Latin America and the Caribbean: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Latin America and the Caribbean

The Latin American printing and writing paper market declined dramatically to $X in 2022, falling by -40.2% against the previous year. Over the period under review, consumption saw a abrupt decrease. The growth pace was the most rapid in 2021 when the market value increased by 7.9%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Printing and Writing Paper in Latin America and the Caribbean

In value terms, printing and writing paper production expanded remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 9.4% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Printing and Writing Paper

Exports in Latin America and the Caribbean

In 2022, shipments abroad of printing and writing paper was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of 12% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing and writing paper exports soared to $X in 2022. Over the period under review, exports, however, recorded a slight descent. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, recording X tons, which was near 92% of total exports in 2022. Colombia (X tons) and Mexico (X tons) followed a long way behind the leaders.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of printing and writing paper. At the same time, Mexico (+1.3%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +1.3% from 2012-2022. By contrast, Colombia (-5.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by +8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest printing and writing paper supplier in Latin America and the Caribbean, comprising 91% of total exports. The second position in the ranking was taken by Colombia ($X), with a 3.2% share of total exports.

In Brazil, printing and writing paper exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-8.6% per year) and Mexico (+2.3% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by 26% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Printing and Writing Paper

Imports in Latin America and the Caribbean

In 2022, purchases abroad of printing and writing paper increased by 14% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a deep downturn. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, printing and writing paper imports surged to $X in 2022. In general, imports, however, recorded a perceptible curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mexico was the major importing country with an import of about X tons, which reached 34% of total imports. It was distantly followed by Argentina (X tons), Brazil (X tons), Chile (X tons), Peru (X tons) and Colombia (X tons), together achieving a 39% share of total imports. Guatemala (X tons), Ecuador (X tons), the Dominican Republic (X tons), Bolivia (X tons), Paraguay (X tons), Uruguay (X tons) and El Salvador (X tons) held a little share of total imports.

Imports into Mexico decreased at an average annual rate of -2.5% from 2012 to 2022. At the same time, Uruguay (+1.9%) and the Dominican Republic (+1.1%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +1.9% from 2012-2022. Guatemala and Bolivia experienced a relatively flat trend pattern. By contrast, Paraguay (-1.2%), El Salvador (-1.5%), Colombia (-3.8%), Chile (-4.6%), Ecuador (-5.0%), Argentina (-5.9%), Peru (-6.2%) and Brazil (-12.3%) illustrated a downward trend over the same period. While the share of Mexico (+7.7 p.p.), Guatemala (+1.8 p.p.) and the Dominican Republic (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-10.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported printing and writing paper in Latin America and the Caribbean, comprising 37% of total imports. The second position in the ranking was held by Argentina ($X), with a 9.8% share of total imports. It was followed by Brazil, with a 9.1% share.

In Mexico, printing and writing paper imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (-4.8% per year) and Brazil (-9.3% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, surging by 28% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 El Salvador ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Dominican Republic (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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