Latin America and the Caribbean: Market for Paper other than Graphic, Packaging or Tissue 2024

Market Size for Paper other than Graphic, Packaging or Tissue in Latin America and the Caribbean

In 2022, the Latin American market for paper other than graphic, packaging or tissue decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption saw a mild slump. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Paper other than Graphic, Packaging or Tissue in Latin America and the Caribbean

In value terms, production of paper other than graphic, packaging or tissue reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Paper other than Graphic, Packaging or Tissue

Exports in Latin America and the Caribbean

In 2022, shipments abroad of paper other than graphic, packaging or tissue increased by X% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a measured expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of paper other than graphic, packaging or tissue surged to $X in 2022. Total exports indicated modest growth 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, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Brazil was the main exporter of paper other than graphic, packaging or tissue in Latin America and the Caribbean, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mexico (X tons), creating a X% share of total exports. The following exporters - Honduras (X tons), Chile (X tons), Colombia (X tons), Paraguay (X tons) and the Dominican Republic (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to paper other than graphic, packaging or tissue exports from Brazil stood at X%. At the same time, Honduras (X%), the Dominican Republic (X%), Paraguay (X%), Mexico (X%), Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Mexico (X p.p.), Honduras (X p.p.), the Dominican Republic (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest paper other than graphic, packaging or tissue supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports. It was followed by Mexico, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: the Dominican Republic (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 ton in 2022, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while Honduras ($X per ton) was amongst the lowest.

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

Imports of Paper other than Graphic, Packaging or Tissue

Imports in Latin America and the Caribbean

In 2022, imports of paper other than graphic, packaging or tissue in Latin America and the Caribbean dropped sharply to X tons, falling by X% against the year before. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of paper other than graphic, packaging or tissue declined rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, Honduras (X tons) was the key importer of paper other than graphic, packaging or tissue, comprising X% of total imports. Colombia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (X%), Mexico (X%), Argentina (X%) and Chile (X%). The following importers - Paraguay (X tons) and the Dominican Republic (X tons) - each resulted at an X% share of total imports.

Honduras was also the fastest-growing in terms of the paper other than graphic, packaging or tissue imports, with a CAGR of X% from 2012 to 2022. At the same time, Chile (X%) and the Dominican Republic (X%) displayed positive paces of growth. Colombia experienced a relatively flat trend pattern. By contrast, Paraguay (X%), Argentina (X%), Mexico (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Honduras (X p.p.), Colombia (X p.p.), Chile (X p.p.) and the Dominican Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Argentina (X p.p.), Mexico (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paper other than graphic, packaging or tissue importing markets in Latin America and the Caribbean were the Dominican Republic ($X), Mexico ($X) and Honduras ($X), together accounting for X% of total imports.

In terms of the main importing countries, Honduras, 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 import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Import price indicated pronounced 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, import price for paper other than graphic, packaging or tissue increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Honduras ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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