Argentina: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Argentina

The Argentinian non-corrugated paper box market reduced to $X in 2022, falling by -6.5% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Non-corrugated paper box consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Corrugated Paper Box Production in Argentina

In value terms, non-corrugated paper box production shrank to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Non-corrugated paper box production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Non-Corrugated Paper Box Exports

Exports from Argentina

In 2022, the amount of folding cartons, boxes and cases of non-corrugated paper or paperboard exported from Argentina soared to X tons, jumping by 92% compared with the previous year. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 105%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-corrugated paper box exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons) was the main destination for non-corrugated paper box exports from Argentina, accounting for a 73% share of total exports. Moreover, non-corrugated paper box exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), fivefold. Bolivia (X tons) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil totaled -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-9.9% per year) and Bolivia (+29.7% per year).

In value terms, Brazil ($X) emerged as the key foreign market for folding cartons, boxes and cases of non-corrugated paper or paperboard exports from Argentina, comprising 76% of total exports. The second position in the ranking was held by Uruguay ($X), with a 10% share of total exports. It was followed by Bolivia, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Brazil totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-12.1% per year) and Bolivia (+29.1% per year).

Export Prices by Country

The average non-corrugated paper box export price stood at $X per ton in 2022, picking up by 9.5% against the previous year. Overall, the export price saw slight growth. The pace of growth appeared the most rapid in 2018 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Corrugated Paper Box Imports

Imports into Argentina

Non-corrugated paper box imports into Argentina rose remarkably to X tons in 2022, picking up by 11% on 2021 figures. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, non-corrugated paper box imports rose rapidly to $X in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of non-corrugated paper box to Argentina, accounting for a 51% share of total imports. Moreover, non-corrugated paper box imports from Brazil exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Hungary (X tons) ranked third in terms of total imports with a 21% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to +36.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.8% per year) and Hungary (+143.5% per year).

In value terms, Brazil ($X), Hungary ($X) and Spain ($X) appeared to be the largest non-corrugated paper box suppliers to Argentina, with a combined 94% share of total imports.

Among the main suppliers, Hungary, with a CAGR of +120.2%, saw 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

In 2022, the average non-corrugated paper box import price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 14%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Hungary ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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