Ireland: Fiberboard Market 2025

Fiberboard Market Size in Ireland

The Irish fiberboard market surged to $X in 2022, picking up by 23% against the previous year. Over the period under review, consumption saw mild growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fiberboard Production in Ireland

In value terms, fiberboard production dropped slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 6.6%. Fiberboard production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Fiberboard Exports

Exports from Ireland

Fiberboard exports from Ireland reduced to X cubic meters in 2022, which is down by -11.1% against 2021 figures. The total export volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of X cubic meters, and then contracted in the following year.

In value terms, fiberboard exports reached $X in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +58.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

The UK (X cubic meters) was the main destination for fiberboard exports from Ireland, with a 78% share of total exports. Moreover, fiberboard exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X cubic meters), ninefold. The third position in this ranking was taken by Belgium (X cubic meters), with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+1.6% per year) and Belgium (+2.3% per year).

It was followed by France, with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+10.4% per year) and France (-3.6% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, increasing by 14% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 +47.3% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 31%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per cubic meter) and Germany ($X per cubic meter), while the average price for exports to Belgium ($X per cubic meter) and France ($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 the Netherlands (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Ireland

In 2022, overseas purchases of fiber board of wood or other ligneous materials decreased by -24.6% to X cubic meters for the first time since 2013, thus ending a eight-year rising trend. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of X cubic meters, and then dropped notably in the following year.

In value terms, fiberboard imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Spain (X cubic meters), the UK (X cubic meters) and Portugal (X cubic meters) were the main suppliers of fiberboard imports to Ireland, with a combined 60% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +57.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and Germany ($X) constituted the largest fiberboard suppliers to Ireland, together comprising 61% of total imports. Portugal, Belgium, Poland, China, Austria and Switzerland lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, Portugal, with a CAGR of +65.6%, saw the highest rates of growth with regard to 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

In 2022, the average fiberboard import price amounted to $X per cubic meter, with an increase of 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.7%. As a result, import price reached the peak level and is likely to continue 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 Switzerland ($X per cubic meter), while the price for Poland ($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 Switzerland (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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