Latin America and the Caribbean: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Latin America and the Caribbean

For the seventh consecutive year, the Latin American paper and paperboard market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption showed strong growth. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Paper And Paperboard Production in Latin America and the Caribbean

In value terms, paper and paperboard production totaled $X in 2022 estimated in export price. Overall, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Paper And Paperboard Exports

Exports in Latin America and the Caribbean

In 2022, the amount of paper and paperboard (creped, crinkled, embossed or perforated) exported in Latin America and the Caribbean shrank to X tons, falling by X% compared with the year before. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper and paperboard exports reached $X in 2022. In general, exports showed a pronounced slump. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Colombia (X tons), Chile (X tons), Trinidad and Tobago (X tons) and Ecuador (X tons) took a little share of total exports.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Trinidad and Tobago (X%) and Ecuador (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Chile and Colombia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. Export price indicated a buoyant expansion 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, paper and paperboard export price increased by X% against 2015 indices. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Colombia ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Paper And Paperboard Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of paper and paperboard (creped, crinkled, embossed or perforated) 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, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, paper and paperboard imports surged to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of paper and paperboard imports in 2022 were Argentina (X tons), Mexico (X tons) and Brazil (X tons), together recording X% of total import. It was distantly followed by Peru (X tons), mixing up an X% share of total imports. Chile (X tons), Colombia (X tons), the Dominican Republic (X tons), Bolivia (X tons), Guatemala (X tons), Ecuador (X tons), Nicaragua (X tons), El Salvador (X tons) and Trinidad and Tobago (X tons) followed a long way behind the leaders.

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

In value terms, the largest paper and paperboard importing markets in Latin America and the Caribbean were Mexico ($X), Argentina ($X) and Brazil ($X), with a combined X% share of total imports. Peru, Chile, the Dominican Republic, Colombia, Nicaragua, Guatemala, Ecuador, El Salvador, Trinidad and Tobago and Bolivia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Trinidad and Tobago, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Latin America and the Caribbean stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached 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 Nicaragua ($X per ton), while Bolivia ($X per ton) 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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