United Kingdom: Fibreboard Market 2024

Fibreboard Market Size in the UK

For the third consecutive year, the UK fibreboard market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fibreboard consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Fibreboard Production in the UK

In value terms, fibreboard production stood at $X in 2022 estimated in export price. The total output value 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 throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Fibreboard Exports

Exports from the UK

In 2022, approx. X cubic meters of fibreboard were exported from the UK; waning by X% against the previous year's figure. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fibreboard exports expanded sharply to $X in 2022. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X cubic meters), Belgium (X cubic meters) and the United States (X cubic meters) were the main destinations of fibreboard exports from the UK, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fibreboard exported from the UK were Ireland ($X), Belgium ($X) and the United States ($X), together comprising X% of total exports.

In terms of the main countries of destination, the United States, 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 average fibreboard export price amounted to $X per cubic meter, rising by X% against the previous year. In general, the export price posted a prominent increase. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per cubic meter), while the average price for exports to Norway ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fibreboard Imports

Imports into the UK

In 2022, the amount of fibreboard imported into the UK declined slightly to X cubic meters, almost unchanged from the year before. The total import 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 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X cubic meters, leveling off in the following year.

In value terms, fibreboard imports rose remarkably to $X in 2022. Overall, total imports indicated a strong 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 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Ireland (X cubic meters), Germany (X cubic meters) and Spain (X cubic meters) were the main suppliers of fibreboard imports to the UK, together comprising X% of total imports. Belgium, Poland, China and Latvia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), Germany ($X) and Spain ($X) were the largest fibreboard suppliers to the UK, with a combined X% share of total imports. Belgium, China, Poland and Latvia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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 fibreboard import price stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Latvia ($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 Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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