Colombia: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Colombia

The Colombian non-corrugated paper box market reduced to $X in 2022, waning by -7.1% 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 +3.9% 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 +8.3% against 2020 indices. Non-corrugated paper box consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Corrugated Paper Box Production in Colombia

In value terms, non-corrugated paper box production shrank to $X in 2022 estimated in export price. In general, the total production indicated tangible growth 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 increased by +8.8% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by 27% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Corrugated Paper Box Exports

Exports from Colombia

In 2022, after four years of growth, there was significant decline in shipments abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard, when their volume decreased by -18.8% to X tons. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-corrugated paper box exports dropped to $X in 2022. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Mexico (X tons) and Peru (X tons) were the main destinations of non-corrugated paper box exports from Colombia, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +26.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and Peru ($X) constituted the largest markets for non-corrugated paper box exported from Colombia worldwide, together accounting for 74% of total exports.

Mexico, with a CAGR of +22.6%, saw the highest growth rate of the value of exports, among 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 2022, the average non-corrugated paper box export price amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2017 an increase of 32% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($X per ton), while the average price for exports to Venezuela ($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 Free Zones (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Corrugated Paper Box Imports

Imports into Colombia

In 2022, non-corrugated paper box imports into Colombia dropped notably to X tons, with a decrease of -28.5% compared with 2021. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 206% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, non-corrugated paper box imports declined sharply to $X in 2022. Overall, imports, however, saw a notable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 164% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United States (X tons) and Peru (X tons) were the main suppliers of non-corrugated paper box imports to Colombia, with a combined 83% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +21.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of folding cartons, boxes and cases of non-corrugated paper or paperboard to Colombia, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 22% share of total imports. It was followed by Peru, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+20.2% per year) and Peru (+4.3% per year).

Import Prices by Country

In 2022, the average non-corrugated paper box import price amounted to $X per ton, falling by -3.5% against the previous year. Over the period under review, the import price saw a perceptible setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 22%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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