Other Fabricated Metal Product Manufacturing in Mexico - Industry Market Research Report

Heavy metal: Increased industrial activity and construction activity have boosted demand for the industry

Other Fabricated Metal Product Manufacturing in Mexico
The Other Fabricated Metal Product Manufacturing industry in Mexico manufactures a variety of fabricated metal products not classified within other industries, including metal valves, bearings, rolling-element bearings and other metal products. The industry has grown over the five years to 2019, as increased industrial activity and construction activity have boosted demand for industry products. Increases in both the world price of steel and the world price of aluminum during the current period enabled operators to raise their selling prices, which further boosted industry revenue. However, despite this growth in industry revenue, volatility in input prices is expected to reduce industry profit margins during the current period. This will, in turn, reduce industry participation, as smaller and less-established operators are not as able to weather the combined strain of volatility in their cost structure and reduced margins. Industry growth is expected to slow down somewhat during the five-year period to 2024. A slowdown in the depreciation of the peso is expected to dampen trade conditions somewhat, resulting in exports growing at a slower rate than during the current period. This industry is comprised of establishments engaged in manufacturing metal valves, bearings, rolling-element bearings, metal sheets and other metal products. Establishments that manufacture fittings and locks for safes are excluded from this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.