Bolivia: Fiberboard Market 2024

Fiberboard Market Size in Bolivia

The Bolivian fiberboard market rose to $X in 2022, surging by 1.9% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.6% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Fiberboard Production in Bolivia

In value terms, fiberboard production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 37%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Fiberboard Exports

Exports from Bolivia

In 2022, shipments abroad of fiber board of wood or other ligneous materials increased by 1,007% to X cubic meters, rising for the second year in a row after two years of decline. Overall, exports saw a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,532% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, fiberboard exports fell to $X in 2022. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Peru (X cubic meters), Chile (X cubic meters) and Paraguay (X cubic meters) were the main destinations of fiberboard exports from Bolivia, together accounting for 89% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +128.0%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and Paraguay ($X) were the largest markets for fiberboard exported from Bolivia worldwide, together accounting for 88% of total exports.

In terms of the main countries of destination, Paraguay, with a CAGR of +138.1%, 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 fiberboard export price stood at $X per cubic meter in 2022, which is down by -91.6% 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 2019 an increase of 4,138% against the previous year. The export price peaked at $X per cubic meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Uruguay ($X per cubic meter) and Chile ($X per cubic meter), while the average price for exports to Argentina ($X per cubic meter) and Peru ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Fiberboard Imports

Imports into Bolivia

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were imported into Bolivia; which is down by -7.4% against the year before. Over the period under review, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, fiberboard imports rose remarkably to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Brazil (X cubic meters) constituted the largest supplier of fiberboard to Bolivia, with a 60% share of total imports. Moreover, fiberboard imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X cubic meters), twofold. Argentina (X cubic meters) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.1% per year) and Argentina (+0.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of fiber board of wood or other ligneous materials to Bolivia, comprising 59% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Argentina, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from Brazil stood at +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.4% per year) and Argentina (+4.8% per year).

Import Prices by Country

The average fiberboard import price stood at $X per cubic meter in 2022, rising by 15% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fiberboard import price increased by +92.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ecuador ($X per cubic meter) and China ($X per cubic meter), while the price for Chile ($X per cubic meter) and Argentina ($X per cubic meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform