Brazil: Composite Paperboard Market 2024

Composite Paperboard Market Size in Brazil

The Brazilian composite paperboard market rose rapidly to $X in 2023, surging by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Composite paperboard consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Composite Paperboard Production in Brazil

In value terms, composite paperboard production rose markedly to $X in 2023 estimated in export price. In general, the total production indicated slight growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Composite paperboard production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Composite Paperboard Exports

Exports from Brazil

Composite paperboard exports from Brazil soared to X tons in 2023, rising by X% compared with the previous year's figure. Over the period under review, exports, however, saw a sharp reduction. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, composite paperboard exports skyrocketed to $X in 2023. Overall, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for composite paperboard exports from Brazil, accounting for a X% share of total exports. Moreover, composite paperboard exports to Argentina exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Colombia (X% per year).

In value terms, Germany ($X) emerged as the key foreign market for composite paper and paperboard exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Colombia, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Colombia (X% per year).

Export Prices by Country

The average composite paperboard export price stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Composite Paperboard Imports

Imports into Brazil

After three years of decline, overseas purchases of composite paper and paperboard increased by X% to X tons in 2023. Overall, total imports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, composite paperboard imports soared to $X in 2023. In general, imports recorded a noticeable increase. Imports peaked at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest supplier of composite paperboard to Brazil, with a X% share of total imports. Moreover, composite paperboard imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, the Netherlands ($X), Switzerland ($X) and the United States ($X) were the largest composite paperboard suppliers to Brazil, with a combined X% share of total imports. Ukraine, China, Turkey, Germany, Sweden and Italy lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, recorded 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 average composite paperboard import price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform