U.S. - Corrugated Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

U.S. - Corrugated Paper and Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Corrugated Paper Price in the United States - 2023

Contents:

  1. Corrugated Paper Price in the United States (FOB) - 2023
  2. Corrugated Paper Price in the United States (CIF) - 2023
  3. Corrugated Paper Exports in the United States
  4. Corrugated Paper Imports in the United States

Corrugated Paper Price in the United States (FOB) - 2023

The average corrugated paper export price stood at $1,357 per ton in August 2023, remaining constant against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 1.4% against the previous month. As a result, the export price reached the peak level of $1,461 per ton. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Canada ($1,403 per ton), while the average price for exports to Mexico amounted to $1,330 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.6%).

Corrugated Paper Price in the United States (CIF) - 2023

In August 2023, the average corrugated paper import price amounted to $2,451 per ton, rising by 2% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 an increase of 23% m-o-m. Over the period under review, average import prices hit record highs at $2,858 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Canada ($2,577 per ton) and China ($2,358 per ton), while the price for Mexico ($1,758 per ton) and South Korea ($1,811 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Corrugated Paper Exports in the United States

Corrugated paper exports from the United States fell sharply to 375K tons in 2022, shrinking by -17.3% compared with 2021. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports reached the peak of 454K tons, and then dropped remarkably in the following year.

In value terms, corrugated paper exports reduced to $535M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $566M, and then declined in the following year.

Export of Corrugated Paper in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico328263339292-3.8%
Canada17417321323410.4%
Others7.77.014.59.36.5%
Total5104435665351.6%

Top Export Markets for Corrugated Paper from the United States in 2022:

  1. Mexico (210.5K tons)
  2. Canada (156.1K tons)

Corrugated Paper Imports in the United States

In 2022, imports of corrugated paper and paperboard into the United States skyrocketed to 26K tons, increasing by 48% on the previous year. Overall, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, corrugated paper imports skyrocketed to $52M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Corrugated Paper in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada22.118.428.435.116.7%
Mexico5.93.63.39.918.8%
China3.91.71.72.2-17.4%
New Zealand1.91.00.90.8-25.0%
Others3.52.02.44.04.6%
Total37.226.736.752.111.9%

Top Suppliers of Corrugated Paper to the United States in 2022:

  1. Canada (16.9K tons)
  2. Mexico (6.1K tons)
  3. New Zealand (1.2K tons)
  4. China (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the corrugated paper market in the U.S.. 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 17211100 - Corrugated paper and paperboard in rolls or sheets

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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