Latin America and the Caribbean: Asphalted Paper Market 2024

Asphalted Paper Market Size in Latin America and the Caribbean

The Latin American asphalted paper market soared to $X in 2022, jumping by X% against the previous year. In general, consumption, however, showed a noticeable decline. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Asphalted Paper Production in Latin America and the Caribbean

In value terms, asphalted paper production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Asphalted Paper Exports

Exports in Latin America and the Caribbean

In 2022, the amount of tarred, bituminised or asphalted paper and paperboard exported in Latin America and the Caribbean shrank remarkably to X tons, dropping by X% against 2021 figures. Overall, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted notably in the following year.

In value terms, asphalted paper exports shrank to $X in 2022. In general, exports, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Mexico dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Costa Rica (X tons), creating a X% share of total exports. Chile (X tons) and El Salvador (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to asphalted paper exports from Mexico stood at X%. At the same time, El Salvador (X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Costa Rica (X%) and Chile (X%) illustrated a downward trend over the same period. Mexico (X p.p.) and El Salvador (X p.p.) significantly strengthened its position in terms of the total exports, while Costa Rica and Chile saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Costa Rica (X% per year) and El Salvador (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, picking up by X% against the previous year. Export price indicated buoyant 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, asphalted paper export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 El Salvador ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Asphalted Paper Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of tarred, bituminised or asphalted paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a deep downturn. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, asphalted paper imports fell modestly to $X in 2022. Overall, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons), distantly followed by Mexico (X tons), Guatemala (X tons) and Nicaragua (X tons) were the major importers of tarred, bituminised or asphalted paper and paperboard, together constituting X% of total imports. Brazil (X tons), Honduras (X tons), the Dominican Republic (X tons), Uruguay (X tons) and Bolivia (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest asphalted paper importing markets in Latin America and the Caribbean were Chile ($X), Guatemala ($X) and Mexico ($X), with a combined X% share of total imports.

Chile, 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 more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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 Brazil ($X per ton), while Uruguay ($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

Frequently Asked Questions (FAQ) :