Latin America and the Caribbean: Fibreboard Market 2024

Fibreboard Market Size in Latin America and the Caribbean

In 2022, the Latin American fibreboard market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Fibreboard Production in Latin America and the Caribbean

In value terms, fibreboard production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a mild downturn. The growth pace was the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Fibreboard Exports

Exports in Latin America and the Caribbean

In 2022, the amount of fibreboard exported in Latin America and the Caribbean rose remarkably to X cubic meters, increasing by X% compared with the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fibreboard exports surged to $X in 2022. Total exports indicated a buoyant 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 reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the main exporter of fibreboard in Latin America and the Caribbean, with the volume of exports finishing at X cubic meters, which was near X% of total exports in 2022. It was distantly followed by Chile (X cubic meters), constituting a X% share of total exports. The following exporters - Mexico (X cubic meters) and Ecuador (X cubic meters) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Chile ($X), Brazil ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

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

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per cubic meter in 2022, with an increase of 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 attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per cubic meter), while Brazil ($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.

Fibreboard Imports

Imports in Latin America and the Caribbean

Fibreboard imports dropped remarkably to X cubic meters in 2022, which is down by X% on 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X cubic meters, and then fell markedly in the following year.

In value terms, fibreboard imports declined slightly to $X in 2022. Total imports indicated a moderate 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, Mexico (X cubic meters) represented the key importer of fibreboard, making up X% of total imports. Colombia (X cubic meters) ranks second in terms of the total imports with an X% share, followed by Chile (X%), Peru (X%) and the Dominican Republic (X%). Bolivia (X cubic meters), Ecuador (X cubic meters), Uruguay (X cubic meters), Guatemala (X cubic meters), Argentina (X cubic meters), Paraguay (X cubic meters) and Costa Rica (X cubic meters) followed a long way behind the leaders.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico totaled X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Colombia (X% per year).

Import Prices by Country

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

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per cubic meter), while Bolivia ($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 Ecuador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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