India - Cartons, Boxes And Cases Of Corrugated Paper Or Paperboard - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

India - Cartons, Boxes And Cases Of Corrugated Paper Or Paperboard - Market Analysis, Forecast, Size, Trends And Insights

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Corrugated Paper Box Price in India - 2023

Contents:

  1. Corrugated Paper Box Price in India (FOB) - 2023
  2. Corrugated Paper Box Price in India (CIF) - 2022
  3. Corrugated Paper Box Exports in India
  4. Corrugated Paper Box Imports in India

Corrugated Paper Box Price in India (FOB) - 2023

In July 2023, the average corrugated paper box export price amounted to $1,627 per ton, which is down by -5.3% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 19% m-o-m. Over the period under review, the average export prices reached the maximum at $1,792 per ton in September 2022; however, from October 2022 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was the Netherlands ($2,545 per ton), while the average price for exports to Mozambique ($768 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Price in India (CIF) - 2022

In 2022, the average corrugated paper box import price amounted to $2,922 per ton, rising by 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2017 an increase of 32% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Sri Lanka ($4,655 per ton), while the price for the United Arab Emirates ($1,283 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Corrugated Paper Box Exports in India

In 2022, exports of cartons, boxes and cases of corrugated paper or paperboard from India surged to 37K tons, with an increase of 28% compared with the previous year's figure. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, corrugated paper box exports surged to $58M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Corrugated Paper Box in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.62.75.37.929.9%
United Arab Emirates3.44.54.65.215.2%
United Kingdom3.82.53.84.34.2%
Bangladesh0.80.62.33.665.1%
Nepal2.82.33.63.57.7%
Qatar1.61.31.72.312.9%
Netherlands0.40.91.42.276.5%
Djibouti0.20.31.02.1119.0%
Jordan1.20.70.51.916.6%
Malaysia0.1N/A0.51.6152.0%
Bhutan0.70.71.11.528.9%
Gabon0.50.60.91.233.9%
CongoN/A0.40.81.058.1%
Others21.116.617.919.7-2.3%
Total40.234.045.457.812.9%

Top Export Markets for Corrugated Paper Box from India in 2022:

  1. United Arab Emirates (3.6K tons)
  2. United States (3.3K tons)
  3. Nepal (3.2K tons)
  4. Bangladesh (2.7K tons)
  5. Djibouti (1.9K tons)
  6. United Kingdom (1.8K tons)
  7. Jordan (1.7K tons)
  8. Bhutan (1.5K tons)
  9. Qatar (1.1K tons)
  10. Netherlands (1.1K tons)
  11. Malaysia (1.1K tons)
  12. Congo (0.9K tons)
  13. Gabon (0.9K tons)

Corrugated Paper Box Imports in India

Corrugated paper box imports into India dropped rapidly to 13K tons in 2022, declining by -19.2% compared with the year before. Overall, imports saw a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of 16K tons, and then dropped remarkably in the following year.

In value terms, corrugated paper box imports contracted to $39M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $45M, and then contracted in the following year.

Import of Corrugated Paper Box in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.314.423.018.5-7.4%
Sri Lanka4.43.75.35.47.1%
Vietnam0.33.76.35.1157.1%
United States1.51.11.52.823.1%
Hong Kong SAR1.51.01.91.3-4.7%
Netherlands0.10.10.30.9108.0%
United Arab Emirates1.50.91.20.4-35.6%
South Africa1.00.40.10.3-33.1%
Others4.33.15.14.30.0%
Total37.828.344.838.91.0%

Top Suppliers of Corrugated Paper Box to India in 2022:

  1. China (7.7K tons)
  2. Vietnam (1.3K tons)
  3. Sri Lanka (1.1K tons)
  4. United States (1.0K tons)
  5. Netherlands (0.4K tons)
  6. Hong Kong SAR (0.4K tons)
  7. United Arab Emirates (0.3K tons)
  8. South Africa (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the corrugated paper box market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 17211300 - Cartons, boxes and cases, of corrugated paper or paperboard

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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