Puerto Rico: Uncoated Felt Paper Market 2023

Uncoated Felt Paper Exports

Exports by Country

Indonesia was the major exporter of uncoated felt paper and paperboard in the world, with the volume of exports recording X tons, which was near 61% of total exports in 2021. The United States (X tons) ranks second in terms of the total exports with a 16% share, followed by the Czech Republic (9.9%) and Canada (4.7%). Egypt (X tons), Italy (X tons) and Germany (X tons) followed a long way behind the leaders.

Exports from Indonesia increased at an average annual rate of +4.5% from 2012 to 2021. At the same time, Egypt (+34.3%) and the Czech Republic (+1.8%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.3% from 2012-2021. By contrast, the United States (-9.6%), Canada (-13.4%), Italy (-13.8%) and Germany (-17.4%) illustrated a downward trend over the same period. While the share of Indonesia (+30 p.p.), the Czech Republic (+3.5 p.p.) and Egypt (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Italy (-2.2 p.p.), Germany (-2.5 p.p.), Canada (-8.2 p.p.) and the United States (-13.8 p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) remains the largest uncoated felt paper supplier from Puerto Rico, comprising 53% of global exports. The second position in the ranking was taken by the United States ($X), with a 14% share of global exports. It was followed by the Czech Republic, with a 9.4% share.

In Indonesia, uncoated felt paper exports increased at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United States (-8.1% per year) and the Czech Republic (+2.5% per year).

Uncoated Felt Paper Imports

Imports by Country

Vietnam represented the major importing country with an import of around X tons, which amounted to 35% of total imports. Poland (X tons) ranks second in terms of the total imports with a 13% share, followed by Denmark (6.8%), Canada (6.4%), the United Arab Emirates (5.6%) and the United States (5.3%). The following importers - Germany (X tons), Italy (X tons), Egypt (X tons), Mexico (X tons), the UK (X tons) and Norway (X tons) - together made up 10% of total imports.

From 2012 to 2021, average annual rates of growth with regard to uncoated felt paper imports into Vietnam stood at +16.3%. At the same time, the United Arab Emirates (+53.9%), Egypt (+32.2%), Poland (+24.4%), Mexico (+24.1%), Italy (+15.4%), Saudi Arabia (+13.1%) and Denmark (+5.1%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +53.9% from 2012-2021. By contrast, Norway (-8.8%), the United States (-14.1%), Germany (-16.8%), Canada (-18.2%) and the UK (-42.4%) illustrated a downward trend over the same period. Vietnam (+28 p.p.), Poland (+11 p.p.), the United Arab Emirates (+5.5 p.p.), Denmark (+3.3 p.p.), Egypt (+1.7 p.p.) and Italy (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Saudi Arabia, the UK, Germany, the United States and Canada saw its share reduced by -2.6%, -4.9%, -10.4%, -11.5% and -24.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported uncoated felt paper and paperboard into Puerto Rico, comprising 23% of global imports. The second position in the ranking was held by Poland ($X), with an 11% share of global imports. It was followed by Canada, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value in Vietnam stood at +18.0%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+27.1% per year) and Canada (-14.0% per year).

Source: IndexBox Platform

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