U.S. Paperboard Market. Analysis And Forecast to 2030
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View PricingExport of U.S. Paperboard Slips to $405M in November 2023
U.S. Paperboard Exports
In November 2023, shipments abroad of paperboard decreased by -2.8% to 574K tons for the first time since July 2023, thus ending a three-month rising trend. The total export volume increased at an average monthly rate of +1.7% from November 2022 to November 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in March 2023 with an increase of 29% month-to-month. As a result, the exports reached the peak of 594K tons. From April 2023 to November 2023, the growth of the exports remained at a lower figure.
In value terms, paperboard exports declined slightly to $405M (IndexBox estimates) in November 2023. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when exports increased by 20% m-o-m. As a result, the exports reached the peak of $492M. From April 2023 to November 2023, the growth of the exports remained at a lower figure.
COUNTRY | Export Value of Paperboard in U.S. (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
Canada | 128 | 118 | 129 | 126 | 133 | 120 | 122 | 124 | 122 | 109 | 121 | 118 | 114 |
Mexico | 105 | 113 | 128 | 111 | 129 | 106 | 132 | 107 | 98.8 | 98.1 | 103 | 101 | 97.8 |
China | 29.5 | 29.8 | 24.4 | 27.2 | 37.1 | 30.4 | 25.1 | 28.9 | 23.8 | 25.0 | 33.2 | 25.3 | 24.9 |
Costa Rica | 16.2 | 18.4 | 16.0 | 11.4 | 22.5 | 22.0 | 14.4 | 17.5 | 18.1 | 16.1 | 13.9 | 15.9 | 14.4 |
Japan | 17.1 | 16.7 | 13.6 | 12.5 | 8.0 | 11.9 | 10.9 | 12.5 | 10.3 | 10.3 | 9.9 | 9.1 | 10.2 |
Italy | 13.0 | 10.8 | 10.5 | 7.3 | 9.9 | 10.6 | 11.2 | 12.7 | 5.0 | 9.8 | 12.1 | 10.1 | 6.5 |
Dominican Republic | 9.9 | 7.9 | 13.1 | 7.3 | 10.5 | 4.7 | 8.3 | 5.0 | 5.2 | 5.9 | 6.5 | 6.1 | 5.1 |
Others | 113 | 137 | 128 | 108 | 143 | 111 | 106 | 110 | 99.3 | 112 | 122 | 134 | 132 |
Total | 432 | 451 | 462 | 410 | 492 | 417 | 431 | 417 | 382 | 386 | 421 | 420 | 405 |
Exports by Country
Mexico (134K tons), Canada (121K tons) and China (51K tons) were the main destinations of paperboard exports from the United States, with a combined 53% share of total exports. These countries were followed by Costa Rica, Italy, Japan and the Dominican Republic, which together accounted for a further 9.3%.
From November 2022 to November 2023, the biggest increases were in Costa Rica (with a CAGR of +2.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for paperboard exported from the United States were Canada ($114M), Mexico ($98M) and China ($25M), together comprising 58% of total exports.
Among the main countries of destination, Mexico, with a CAGR of -0.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In November 2023, the paperboard price amounted to $704 per ton (FOB, US), approximately reflecting the previous month. In general, the export price showed a perceptible decline. As a result, the export price attained the peak level of $917 per ton. From December 2022 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($1,200 per ton), while the average price for exports to China ($493 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.3%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the paperboard market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 322130 - Paperboard mills
Companies mentioned:
- Graphic Packaging Holding Company
- Sonoco Products Company
- Westrock Company
- Packaging Corporation of America
- Menasha Corporation
- Green Bay Packaging
- Westrock Minnesota Corporation
- The Real Reel Corporation
- Artistic Carton Company
- Chesapeake International Holding Company
- Interstate Paper
- Interstate Resources
- Fibermark North America
- Mafcote
- Stone Southwest
- Canal Corporation
- Westrock Mwv
- Rock-Tenn Converting Company
- Gpi Holdings
- Republic Paperboard Company
- Fmk Holdings
- Norampac Industries
- Multi-Wall Packaging
- Greenpac Mill
- New-Indy Containerboard Hold Co
- Asp Fibermark Holdings
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024