Corrugated And Solid Fiber Box Market - Mexico Is Strengthening Its Position of Key U.S. Corrugated and Solid Fiber Box Exports Destination
Corrugated Paper and Paperboard July 22, 2016
Photo: © sabaifoto / Bigstockphoto
The U.S. runs the show in global trade of corrugated and solid fiber box, accounting for a 17% share (based on USD) of world's exports. It was followed by Germany (14%), China (11%) and, distantly, Italy (5%). In 2015, the U.S. exported 1,547 million USD, 2% under the previous year. From 2007 to 2015, U.S. exports on the corrugated and solid fiber box market showed mixed dynamics. A significant drop in 2009 was followed by a rebound in 2010 and modest growth over the next two years. Afterwards, it jumped in 2013, and continued to grow moderately in the following year. However, the growth lost its momentum in 2015, turning into a slight decline of exports.
A great bulk of U.S. corrugated and solid fiber box exports was sent to its traditional trading partners in the American region. In 2015, Mexico was the main destination of U.S. exports (65%), distantly followed by Canada (27%). The share exported to Mexico increased (+7 percentage points), while the share sent to Canada illustrated negative dynamics (-1 percentage points) from 2007 to 2015.
From 2007 to 2015, the U.S. was a net exporter of corrugated and solid fiber boxes. However, imports grew faster than exports on average over the period under review. In 2015, U.S. corrugated and solid fiber box industry ran a trade surplus of 1,078 million USD. This figure grew insignificantly over the recent years.
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Sourse: U.S. Corrugated And Solid Fiber Box Market. Analysis And Forecast to 2020
