Italy: Fiberboard Market 2024

Fiberboard Market Size in Italy

In 2022, the Italian fiberboard market increased by 60% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +64.0% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fiberboard Production in Italy

In value terms, fiberboard production shrank modestly to $X in 2022 estimated in export price. In general, the total production indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +1.4% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 64%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Fiberboard Exports

Exports from Italy

In 2022, shipments abroad of fiber board of wood or other ligneous materials decreased by -26.2% to X cubic meters for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fiberboard exports fell to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X cubic meters) was the main destination for fiberboard exports from Italy, accounting for a 28% share of total exports. Moreover, fiberboard exports to Germany exceeded the volume sent to the second major destination, Tunisia (X cubic meters), threefold. Slovenia (X cubic meters) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-12.2% per year) and Slovenia (+5.7% per year).

In value terms, Germany ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from Italy, comprising 29% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 6.1% share of total exports. It was followed by the United States, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-9.2% per year) and the United States (+20.8% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, jumping by 32% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.0% 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 +10.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per cubic meter), while the average price for exports to Cyprus ($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 Spain (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into Italy

In 2022, imports of fiber board of wood or other ligneous materials into Italy soared to X cubic meters, growing by 60% on the previous year. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% 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 +70.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fiberboard imports soared to $X in 2022. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X cubic meters), Romania (X cubic meters) and Slovenia (X cubic meters) were the main suppliers of fiberboard imports to Italy, with a combined 50% share of total imports. Poland, France, Hungary, Belgium, Bulgaria, Spain, Austria, Portugal and Switzerland lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +23.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Slovenia ($X) appeared to be the largest fiberboard suppliers to Italy, together accounting for 49% of total imports.

Among the main suppliers, Poland, with a CAGR of +26.4%, 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

The average fiberboard import price stood at $X per cubic meter in 2022, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 an increase of 39%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 ($X per cubic meter), while the price for Bulgaria ($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 Portugal (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :