Latin America and the Caribbean: Paper Machinery Market 2024

Paper Machinery Market Size in Latin America and the Caribbean

The Latin American paper machinery market declined modestly to $X in 2022, approximately reflecting the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X.5B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Paper Machinery Production in Latin America and the Caribbean

In value terms, paper machinery production contracted slightly to $X.5B in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Paper Machinery Exports

Exports in Latin America and the Caribbean

In 2022, paper machinery exports in Latin America and the Caribbean rose sharply to X units, growing by X% compared with the year before. Overall, exports, however, showed a sharp downturn. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, paper machinery exports rose significantly to $X in 2022. Over the period under review, exports, however, recorded a dramatic slump. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Colombia (X units), generating a X% share of total exports. Mexico (X units), Ecuador (X units) and Peru (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to paper machinery exports from Brazil stood at X%. At the same time, Peru (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Ecuador (X%), Colombia (X%) and Mexico (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.), Mexico (X p.p.), Ecuador (X p.p.) and Peru (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest paper machinery supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

In Brazil, paper machinery exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Mexico (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, approximately equating the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced a decline in the export price figures.

Paper Machinery Imports

Imports in Latin America and the Caribbean

In 2022, after three years of decline, there was significant growth in supplies from abroad of machinery for making paper or paperboard, when their volume increased by X% to X units. In general, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper machinery imports soared to $X in 2022. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil was the main importing country with an import of about X units, which amounted to X% of total imports. It was distantly followed by Guatemala (X units), Colombia (X units) and Mexico (X units), together generating a X% share of total imports. The following importers - Venezuela (X units), Bolivia (X units) and Argentina (X units) - each resulted at a X% share of total imports.

Brazil was also the fastest-growing in terms of the machinery for making paper or paperboard imports, with a CAGR of X% from 2012 to 2022. At the same time, Guatemala (X%), Venezuela (X%), Colombia (X%), Bolivia (X%), Argentina (X%) and Mexico (X%) displayed positive paces of growth. While the share of Brazil (X p.p.) and Guatemala (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bolivia (X p.p.), Argentina (X p.p.) and Mexico (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported machinery for making paper or paperboard in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Guatemala (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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