CIS: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in CIS

The CIS corrugated paper box market was estimated at $X in 2022, growing by 4.1% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +66.7% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Corrugated Paper Box Production in CIS

In value terms, corrugated paper box production reached $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.4% 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 -1.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 16% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Corrugated Paper Box Exports

Exports in CIS

After ten years of growth, shipments abroad of cartons, boxes and cases of corrugated paper or paperboard decreased by -0.8% to X tons in 2022. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 27% against the previous year. The volume of export peaked at X tons in 2021, and then contracted modestly in the following year.

In value terms, corrugated paper box exports reduced remarkably to $X in 2022. Over the period under review, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Russia dominates exports structure, accounting for X tons, which was near 90% of total exports in 2022. It was distantly followed by Belarus (X tons), committing a 5% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the cartons, boxes and cases of corrugated paper or paperboard exports, with a CAGR of +17.0% from 2012 to 2022. At the same time, Kazakhstan (+4.6%) displayed positive paces of growth. By contrast, Belarus (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by +43 percentage points.

In value terms, Russia ($X) remains the largest corrugated paper box supplier in the CIS, comprising 89% of total exports. The second position in the ranking was held by Belarus ($X), with a 6.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled +15.7%. In the other countries, the average annual rates were as follows: Belarus (-2.4% per year) and Kazakhstan (+2.2% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, reducing by -15.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 61% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.2%), while the other leaders experienced a decline in the export price figures.

Corrugated Paper Box Imports

Imports in CIS

In 2022, corrugated paper box imports in the CIS fell to X tons, with a decrease of -5% compared with the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, corrugated paper box imports expanded remarkably to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +37.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Belarus represented the key importing country with an import of about X tons, which accounted for 47% of total imports. Russia (X tons) ranks second in terms of the total imports with a 19% share, followed by Kazakhstan (14%) and Moldova (12%). Azerbaijan (X tons), Kyrgyzstan (X tons) and Uzbekistan (X tons) followed a long way behind the leaders.

Imports into Belarus increased at an average annual rate of +11.9% from 2012 to 2022. At the same time, Moldova (+13.4%), Azerbaijan (+4.6%), Kazakhstan (+3.9%) and Kyrgyzstan (+3.3%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +13.4% from 2012-2022. By contrast, Uzbekistan (-6.5%) and Russia (-7.7%) illustrated a downward trend over the same period. While the share of Belarus (+26 p.p.), Moldova (+7.3 p.p.) and Uzbekistan (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-37.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) constitutes the largest market for imported cartons, boxes and cases of corrugated paper or paperboard in the CIS, comprising 48% of total imports. The second position in the ranking was held by Russia ($X), with a 20% share of total imports. It was followed by Kazakhstan, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Belarus amounted to +13.2%. In the other countries, the average annual rates were as follows: Russia (-7.0% per year) and Kazakhstan (+4.3% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, growing by 11% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 33%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :