Chile: Fiberboard Market 2024

Fiberboard Market Size in Chile

In 2022, after ten years of growth, there was significant decline in the Chilean fiberboard market, when its value decreased by -11.7% to $X. Over the period under review, consumption, however, showed a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Fiberboard Production in Chile

In value terms, fiberboard production amounted to $X in 2022 estimated in export price. In general, production recorded a strong increase. The growth pace was the most rapid in 2013 with an increase of 20%. Fiberboard production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Fiberboard Exports

Exports from Chile

In 2022, exports of fiber board of wood or other ligneous materials from Chile rose slightly to X cubic meters, increasing by 2.6% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 8.2%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, fiberboard exports soared to $X in 2022. In general, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X cubic meters) was the main destination for fiberboard exports from Chile, with a 71% share of total exports. Moreover, fiberboard exports to the United States exceeded the volume sent to the second major destination, Mexico (X cubic meters), sixfold. Canada (X cubic meters) ranked third in terms of total exports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-8.3% per year) and Canada (-6.4% per year).

In value terms, the United States ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from Chile, comprising 81% of total exports. The second position in the ranking was taken by Mexico ($X), with a 6.8% share of total exports. It was followed by Canada, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.9% per year) and Canada (-3.1% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, increasing by 47% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price 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, fiberboard export price increased by +76.2% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to Ecuador ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Chile

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were imported into Chile; with a decrease of -51.2% on the previous year. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 135% against the previous year. As a result, imports attained the peak of X cubic meters, and then shrank dramatically in the following year.

In value terms, fiberboard imports declined significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 191% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Germany (X cubic meters), China (X cubic meters) and Brazil (X cubic meters) were the main suppliers of fiberboard imports to Chile, together comprising 68% of total imports. Austria, Argentina, Spain and Turkey lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +43.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Austria ($X) appeared to be the largest fiberboard suppliers to Chile, with a combined 68% share of total imports. Brazil, Turkey, Spain and Argentina lagged somewhat behind, together accounting for a further 24%.

Turkey, with a CAGR of +51.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 fiberboard import price amounted to $X per cubic meter, increasing by 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 when the average import price increased by 45% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual 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 Turkey ($X per cubic meter), while the price for Argentina ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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