Argentina: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Argentina

In 2022, the Argentinian other papers packaging market increased by 24% to $X, rising for the fourth consecutive year after three years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; afterwards, it flattened through to 2022.

Other Papers Packaging Production in Argentina

In value terms, other papers packaging production amounted to $X in 2022 estimated in export price. In general, production recorded a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 22%. Other papers packaging production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Other Papers Packaging Exports

Exports from Argentina

In 2022, after three years of growth, there was significant decline in overseas shipments of other papers packaging, when their volume decreased by -29.8% to X tons. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 147%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, other papers packaging exports contracted remarkably to $X in 2022. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 170% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X tons) was the main destination for other papers packaging exports from Argentina, with a 73% share of total exports. Moreover, other papers packaging exports to the Dominican Republic exceeded the volume sent to the second major destination, Paraguay (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to the Dominican Republic amounted to -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-1.2% per year) and the UK (0.0% per year).

In value terms, the Dominican Republic ($X) emerged as the key foreign market for other papers packaging exports from Argentina, comprising 61% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Dominican Republic totaled -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-0.8% per year) and the UK (0.0% per year).

Export Prices by Country

The average other papers packaging export price stood at $X per ton in 2022, dropping by -2.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9.3%. As a result, the export price attained the peak level of $X per ton, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Other Papers Packaging Imports

Imports into Argentina

For the fourth year in a row, Argentina recorded growth in supplies from abroad of other papers packaging, which increased by 44% to X tons in 2022. Overall, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, other papers packaging imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest other papers packaging supplier to Argentina, with a 49% share of total imports. Moreover, other papers packaging imports from Brazil exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Colombia (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.8% per year) and Colombia (+4.5% per year).

In value terms, the largest other papers packaging suppliers to Argentina were Brazil ($X), Italy ($X) and Colombia ($X), with a combined 92% share of total imports.

Brazil, with a CAGR of +12.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, picking up by 35% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +51.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Colombia ($X per ton), while the price for Germany ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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