Latin America and the Caribbean: Market for Paper Trays, Dishes, Plates And Cups 2024

Market Size for Paper Trays, Dishes, Plates And Cups in Latin America and the Caribbean

The Latin American paper dishes and cups market expanded rapidly to $X in 2022, picking up by X% against the previous year. The total consumption indicated a buoyant 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, consumption increased by X% against 2012 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Paper Trays, Dishes, Plates And Cups in Latin America and the Caribbean

In value terms, paper dishes and cups production expanded modestly to $X in 2022 estimated in export price. The total production indicated a resilient increase 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X; afterwards, it flattened through to 2022.

Exports of Paper Trays, Dishes, Plates And Cups

Exports in Latin America and the Caribbean

In 2022, overseas shipments of paper trays, dishes, plates and cups increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, paper dishes and cups exports surged to $X in 2022. In general, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Mexico (X tons) represented the major exporter of paper trays, dishes, plates and cups, achieving X% of total exports. Honduras (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%) and Guatemala (X%). Chile (X tons), Peru (X tons) and Argentina (X tons) held a minor share of total exports.

Mexico was also the fastest-growing in terms of the paper trays, dishes, plates and cups exports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%), Colombia (X%), Argentina (X%), Honduras (X%) and Chile (X%) displayed positive paces of growth. Guatemala experienced a relatively flat trend pattern. While the share of Mexico (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.), Colombia (X p.p.), Honduras (X p.p.) and Guatemala (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest paper dishes and cups supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports. It was followed by Colombia, with an X% share.

In Mexico, paper dishes and cups exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Honduras (X% per year) and Colombia (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 Chile ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

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

Imports of Paper Trays, Dishes, Plates And Cups

Imports in Latin America and the Caribbean

In 2022, the amount of paper trays, dishes, plates and cups imported in Latin America and the Caribbean soared to X tons, with an increase of X% on the year before. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper dishes and cups imports soared to $X in 2022. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) represented the largest importer of paper trays, dishes, plates and cups, committing X% of total imports. Chile (X tons) ranks second in terms of the total imports with a X% share, followed by Peru (X%), Costa Rica (X%), Bahamas (X%) and Colombia (X%). The following importers - Panama (X tons), Jamaica (X tons), Brazil (X tons), El Salvador (X tons), Guatemala (X tons) and the Dominican Republic (X tons) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahamas (X%), Peru (X%), Chile (X%), Panama (X%), Jamaica (X%), Colombia (X%), Costa Rica (X%), Brazil (X%), Guatemala (X%), El Salvador (X%) and the Dominican Republic (X%) displayed positive paces of growth. Moreover, Bahamas emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Chile, Peru, Bahamas, Colombia, Panama and Jamaica increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Chile ($X) and Costa Rica ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Colombia, Bahamas, Panama, Brazil, Guatemala, El Salvador, the Dominican Republic and Jamaica lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Peru, with a CAGR of X%, saw the highest rates of growth with regard to 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, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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