Ecuador: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Ecuador

The Ecuadorian paper and paperboard market shrank to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Paper and paperboard consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Paper And Paperboard Production in Ecuador

In value terms, paper and paperboard production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Paper and paperboard production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Paper And Paperboard Exports

Exports from Ecuador

Paper and paperboard exports from Ecuador fell slightly to X tons in 2022, leveling off at the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded measured growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Colombia (X tons) was the main destination for paper and paperboard exports from Ecuador, with a X% share of total exports. Moreover, paper and paperboard exports to Colombia exceeded the volume sent to the second major destination, Costa Rica (X tons), sevenfold. The third position in this ranking was taken by Peru (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Colombia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Peru (X% per year).

In value terms, Colombia ($X) remains the key foreign market for paper and paperboard exports from Ecuador, comprising X% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Colombia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and Peru (X% per year).

Export Prices by Country

The average paper and paperboard export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Peru ($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 the Dominican Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Ecuador

Paper and paperboard imports into Ecuador fell notably to X tons in 2022, declining by X% against the year before. Over the period under review, imports saw a mild descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, paper and paperboard imports fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Brazil (X tons), China (X tons) and Colombia (X tons) were the main suppliers of paper and paperboard imports to Ecuador, with a combined X% share of total imports. Indonesia, Peru, the United States, Chile, Canada, Finland, Costa Rica, Italy, Austria and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and Colombia ($X) were the largest paper and paperboard suppliers to Ecuador, with a combined X% share of total imports. Indonesia, the United States, Peru, Chile, Italy, Austria, Canada, Finland, Sweden and Costa Rica lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Costa Rica, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average paper and paperboard import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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