Latin America and the Caribbean: Reel Cutting Slitter Market 2025

Reel Cutting Slitter Market Size in Latin America and the Caribbean

The Latin American reel cutting slitter market soared to $X in 2022, increasing by 21% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Latin America and the Caribbean

In value terms, reel cutting slitter production reduced to $X in 2022 estimated in export price. Overall, production enjoyed a measured expansion. The growth pace was the most rapid in 2017 when the production volume increased by 4,524% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Reel Cutting Slitter Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were exported in Latin America and the Caribbean; increasing by 61% against 2021. Total exports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, reel cutting slitter exports soared to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X units) and Mexico (X units) were the largest exporters of combined reel slitting and re-reeling cutting machines for paper and paperboard in 2022, accounting for near 35% and 29% of total exports, respectively. Ecuador (X units) ranks next in terms of the total exports with a 5.4% share, followed by Chile (5.1%) and Panama (4.8%). The Dominican Republic (X units), Argentina (X units), El Salvador (X units), Honduras (X units) and Colombia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +16.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest reel cutting slitter supplying countries in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and the Dominican Republic ($X), with a combined 83% share of total exports.

The Dominican Republic, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2013 when the export price increased by 31% against the previous year. The level of export peaked 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 the Dominican Republic ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+7.9%), while the other leaders experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports in Latin America and the Caribbean

In 2022, the amount of combined reel slitting and re-reeling cutting machines for paper and paperboard imported in Latin America and the Caribbean soared to X units, increasing by 23% against the year before. Overall, imports, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2015 with an increase of 34%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, reel cutting slitter imports soared to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X units) and Brazil (X units) were the key importers of combined reel slitting and re-reeling cutting machines for paper and paperboard in Latin America and the Caribbean, together mixing up 53% of total imports. It was distantly followed by Peru (X units), Argentina (X units) and Colombia (X units), together creating a 22% share of total imports. Guatemala (X units), Chile (X units), Ecuador (X units), the Dominican Republic (X units), Costa Rica (X units), Panama (X units), El Salvador (X units) and Bolivia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Dominican Republic (with a CAGR of +17.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest reel cutting slitter importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Argentina ($X), together accounting for 73% of total imports. Peru, Chile, Colombia, Guatemala, the Dominican Republic, Panama, El Salvador, Ecuador, Costa Rica and Bolivia lagged somewhat behind, together comprising a further 24%.

Among the main importing countries, the Dominican Republic, with a CAGR of +16.4%, saw the highest growth rate of 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with an increase of 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2016 when the import price increased by 30% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :