Colombia: Recovered Paper Market 2024

Recovered Paper Market Size in Colombia

The Colombian recovered paper market shrank to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Recovered paper consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Recovered Paper Production in Colombia

In value terms, recovered paper production dropped to $X in 2022 estimated in export price. Overall, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Recovered paper production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Recovered Paper Exports

Exports from Colombia

In 2022, shipments abroad of recovered paper increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, recovered paper exports soared to $X in 2022. Overall, exports recorded a mild increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for recovered paper exports from Colombia, accounting for a X% share of total exports. Moreover, recovered paper exports to Vietnam exceeded the volume sent to the second major destination, Ecuador (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Vietnam totaled X%.

In value terms, Vietnam ($X) remains the key foreign market for recovered paper exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam stood at X%.

Export Prices by Country

The average recovered paper export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Ecuador totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Recovered Paper Imports

Imports into Colombia

In 2022, approx. X tons of recovered paper were imported into Colombia; waning by X% compared with 2021 figures. Overall, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, recovered paper imports soared to $X in 2022. Over the period under review, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest recovered paper supplier to Colombia, accounting for a X% share of total imports. Moreover, recovered paper imports from the United States exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X tons), fivefold. The third position in this ranking was held by Honduras (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (X% per year) and Honduras (X% per year).

In value terms, the United States ($X) constituted the largest supplier of recovered paper to Colombia, comprising X% of total imports. The second position in the ranking was taken by the Dominican Republic ($X), with an X% share of total imports. It was followed by Honduras, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (X% per year) and Honduras (X% per year).

Import Prices by Country

The average recovered paper import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, recovered paper import price increased by X% against 2020 indices. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ecuador ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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