Mexico - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico's Import of Wrapping Papers Drops to $552 Million in 2023
Mexico Wrapping Papers Imports
In 2023, approx. 465K tons of wrapping paper, packaging paper and paperboard were imported into Mexico; declining by -18.4% against the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 11% against the previous year. Over the period under review, imports hit record highs at 622K tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.
In value terms, wrapping papers imports dropped remarkably to $552M (IndexBox estimates) in 2023. The total import value increased at an average annual rate of +1.1% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16%. Imports peaked at $665M in 2022, and then reduced remarkably in the following year.
| COUNTRY | Import Value of Wrapping Papers in Mexico (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 345 | 376 | 365 | 398 | 440 | 479 | 446 | 378 | 502 | 493 | 377 |
| Sweden | 23.4 | 25.8 | 29.8 | 29.0 | 35.5 | 56.0 | 50.3 | 56.0 | 43.5 | 76.6 | 69.7 |
| Canada | 49.3 | 58.5 | 44.7 | 37.1 | 31.7 | 48.0 | 37.8 | 34.8 | 28.6 | 40.7 | 41.9 |
| China | 2.1 | 2.9 | 4.5 | 6.3 | 7.2 | 11.9 | 8.7 | 8.0 | 8.4 | 15.8 | 26.6 |
| Brazil | 4.4 | 5.6 | 5.1 | 6.1 | 5.9 | 6.3 | 7.3 | 6.7 | 8.9 | 15.4 | 13.6 |
| Russia | 12.3 | 12.6 | 16.4 | 10.6 | 14.6 | 15.0 | 21.5 | 12.4 | 6.2 | 4.2 | 1.0 |
| Others | 55.9 | 32.8 | 40.6 | 43.6 | 24.2 | 33.2 | 46.7 | 37.5 | 16.6 | 19.4 | 21.9 |
| Total | 492 | 514 | 507 | 531 | 559 | 649 | 618 | 533 | 614 | 665 | 552 |
Imports by Country
In 2023, the United States (340K tons) constituted the largest supplier of wrapping papers to Mexico, accounting for a 73% share of total imports. Moreover, wrapping papers imports from the United States exceeded the figures recorded by the second-largest supplier, Sweden (56K tons), sixfold. Canada (32K tons) ranked third in terms of total imports with a 6.9% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from the United States amounted to +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+10.0% per year) and Canada (-3.8% per year).
In value terms, the United States ($377M) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Mexico, comprising 68% of total imports. The second position in the ranking was taken by Sweden ($70M), with a 13% share of total imports. It was followed by Canada, with a 7.6% share.
From 2013 to 2023, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+11.5% per year) and Canada (-1.6% per year).
Imports by Type
In 2023, paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 (254K tons) constituted the largest type of wrapping paper, packaging paper and paperboard supplied to Mexico, with a 55% share of total imports. Moreover, paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 exceeded the figures recorded for the second-largest type, unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm (89K tons), threefold. The third position in this ranking was taken by kraft paper and paperboard; uncoated, bleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803 (34K tons), with a 7.3% share.
From 2013 to 2023, the average annual growth rate of the volume of paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 imports amounted to +1.4%. With regard to the other supplied products, the following average annual rates of growth were recorded: unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm (-3.3% per year) and kraft paper and paperboard; uncoated, bleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803 (+6.0% per year).
In value terms, paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 ($274M) constituted the largest type of wrapping paper, packaging paper and paperboard supplied to Mexico, comprising 50% of total imports. The second position in the ranking was taken by unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm ($110M), with a 20% share of total imports. It was followed by kraft paper and paperboard; uncoated, bleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803, with an 8% share.
Import Prices by Country
In 2023, the wrapping papers price stood at $1,187 per ton (CIF, Mexico), rising by 1.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average import price increased by 10% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($1,825 per ton), while the price for the United States ($1,110 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Canada (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the wrapping papers market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1621 - Wrapping papers
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
