Australia: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in Australia

In 2022, the Australian corrugated paper box market decreased by -1.1% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, enjoyed a buoyant increase. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Corrugated Paper Box Production in Australia

In value terms, corrugated paper box production reached $X in 2022 estimated in export price. In general, production saw a prominent expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 36%. Corrugated paper box production peaked at $X in 2020; afterwards, it flattened through to 2022.

Corrugated Paper Box Exports

Exports from Australia

In 2022, exports of cartons, boxes and cases of corrugated paper or paperboard from Australia soared to X tons, increasing by 164% against 2021 figures. In general, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, corrugated paper box exports soared to $X in 2022. Overall, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for corrugated paper box exports from Australia, with a 79% share of total exports. Moreover, corrugated paper box exports to New Zealand exceeded the volume sent to the second major destination, Indonesia (X tons), ninefold. Papua New Guinea (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled +17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+117.2% per year) and Papua New Guinea (-5.0% per year).

In value terms, New Zealand ($X) remains the key foreign market for cartons, boxes and cases of corrugated paper or paperboard exports from Australia, comprising 68% of total exports. The second position in the ranking was held by Indonesia ($X), with a 6.7% share of total exports. It was followed by Papua New Guinea, with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+111.1% per year) and Papua New Guinea (-1.8% per year).

Export Prices by Country

The average corrugated paper box export price stood at $X per ton in 2022, dropping by -10.8% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Indonesia ($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 Vietnam (+45.3%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Australia

In 2022, imports of cartons, boxes and cases of corrugated paper or paperboard into Australia declined to X tons, waning by -11.6% compared with 2021. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.6% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, corrugated paper box imports shrank to $X in 2022. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest corrugated paper box supplier to Australia, accounting for a 85% share of total imports. Moreover, corrugated paper box imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. The third position in this ranking was held by Malaysia (X tons), with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.0% per year) and Malaysia (-9.0% per year).

In value terms, China ($X) constituted the largest supplier of cartons, boxes and cases of corrugated paper or paperboard to Australia, comprising 84% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 2.3% share of total imports. It was followed by Malaysia, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-3.4% per year) and Malaysia (-4.0% per year).

Import Prices by Country

The average corrugated paper box import price stood at $X per ton in 2022, surging by 2.8% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper box import price increased by +83.3% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 35%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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