According to GlobalData, Mexico is the world’s fifth-largest producer of zinc in 2022, with output up by 3% on 2021. Over the five years to 2021, production from Mexico increased by a CAGR of 3% and is expected to rise by a CAGR of 3% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Zinc Mining to 2026 report. Buy the report here.
Mexico accounts for 6% of global production, with the largest producers being China, Peru, Australia and India. Exports of zinc from Mexico increased by 3% in 2022 over 2021, with the highest share being exported to the Republic of Korea. Mexico’s zinc exports are expected to grow at a CAGR of 3% between 2022 and 2026.
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 5%, Newmont's output increased by 14%, while output from Grupo Mexico decreased by 3%.
For more detailed analysis of global zinc mining, buy the report here.