 12: Drivers of degree of rivalry in the metals & mining industry in Mexico, 2024