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.
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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