MERCOSUR: Fibreboard Market 2023

Fibreboard Market Size in MERCOSUR

The MERCOSUR fibreboard market amounted to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption, however, showed a slight downturn. The growth pace was the most rapid in 2020 when the market value increased by 3% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Fibreboard Production in MERCOSUR

In value terms, fibreboard production shrank modestly to $X in 2021 estimated in export price. In general, production, however, recorded a slight downturn. The pace of growth appeared the most rapid in 2013 with an increase of 4.5% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Fibreboard Exports

Exports in MERCOSUR

Fibreboard exports expanded sharply to X cubic meters in 2021, picking up by 8.2% on the year before. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of 8.6% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, fibreboard exports surged to $X in 2021. The total export value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil (X cubic meters) and Chile (X cubic meters) dominates exports structure, together making up 90% of total exports. Argentina (X cubic meters) held the next position in the ranking, followed by Uruguay (X cubic meters). All these countries together took approx. 9.3% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of +15.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Chile ($X), Brazil ($X) and Argentina ($X) constituted the countries with the highest levels of exports in 2021, with a combined 98% share of total exports.

Brazil, with a CAGR of +13.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per cubic meter in 2021, picking up by 20% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per cubic meter in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Chile ($X per cubic meter), while Uruguay ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+4.1%), while the other leaders experienced mixed trends in the export price figures.

Fibreboard Imports

Imports in MERCOSUR

In 2021, after two years of decline, there was significant growth in purchases abroad of fibreboard, when their volume increased by 36% to X cubic meters. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fibreboard imports soared to $X in 2021. Total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Chile (X cubic meters), distantly followed by Peru (X cubic meters), Colombia (X cubic meters), Ecuador (X cubic meters) and Uruguay (X cubic meters) were the largest importers of fibreboard, together committing 88% of total imports. The following importers - Paraguay (X cubic meters) and Argentina (X cubic meters) - each accounted for an 8.3% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constitutes the largest market for imported fibreboard in MERCOSUR, comprising 46% of total imports. The second position in the ranking was held by Peru ($X), with a 17% share of total imports. It was followed by Colombia, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile totaled +17.2%. The remaining importing countries recorded the following average annual rates of imports growth: Peru (+3.4% per year) and Colombia (-4.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per cubic meter in 2021, jumping by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per cubic meter), while Paraguay ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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