Uruguay: Folding Boxboard Market 2022

Folding Boxboard Market Size in Uruguay

In 2021, the Uruguayan folding boxboard market increased by X% to $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, continues to indicate a noticeable contraction. Folding boxboard consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Folding Boxboard Production in Uruguay

In value terms, folding boxboard production soared to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Folding Boxboard Exports

Exports from Uruguay

After four years of growth, overseas shipments of folding boxboard decreased by -X% to X tons in 2021. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, folding boxboard exports shrank dramatically to $X in 2021. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Argentina (X tons) and Paraguay (X tons) were the main destinations of folding boxboard exports from Uruguay, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Paraguay (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), the United States ($X) and Paraguay ($X) constituted the largest markets for folding boxboard exported from Uruguay worldwide, together comprising X% of total exports.

Among the main countries of destination, Paraguay, with a CAGR of +X%, recorded 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

The average folding boxboard export price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the export price showed a buoyant increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Argentina ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Folding Boxboard Imports

Imports into Uruguay

In 2021, the amount of folding boxboard imported into Uruguay declined modestly to X tons, approximately mirroring the previous year's figure. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, folding boxboard imports shrank to $X in 2021. Overall, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X tons), Brazil (X tons) and Finland (X tons) were the main suppliers of folding boxboard imports to Uruguay, with a combined X% share of total imports. China, Sweden, Italy and Mexico lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X) constituted the largest supplier of folding boxboard to Uruguay, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Argentina amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average folding boxboard import price stood at $X per ton in 2021, waning by -X% against the previous year. Over the period under review, the import price saw a slight slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform