Hobby & Leisure market in Mexico
The Mexican Hobby & Leisure eCommerce market is predicted to reach US$8,348.1 million by 2024 and accounts for 21.1% of the total eCommerce market in Mexico. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 22.7%, resulting in a projected market volume of US$18,902.5 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Pet Supplies, Stationery, Crafts & Art Supplies, Toys, Bullion & Precious Metal, Camping & Adventure, Musical Instruments, Flowers & Gifts, Other Hobby & Leisure, Erotic & Adult, and Smoking Supplies.
Monthly revenues
Monthly eCommerce revenues in the Mexican Bullion & Precious Metal market
The monthly eCommerce revenue of the Mexican Bullion & Precious Metal market was US$37 million in October 2024. This refers to a growth of 31.0% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in December 2023 with 10.2% of the total 2023 revenue of the Mexican Bullion & Precious Metal market and the lowest in September 2024 with 6.4% of the total 2024 revenue.
Revenue Last Month
US$36.8m
The eCommerce revenue grew by 31.0% from September 2024 to October 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 78.6 | 71.6 | 54.8 | 2.9 | 43.7 | 34.7 | 98.9 | 56.6 | 46.5 | 88.0 | 89.3 | 59.9 |
Market development
eCommerce revenue development in the Bullion & Precious Metal market in Mexico
The Mexican Bullion & Precious Metal eCommerce market is predicted to reach US$438.3 million by 2024 and accounts for 5.3% of the Hobby & Leisure eCommerce market in Mexico. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 27.5%, resulting in a projected market volume of US$1,157.2 million by 2028. The Bullion & Precious Metal eCommerce market is a sub-market of the Hobby & Leisure market. Further categories within the Hobby & Leisure market are: Camping & Adventure, Erotic & Adult, Flowers & Gifts, Media, Musical Instruments, Other Hobby & Leisure, Pet Supplies, Smoking Supplies, Sports Equipment, Stationery, Crafts & Art Supplies, and Toys.
eCommerce revenue development in the Bullion & Precious Metal market in Mexico
eCommerce revenue growth in the Bullion & Precious Metal market in Mexico
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 55.6 | 28.6 | 94.1 | 86.7 | 14.6 | 2.1 | 66.7 | 3.7 |
Top stores
Top five Bullion & Precious Metal online stores in Mexico by net sales 2023
With sales in the Mexican Bullion & Precious Metal market, silveragecoins.com generated a revenue of US$0.2 million in 2023, which means it is the leading online store in this market. The Bullion & Precious Metal ranking of Mexico is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.
eCommerce net sales generated in the Bullion & Precious Metal market in Mexico in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
Market definition
Definition of the Bullion & Precious Metal market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Bullion & Precious Metal In the category Bullion & Precious Metal digital channels are used to sell a variety of products, including bars and coins made out of gold, silver, platinum or palladium and storage solutions. Not part of the category are jewelry and watches and precious metal investment services. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Bars and coins made out of gold, silver, platinum or palladium
- Storage solutions
Out-of-scope
- Jewelry and watches
- Precious metal investment services
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