This report provides an overview of the chemical production machinery sector in Mexico. Since 2010, this sector has been growing steadily. Even though the global economic crisis slowed imports into Mexico in 2009 with just US19 billion dollars of imports in the sector that year, it has recovered significantly. In 2010, imports reached US26 billion dollars with a growth of 37 percent from the previous year. This sector represents many potential business opportunities for U.S. manufacturers and exporters of machinery and equipment for different chemical industrial applications. Limited availability of specialized technology and equipment in Mexico encourages Mexican businesses to look overseas for suppliers of machinery that will improve their industrial processes.
In Mexico, there are potential business opportunities for machinery and equipment related to manufacturing processes within the chemical industry. The lack of chemical production technology in Mexico creates favorable circumstances for overseas companies that offer new technology, machinery and equipment at competitive prices. Additionally, more and more companies are increasingly aware of the important role that new technologies play in improving chemical production processes and finished products.
The National Association of the Chemical Industry (Aniq) reported that their 220 member companies generate 95 percent of the local production. However, the National Institute of Geography, Information and Statistics (INEGI) report a total number of 4,082 companies in the chemical industry nationwide. This sector in Mexico makes up 11 percent of the manufacturing sector and generates approximately 1.6 percent of GDP and 3 million jobs. ANIQ estimates a three percent growth in 2012. Approximately 34 percent of Mexican chemical companies (1,380) are located in Mexico City and the state of Mexico. Jalisco has 11 percent of the concentration and Nuevo Leon has 9 percent.
The production volume in the chemical sector increased 8 percent from 2010 to 2011. Imports also grew 17 percent while exports decreased by 11 percent. The local consumption increased from 33,275 tons to 40,011 tons in 2011.
Best Prospects and Key Suppliers
Best prospects in the chemical industry include: pumps for liquids, machines and equipment for plants and laboratories, distilling or rectifying plants, centrifuges, filtering, purifying machines, mechanical appliances for projecting, dispersing or spraying liquids, spare parts for crackers, crushers and pulverizers, mixing, kneading, crushing, grinding, screening, sifting, emulsifying or stirring machines, indicator panels, instruments and apparatuses for physical or chemical analysis and liquid meters, among others.
In some sub-sectors, the United States still maintains the majority of the total import market share. However, many European and Asian countries are gaining in the market including Germany, Italy, China, Spain and Taiwan, among others