U.S.: Market for Corrugated And Solid Fiber Box 2024

Market Size for Corrugated And Solid Fiber Box in the U.S.

After two years of growth, the U.S. market for corrugated and solid fiber box decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Corrugated and solid fiber box consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Corrugated And Solid Fiber Box in the U.S.

In value terms, corrugated and solid fiber box production dropped to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Corrugated And Solid Fiber Box

Exports from the U.S.

Corrugated and solid fiber box exports from the United States declined to X tons in 2022, reducing by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then fell in the following year.

In value terms, corrugated and solid fiber box exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mexico (X tons) and Canada (X tons) were the main destinations of corrugated and solid fiber box exports from the United States.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%).

In value terms, Mexico ($X) and Canada ($X) constituted the largest markets for corrugated and solid fiber box exported from the United States worldwide.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average export price for corrugated and solid fiber box stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2013 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.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mexico stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%).

Imports of Corrugated And Solid Fiber Box

Imports into the U.S.

In 2022, purchases abroad of corrugated and solid fiber box increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, corrugated and solid fiber box imports expanded markedly to $X in 2022. In general, total imports indicated a strong expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main suppliers of corrugated and solid fiber box imports to the United States, with a combined X% share of total imports. Turkey, Vietnam and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), China ($X) and Mexico ($X) appeared to be the largest corrugated and solid fiber box suppliers to the United States, together comprising X% of total imports. Turkey, Vietnam and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price for corrugated and solid fiber box stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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