Latin America and the Caribbean: Playing Cards Market 2024

Playing Cards Market Size in Latin America and the Caribbean

The Latin American playing cards market rose significantly to $X in 2022, picking up by 14% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +90.2% against 2015 indices. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Playing Cards Production in Latin America and the Caribbean

In value terms, playing cards production totaled $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.7% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by 37% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Playing Cards Exports

Exports in Latin America and the Caribbean

In 2022, after two years of growth, there was significant decline in shipments abroad of playing cards, when their volume decreased by -31.7% to X tons. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, playing cards exports declined to $X in 2022. In general, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2016 when exports increased by 22%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) and Brazil (X tons) dominates exports structure, together making up 91% of total exports. The following exporters - Chile (X tons), the Dominican Republic (X tons) and Peru (X tons) - each recorded a 6.2% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Dominican Republic (with a CAGR of +44.3%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the largest playing cards supplier in Latin America and the Caribbean, comprising 59% of total exports. The second position in the ranking was held by Mexico ($X), with a 28% share of total exports. It was followed by Chile, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled +2.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (-15.0% per year) and Chile (-0.5% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, with an increase of 31% against the previous year. In general, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2015 an increase of 35% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.1%), while the other leaders experienced mixed trends in the export price figures.

Playing Cards Imports

Imports in Latin America and the Caribbean

Playing cards imports surged to X tons in 2022, increasing by 17% compared with the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, playing cards imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 48%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons), distantly followed by Ecuador (X tons), Chile (X tons), Peru (X tons), Brazil (X tons), Colombia (X tons) and Bolivia (X tons) represented the main importers of playing cards, together constituting 77% of total imports. Nicaragua (X tons), Argentina (X tons), Guatemala (X tons) and Uruguay (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Mexico ($X) and Brazil ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 76% of total imports.

Chile, with a CAGR of +21.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, rising by 6.2% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, playing cards import price increased by +45.3% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by 37%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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