PLASTIMAGEN is the most comprehensive exhibition and trade fair for plastic machinery, equipment, and materials in Mexico, providing a unique communication platform for the plastic industry in Mexico and the entire North American region. The exhibition in 2023 is the 24th edition and was successfully held from November 7th-10th, 2023 at the Centro Banamex in Mexico City. The exhibition covers an area of 40000 square meters, with 870 exhibitors and over 60000 buyers and visitors, There are no empty seats indoors or outdoors in the venue, and stalls have been set up in the corridors and tents to meet the booking demand ; The exhibition has achieved excellent results, with the exhibition halls divided into ABCDE and Tent Building. 70% of exhibitors confirm rebooking of locations for 2025 on site.
 
The participating countries include US, China, Japan, Vietnam, Thailand, Italy, Austria, Spain, Switzerland, Türkiye, Denmark, Brazil, Argentina, France, Germany, South Korea, Hong Kong and Taiwan, and local Mexican enterprises. The number of Chinese exhibitors in this edition is the highest comparing to previous.
 
 
Market analysis
Mexico is located at the southernmost point of North America and is a member of the North American Free Trade Area. It has implemented a zero tariff policy with neighboring countries such as the United States and Canada, thus laying a solid foundation for Mexico's development. The North American region mainly focuses on plastic and packaging production, with plastic packaging product sales reaching around 43 billion US dollars, accounting for 33% of the world's plastic market share. The United States has always been the world's leader in plastic production, and due to its proximity to the United States, many American plastic packaging production companies have chosen to relocate to low-cost Mexico, which has played a positive role in promoting Mexico's plastic industry.
 
The plastic products industry in Mexico has also experienced structural adjustments and product upgrades, and the support of plastic molds for the market will also meet new opportunities for development. Currently, Mexico's demand is mainly for equipment, the injection molding machines possess sales advantages. At the same time, specialized equipment for medical treatment and consumption goods also has great development space. China is the second largest source of imports and exports for Mexico, after the United States. In recent years, the import volume has shown an upward trend, with a continuously increasing proportion and definitely a good momentum.
 
 
 
 
 
Mexico is the second largest plastic consumption market in Latin American countries and the "backyard" of the United States. During the pandemic period, Mexico was the largest exporter to the United States, with high quality customers and high-quality product and preferential prices. Mexico is the 12th largest plastic consumer market in the world, with an average annual consumption of 6.235 million tons of plastic. Currently, there are approximately 5500 plastic companies in Mexico (85% of which are small or micro companies) employing 185000 people, processing 5 million tons of plastic products annually; About 53% of its plastic products are used for bottle or packaging purposes, while other products are widely used in construction, furniture, toys, and agriculture. Due to Mexico's low-cost advantage, many plastic processing companies have moved to Mexico, which has played a active role in promoting the growth of Mexico's plastic industry. Between 2010 and 2050, Mexico's average annual economic growth was 3% -5%, and it is expected to become the 8th largest economy in the world.
 
 
 
 
Mexico City, as the capital of Mexico, is the most populous metropolitan area in the Americas. It concentrates about half of the country's industrial, commercial, service, and banking institutions, and is the political, economic, cultural, and transportation center of the country.
 
China is Mexico's second largest trading partner, and Mexico is China's second largest trading partner in Latin America. According to the data released by the Mexican government, the bilateral trade volume between China and Mexico reached 128.7 billion US dollars in 2022, which not only enables Mexico to recover from the setback of the COVID-19 epidemic, but also enables it to obtain new development momentum through economic complementarity. In the past decade since the establishment of a comprehensive strategic partnership between China and Mexico, Mexico's exports to China have almost doubled, from $6.17 billion in 2013 to $10.7 billion in 2022.
 
The import and export volume of the United States from Mexico has increased by 5% year-on-year. In contrast, China has a surplus red line with most other emerging countries, and more and more Chinese export products are flowing to Latin America. Mexico's trade volume has maintained a growth trend in 2023. In the past few years, due to rising costs and the impact of tariffs, many Chinese companies have set up factories in Mexico, although gradually increasing the proportion of localized procurement, But many key components still need to be imported from China. These imported parts from China are processed into finished products in Mexico and exported to the United States, achieving a certain degree of indirect export.
 
 
 
Crisis and opportunity coexist, and the trade stage is in constantly catching up with each other, constantly enhancing international competitiveness. Trade chain restructuring, new trade order manufacturing center - Mexico, looking forward to meet you at the 25^th edition of PLASTIMAGEN.
 
Preview of next edition
 
Exhibition date：March 11th-14th, 2025
Exhibition venue：Centro Banamex
 
Official agent：Shanghai Melink International Exhibition Co.,Ltd
E-mail：marketing@melinkfairs.com
website：www.melinkfairs.cn
Contact: Violin
Contact number：19313013533
 
 
 
 
A Glimpse of our Exhibition Group