Cigarette making in Mexico
Around 14 businesses are registered in the activity of Cigarette making in the country, with MXN $21,000 millions in estimated annual revenue.
A market research study developed by MarketDataMexico provides interesting details about the performance of the Cigarette making market in Mexico, where 14 establishments operate in this activity nationwide.
The report prepared by MarketDataMexico explains that five businesses concentrate around 98% of the estimated total annual total revenue. BRITISH AMERICAN TOBACCO MEXICO SA de CV, PHILIP MORRIS CIGATAM PRODUCTOS y SERVICIOS S de RL de CV y BRAXICO MANUFACTURING, SA de CV are three of the top players.
Performance by State: Nuevo Leon leads the business
Most of the revenue in this activity is generated in Nuevo Leon, with MXN $5,000 millions in estimated annual revenue. In the second place is Jalisco, with MXN $5,000 millions, and in third place, Baja California, with MXN $4,900 millions.
What products are manufactured by these businesses?
Some of the products fabricated in these establishments are: CIGARETTES, CIGARS SNUFF IMITATION, CIGARS y [TAGS_COMMODITIES_EN.3], among others.
Annual expenses of these establishments
When the expenses incurred annually by these businesses are analyzed in detail, it is observed that they allocate around MXN $4,200 millions to various expenses, such as, for example, income and rental of movable and immovable property, in what they normally allocate, on average, around MXN $18 millions. In electricity consumption they disburse an approximate of MXN $47 millions, while for fuel and lubricant consumption they allocate each year around MXN $15 millions.
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