Paper and Cardboard: Regional Purchases Fall 10%

Between January and June 2020, paper and cardboard imports in Central America totaled $1,019 million, 10% less than in the same period of 2019, with Honduras and El Salvador being the markets that registered the most significant reductions.

Wednesday, January 20, 2021

Import of paper and cardboard in Central America Al December 31st, 2021  

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Variation of Regional Imports.
Between the first half of 2019 and the same period of 2020, the imported volume of paper and cardboard registered a slight increase of 1%, going from 984 thousand tons to 987 thousand tons.

For the periods in question, the value of imports fell by 10%, from $1,131 million to $1,019 million.

In contrast to the general behavior, purchases from companies in China grew 5% for the periods under analysis, going from $55 million in 2019 to $58 million in 2020.

Costa Rican and Guatemalan Companies, Main Buyers
From January to June 2020, the main buyer of paper and cardboard in Central America was Costa Rica with $306 million, followed by Guatemala with $256 million, Honduras with $166 million, El Salvador with $135 million, Panama with $100 million and Nicaragua with $56 million.

Five of the six countries recorded year-over-year declines in their purchases. Imports fell 14% in Honduras, 13% in El Salvador, 12% in Costa Rica, 9% in Guatemala and 6% in Panama.

Nicaragua was the only market to register a positive variation, reporting a 9% increase.

Origin of Imports
During the first half of the year, 35% of the value of imports from Central America came from the U.S., 8% from Mexico, 5% from China, 3% from Brazil, 2% from Colombia, 2% from Chile and 2% from Canada.

The U.S. is the market of origin of imports that has decreased the most for the period in question in recent years, since in 2012 it represented 42% of total purchases, and in 2020 that proportion fell to 35%.

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