Latin America and the Caribbean: Market for Coated Printing and Writing Papers 2024

Market Size for Coated Printing and Writing Papers in Latin America and the Caribbean

In 2021, after two years of decline, there was significant growth in the Latin American market for coated printing and writing papers, when its value increased by 19% to $X. Over the period under review, consumption, however, recorded a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Coated Printing and Writing Papers in Latin America and the Caribbean

In value terms, coated printing and writing paper production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Coated Printing and Writing Papers

Exports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in overseas shipments of coated printing and writing papers, which increased by 0.4% to X tons in 2021. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 24% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, coated printing and writing paper exports amounted to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 19%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of coated printing and writing papers, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the coated printing and writing papers exports, with a CAGR of +3.3% from 2012 to 2021. From 2012 to 2021, the share of Brazil increased by +11 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest coated printing and writing paper supplier in Latin America and the Caribbean.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil stood at +2.1%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, picking up by 4.2% against the previous year. Overall, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 5.5% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to -1.1% per year.

Imports of Coated Printing and Writing Papers

Imports in Latin America and the Caribbean

In 2021, overseas purchases of coated printing and writing papers were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a deep slump. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, coated printing and writing paper imports rose significantly to $X in 2021. Overall, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons) was the key importer of coated printing and writing papers, creating 43% of total imports. Argentina (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Brazil (9.5%), Colombia (6.5%), Chile (5.7%) and Peru (5.3%). The Dominican Republic (X tons) held a relatively small share of total imports.

Imports into Mexico decreased at an average annual rate of -2.3% from 2012 to 2021. At the same time, the Dominican Republic (+4.7%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +4.7% from 2012-2021. By contrast, Colombia (-5.3%), Argentina (-6.9%), Chile (-8.7%), Peru (-10.6%) and Brazil (-17.1%) illustrated a downward trend over the same period. Mexico (+16 p.p.) and the Dominican Republic (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Peru and Brazil saw its share reduced by -2.1% and -16.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported coated printing and writing papers in Latin America and the Caribbean, comprising 35% of total imports. The second position in the ranking was taken by Argentina ($X), with a 15% share of total imports. It was followed by Brazil, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in Mexico amounted to -4.7%. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (-7.5% per year) and Brazil (-16.2% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, falling by -7.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 5.3% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2020, and then reduced in the following year.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Chile ($X per ton) and Colombia ($X per ton), while Mexico ($X per ton) and Peru ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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