Chile: Wrapping Papers Market 2024

Wrapping Papers Market Size in Chile

The Chilean wrapping papers market surged to $X in 2021, picking up by 32% against the previous year. Overall, consumption, however, recorded a pronounced setback. Wrapping papers consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in Chile

In value terms, wrapping papers production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a slight decrease. The growth pace was the most rapid in 2013 with an increase of 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Wrapping Papers Exports

Exports from Chile

In 2021, wrapping papers exports from Chile amounted to X tons, leveling off at 2020. Overall, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +10.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +56.4% against 2015 indices. The pace of growth was the most pronounced in 2013 when exports increased by 65%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, wrapping papers exports soared to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 61% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Peru (X tons), Mexico (X tons) and Argentina (X tons) were the main destinations of wrapping papers exports from Chile, together accounting for 86% of total exports. China and India lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +65.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Chile were Peru ($X), Mexico ($X) and Argentina ($X), together accounting for 89% of total exports. These countries were followed by China and India, which together accounted for a further 10%.

In terms of the main countries of destination, China, with a CAGR of +67.4%, saw the highest growth rate of 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

In 2021, the average wrapping papers export price amounted to $X per ton, increasing by 23% against the previous year. In general, the export price, however, showed a pronounced shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Peru ($X per ton) and Mexico ($X per ton), while the average price for exports to India ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Chile

In 2021, after two years of decline, there was significant growth in overseas purchases of wrapping paper, packaging paper and paperboard, when their volume increased by 37% to X tons. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.5% against 2018 indices. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wrapping papers imports skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.0% against 2019 indices. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), Australia (X tons) and the Czech Republic (X tons) were the main suppliers of wrapping papers imports to Chile, with a combined 28% share of total imports. The Netherlands, Sweden, China, the United States, Italy, Spain, Argentina, Finland, Russia and France lagged somewhat behind, together accounting for a further 52%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +56.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Chile, comprising 17% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.3% share of total imports. It was followed by China, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+20.7% per year) and China (+23.7% per year).

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2021, shrinking by -1.6% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 an increase of 7.8%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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