Puerto Rico: Handmade Paper Market 2024

Handmade Paper Market Size in Puerto Rico

The Puerto Rican handmade paper market totaled less than $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Handmade Paper Exports

Exports from Puerto Rico

In 2021, handmade paper exports from Puerto Rico stood at less than X kg, almost unchanged from the year before. In general, exports recorded a relatively flat trend pattern.

In value terms, handmade paper exports totaled less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Exports by Country

India was the key exporting country with an export of around X tons, which recorded 33% of total exports. Japan (X tons) held the second position in the ranking, followed by France (X tons), the United States (X tons), Saudi Arabia (X tons) and China (X tons). All these countries together took near 46% share of total exports. The UK (X tons), Kuwait (X tons), South Africa (X tons), the United Arab Emirates (X tons) and Egypt (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to handmade paper exports from India stood at +9.3%. At the same time, Japan (+47.4%), Kuwait (+16.9%), the United States (+14.2%), South Africa (+5.1%) and the United Arab Emirates (+1.6%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in the world, with a CAGR of +47.4% from 2012-2021. Saudi Arabia experienced a relatively flat trend pattern. By contrast, France (-3.5%), China (-4.6%), Egypt (-15.1%) and the UK (-20.1%) illustrated a downward trend over the same period. While the share of India (+17 p.p.), Japan (+15 p.p.), the United States (+6.3 p.p.) and Kuwait (+2.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Egypt (-2.1 p.p.), China (-3.1 p.p.), France (-5.2 p.p.) and the UK (-25.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and India ($X) were the countries with the highest levels of exports in 2021, together comprising 58% of total exports.

Among the main exporting countries, Japan, with a CAGR of +30.9%, saw the highest rates of growth with regard to the value of exports, 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 Puerto Rico stood at less than $X per ton in 2021, approximately equating the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+7.8%), while the other leaders experienced more modest paces of growth.

Handmade Paper Imports

Imports into Puerto Rico

In 2021, the amount of handmade paper and paperboard imported into Puerto Rico stood at less than X kg, approximately mirroring the previous year's figure. Overall, imports saw a relatively flat trend pattern.

In value terms, handmade paper imports stood at less than $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern.

Imports by Country

France was the key importing country with an import of about X tons, which amounted to 44% of total imports. The Netherlands (X tons) ranks second in terms of the total imports with an 11% share, followed by Poland (6.6%), Spain (0.9%) and Qatar (0.8%). The following importers - the UK (X tons), Solomon Islands (X tons), India (X tons), Burkina Faso (X tons), Canada (X tons), Greece (X tons) and the Czech Republic (less than X tons) - together made up 16% of total imports.

France experienced a relatively flat trend pattern with regard to volume of imports of handmade paper and paperboard. At the same time, Solomon Islands (+126.6%), Burkina Faso (+45.3%), Canada (+30.2%), Saudi Arabia (+18.9%) and the Netherlands (+1.1%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in the world, with a CAGR of +126.6% from 2012-2021. By contrast, Greece (-2.4%), Poland (-5.9%), the UK (-11.3%), India (-14.0%), Qatar (-24.9%), Spain (-25.9%) and the Czech Republic (-49.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of France, the Netherlands, Solomon Islands, Burkina Faso and Canada increased by +15, +4.4, +3.3, +2.3 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported handmade paper and paperboard into Puerto Rico, comprising 29% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of global imports. It was followed by Poland, with a 5.3% share.

In France, handmade paper imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+4.0% per year) and Poland (-0.9% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. Overall, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Solomon Islands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+31.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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