Latin America and the Caribbean: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2024

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Latin America and the Caribbean

The Latin American market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s was estimated at $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2023.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Latin America and the Caribbean

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of hit record highs at $X in 2021; afterwards, it flattened through to 2023.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports in Latin America and the Caribbean

In 2023, overseas shipments of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. Total exports indicated moderate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s shrank to $X in 2023. Overall, exports, however, enjoyed a measured increase. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Brazil (X tons) and Colombia (X tons) represented roughly X% of total exports in 2023. El Salvador (X tons) ranks next in terms of the total exports with a X% share, followed by Mexico (X%), Guatemala (X%) and Cuba (X%). Peru (X tons) held a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Guatemala (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) supplying countries in Latin America and the Caribbean were Brazil ($X), Colombia ($X) and El Salvador ($X), together comprising X% of total exports. Mexico, Guatemala, Cuba and Peru lagged somewhat behind, together accounting for a further X%.

Guatemala, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while Cuba ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other leaders experienced more modest paces of growth.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports in Latin America and the Caribbean

In 2023, after two years of growth, there was decline in purchases abroad of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, when their volume decreased by X% to X tons. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s dropped to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, Mexico (X tons), distantly followed by Uruguay (X tons), Guatemala (X tons), El Salvador (X tons) and the Dominican Republic (X tons) were the major importers of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, together achieving X% of total imports. Honduras (X tons), Trinidad and Tobago (X tons), Ecuador (X tons), Paraguay (X tons), Chile (X tons), Argentina (X tons), Nicaragua (X tons) and Colombia (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Guatemala (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total imports. It was followed by El Salvador, with an X% share.

In Mexico, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and El Salvador (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, with a decrease of X% against the previous year. Import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, import price for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per ton), while Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nicaragua (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform