Chile: Folding Boxboard Market 2024

Folding Boxboard Market Size in Chile

The Chilean folding boxboard market surged to $X in 2021, growing by 49% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Folding Boxboard Production in Chile

In value terms, folding boxboard production reached $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Folding Boxboard Exports

Exports from Chile

In 2021, after three years of growth, there was significant decline in shipments abroad of folding boxboard, when their volume decreased by -7.3% to X tons. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 25%. Over the period under review, the exports reached the maximum at X tons in 2020, and then declined in the following year.

In value terms, folding boxboard exports dropped modestly to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 26%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell in the following year.

Exports by Country

The United States (X tons), Mexico (X tons) and Australia (X tons) were the main destinations of folding boxboard exports from Chile, with a combined 32% share of total exports. These countries were followed by the UK, Argentina, Colombia, Brazil, Peru, the Netherlands, the Philippines, Italy, Ecuador and China, which together accounted for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for folding boxboard exported from Chile were the United States ($X), Mexico ($X) and Argentina ($X), together comprising 31% of total exports. These countries were followed by Colombia, the UK, Australia, Peru, Italy, the Netherlands, Brazil, the Philippines, Ecuador and China, which together accounted for a further 48%.

China, with a CAGR of +32.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average folding boxboard export price amounted to $X per ton, rising by 7.3% against the previous year. Over the period under review, the export price, however, saw a slight downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Argentina ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.2%), while the prices for the other major destinations experienced a decline.

Folding Boxboard Imports

Imports into Chile

In 2021, purchases abroad of folding boxboard was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, folding boxboard imports soared to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 33% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Paraguay (X tons) and Spain (X tons) were the main suppliers of folding boxboard imports to Chile, with a combined 50% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +84.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest folding boxboard suppliers to Chile were the United States ($X), Spain ($X) and Paraguay ($X), together accounting for 43% of total imports.

Among the main suppliers, Paraguay, with a CAGR of +104.0%, recorded 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

The average folding boxboard import price stood at $X per ton in 2021, with an increase of 16% against the previous year. Overall, the import price, however, showed a mild shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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