Chile: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Chile

The Chilean other papers packaging market skyrocketed to $X in 2022, jumping by 45% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +116.8% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Other Papers Packaging Production in Chile

In value terms, other papers packaging production declined to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The growth pace was the most rapid in 2016 when the production volume increased by 35% against the previous year. Other papers packaging production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Other Papers Packaging Exports

Exports from Chile

In 2022, shipments abroad of other papers packaging decreased by -4.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a pronounced slump. The growth pace was the most rapid in 2018 with an increase of 316%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, other papers packaging exports surged to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 284%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X tons), Colombia (X tons) and Argentina (X tons) were the main destinations of other papers packaging exports from Chile, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +249.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for other papers packaging exported from Chile were Brazil ($X), Colombia ($X) and Argentina ($X), with a combined 100% share of total exports.

Among the main countries of destination, Colombia, with a CAGR of +249.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average other papers packaging export price stood at $X per ton in 2022, surging by 22% against the previous year. In general, the export price, however, saw a slight setback. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Other Papers Packaging Imports

Imports into Chile

Other papers packaging imports into Chile surged to X tons in 2022, growing by 16% compared with 2021 figures. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, other papers packaging imports surged to $X in 2022. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest other papers packaging supplier to Chile, with a 59% share of total imports. Moreover, other papers packaging imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+83.3% per year) and the United States (+5.7% per year).

In value terms, Italy ($X) constituted the largest supplier of other papers packaging to Chile, comprising 59% of total imports. The second position in the ranking was taken by Spain ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+94.6% per year) and the United States (+9.4% per year).

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, growing by 33% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +76.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Spain ($X per ton), while the price for China ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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