Latin America and the Caribbean: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2025

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Latin America and the Caribbean

The Latin American market for wood pulp, excluding mechanical wood pulp dropped dramatically to $X in 2022, reducing by -39.3% against the previous year. Over the period under review, consumption continues to indicate a drastic downturn. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Latin America and the Caribbean

In value terms, production of wood pulp, excluding mechanical wood pulp stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in Latin America and the Caribbean

Exports of wood pulp, excluding mechanical wood pulp expanded markedly to X tons in 2022, increasing by 14% on the previous year. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.1% against 2012 indices. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of wood pulp, excluding mechanical wood pulp rose markedly to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.0% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

In 2022, Brazil (X tons) was the major exporter of wood pulp, excluding mechanical wood pulp, committing 70% of total exports. It was distantly followed by Chile (X tons) and Uruguay (X tons), together mixing up a 29% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp, excluding mechanical wood pulp exports from Brazil stood at +8.3%. At the same time, Uruguay (+16.6%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +16.6% from 2012-2022. Chile experienced a relatively flat trend pattern. From 2012 to 2022, the share of Uruguay and Brazil increased by +8.3 and +7.9 percentage points, respectively.

In value terms, Brazil ($X) remains the largest wood pulp, excluding mechanical wood pulp supplier in Latin America and the Caribbean, comprising 62% of total exports. The second position in the ranking was held by Chile ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to +5.9%. In the other countries, the average annual rates were as follows: Chile (+1.2% per year) and Uruguay (+15.0% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, declining by -2% against the previous year. In general, the export price recorded a slight reduction. The pace of growth was the most pronounced in 2018 an increase of 22%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

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 Chile ($X per ton), while Brazil ($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 (+1.8%), while the other leaders experienced a decline in the export price figures.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in Latin America and the Caribbean

Imports of wood pulp, excluding mechanical wood pulp expanded remarkably to X tons in 2022, increasing by 13% compared with 2021. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. Overall, imports, however, saw a perceptible decrease. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Argentina (X tons) and Mexico (X tons) represented roughly 37% of total imports in 2022. Colombia (X tons) ranks next in terms of the total imports with a 12% share, followed by Brazil (11%), Peru (10%) and Cayman Islands (9.6%). The following importers - El Salvador (X tons) and Bolivia (X tons) - together made up 7% of total imports.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of +49.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood pulp, excluding mechanical wood pulp importing markets in Latin America and the Caribbean were Mexico ($X), Argentina ($X) and Brazil ($X), together comprising 55% of total imports. Colombia, Cayman Islands, Peru, El Salvador and Bolivia lagged somewhat behind, together accounting for a further 33%.

In terms of the main importing countries, El Salvador, with a CAGR of +51.1%, recorded 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

The import price in Latin America and the Caribbean stood at $X per ton in 2022, with an increase of 11% against the previous year. Overall, the import price showed modest growth. The most prominent rate of growth was recorded in 2021 when the import price increased by 18% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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