According to GlobalData, Mexico is the world’s sixth-largest producer of zinc in 2023, with output down by 9.58% on 2022. Over the five years to 2022, production from Mexico increased by a CAGR of 2% and is expected to rise by a CAGR of 4% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Zinc Mining to 2030 report. Buy the report here.

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Mexico accounts for 5% of global production, with the largest producers being China, Peru, Australia and India. Exports of zinc from Mexico declined by 9.59% in 2023 over 2022, with the highest share being exported to the Republic of Korea. Mexico’s zinc exports are expected to grow at a CAGR of 3.61% between 2023 and 2027.

Leading producers of zinc in Mexico are Industrias Penoles, Newmont, Grupo Mexico, Minera Frisco, Pan American Silver and Hecla Mining. During 2020-2021, Industrias Penoles's output was down by 2%, Newmont's output decreased by 13%, while output from Grupo Mexico decreased by 10%.

For more detailed analysis of global zinc mining, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.