Latin America and the Caribbean: Stamping Foil Market 2024

Stamping Foil Market Size in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in the Latin American stamping foil market, when its value decreased by X% to $X. In general, consumption continues to indicate a mild slump. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Stamping Foil Production in Latin America and the Caribbean

In value terms, stamping foil production dropped modestly to $X in 2023 estimated in export price. In general, production, however, saw a dramatic curtailment. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Stamping Foil Exports

Exports in Latin America and the Caribbean

In 2023, approx. X tons of stamping foils were exported in Latin America and the Caribbean; declining by X% compared with 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of export peaked at X tons in 2022, and then declined rapidly in the following year.

In value terms, stamping foil exports fell notably to $X in 2023. Overall, exports recorded a mild slump. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporter of stamping foils in Latin America and the Caribbean, with the volume of exports accounting for X tons, which was near X% of total exports in 2023. It was distantly followed by Mexico (X tons), Chile (X tons) and El Salvador (X tons), together creating a X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the stamping foils exports, with a CAGR of X% from 2012 to 2023. At the same time, Argentina (X%) and El Salvador (X%) displayed positive paces of growth. By contrast, Mexico (X%) and Chile (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Chile and Mexico saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a mild slump. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Mexico ($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 a decline in the export price figures.

Stamping Foil Imports

Imports in Latin America and the Caribbean

After two years of growth, supplies from abroad of stamping foils decreased by X% to X tons in 2023. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, stamping foil imports declined dramatically to $X in 2023. Overall, imports showed a slight reduction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X tons) represented the largest importer of stamping foils, achieving X% of total imports. Mexico (X tons) took the second position in the ranking, distantly followed by Argentina (X tons) and Chile (X tons). All these countries together held near X% share of total imports. The following importers - Colombia (X tons), Peru (X tons) and El Salvador (X tons) - together made up X% of total imports.

Brazil was also the fastest-growing in terms of the stamping foils imports, with a CAGR of X% from 2012 to 2023. At the same time, El Salvador (X%) displayed positive paces of growth. Argentina experienced a relatively flat trend pattern. By contrast, Colombia (X%), Peru (X%), Mexico (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest stamping foil importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Argentina ($X), with a combined X% share of total imports. Chile, Colombia, Peru and El Salvador lagged somewhat behind, together accounting for a further X%.

El Salvador, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform