Latin America and the Caribbean: Fiberboard Market 2024

Fiberboard Market Size in Latin America and the Caribbean

In 2022, after four years of growth, there was decline in the Latin American fiberboard market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Fiberboard Production in Latin America and the Caribbean

In value terms, fiberboard production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Fiberboard Exports

Exports in Latin America and the Caribbean

In 2022, overseas shipments of fiber board of wood or other ligneous materials increased by X% to X cubic meters, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, fiberboard exports skyrocketed to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil represented the largest exporting country with an export of around X cubic meters, which resulted at X% of total exports. It was distantly followed by Chile (X cubic meters), comprising a X% share of total exports. Mexico (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard supplying countries in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Mexico ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Mexico, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per cubic meter, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per cubic meter), while Brazil ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced more modest paces of growth.

Fiberboard Imports

Imports in Latin America and the Caribbean

In 2022, the amount of fiber board of wood or other ligneous materials imported in Latin America and the Caribbean reduced to X cubic meters, with a decrease of X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters, and then reduced in the following year.

In value terms, fiberboard imports dropped to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Mexico was the main importer of fiber board of wood or other ligneous materials in Latin America and the Caribbean, with the volume of imports amounting to X cubic meters, which was approx. X% of total imports in 2022. It was distantly followed by Colombia (X cubic meters), Peru (X cubic meters), Chile (X cubic meters) and the Dominican Republic (X cubic meters), together comprising a X% share of total imports. The following importers - Ecuador (X cubic meters), Guatemala (X cubic meters), Uruguay (X cubic meters), Argentina (X cubic meters), Paraguay (X cubic meters), Costa Rica (X cubic meters) and Panama (X cubic meters) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to fiberboard imports into Mexico stood at X%. At the same time, Panama (X%), the Dominican Republic (X%), Paraguay (X%), Chile (X%), Guatemala (X%), Costa Rica (X%), Peru (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Ecuador (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Dominican Republic, Mexico, Chile and Panama increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported fiber board of wood or other ligneous materials in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with an X% share of total imports. It was followed by Peru, with a X% share.

In Mexico, fiberboard imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Peru (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2022, therefore, remained relatively stable against the previous year. In general, the import price saw a mild expansion. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Panama ($X per cubic meter), while Colombia ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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