Industry & Mining
From The Report: Mexico 2018
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Performance in Mexican industry is heavily dependent on the particular segment in question and its current economic position. The automotive and aeronautics manufacturing sectors, concentrated mostly in the Bajío region of Mexico in the states of Querétaro and Guanajuato, are driving demand for inputs like light-weight polymers, while strong growth in agro-industry across different regions of Mexico is pushing up demand for petrochemicals and chemical fertiliser products. Export growth and the domestic market consolidation of the beer industry are pushing production of barley and malts upwards, contributing to more efficient farming practices and greater agricultural yields. While the mining industry has been suffering from low worldwide commodities prices for over five years, the sector’s growth potential is expected to make a rebound in the coming years. This chapter includes an interview with Guilherme Loureiro, Executive President and CEO, Walmart México.