According to GlobalData, Mexico is the world’s third-largest producer of lead in 2023, with output up by 6% on 2022. Over the five years to 2022, production from Mexico increased by a CAGR of 3% and is expected to rise by a CAGR of 1% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Lead Mining to 2030 report. Buy the report here.
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Mexico accounts for 6% of global production, with the largest producers being China, Australia, Mexico and the US. Exports of lead from Mexico increased by 6% in 2023 over 2022, with the highest share being exported to the Republic of Korea. Mexico’s lead exports are expected to grow at a CAGR of 1.17% between 2023 and 2027.
Leading producers of lead in Mexico are Industrias Penoles, Newmont, Minera Frisco, Pan American Silver and Hecla Mining. During 2020-2021, Industrias Penoles's output was down by 0.66%, Newmont's output decreased by 16%, while output from Minera Frisco increased by 8%.
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