Latin America and the Caribbean: Fibreboard Market 2024

Fibreboard Market Size in Latin America and the Caribbean

In 2022, after three years of growth, there was decline in the Latin American fibreboard market, when its value decreased by X% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Fibreboard Production in Latin America and the Caribbean

In value terms, fibreboard production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Fibreboard Exports

Exports in Latin America and the Caribbean

In 2022, approx. X cubic meters of fibreboard were exported in Latin America and the Caribbean; increasing by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fibreboard exports soared to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Brazil was the largest exporting country with an export of about X cubic meters, which reached X% of total exports. It was distantly followed by Chile (X cubic meters), making up a X% share of total exports. Mexico (X cubic meters), Uruguay (X cubic meters), Argentina (X cubic meters) and Ecuador (X cubic meters) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fibreboard supplying countries in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Mexico ($X), together comprising X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per cubic meter, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per cubic meter), while Uruguay ($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 Chile (X%), while the other leaders experienced more modest paces of growth.

Fibreboard Imports

Imports in Latin America and the Caribbean

Fibreboard imports dropped significantly to X cubic meters in 2022, declining by X% against 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then fell sharply in the following year.

In value terms, fibreboard imports fell modestly to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Mexico was the main importing country with an import of around X cubic meters, which accounted for X% of total imports. Colombia (X cubic meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%), Peru (X%), the Dominican Republic (X%) and Bolivia (X%). Ecuador (X cubic meters), Uruguay (X cubic meters), Guatemala (X cubic meters), Argentina (X cubic meters), Paraguay (X cubic meters) and Costa Rica (X cubic meters) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fibreboard imports into Mexico stood at X%. At the same time, the Dominican Republic (X%), Bolivia (X%), Paraguay (X%), Chile (X%), Guatemala (X%), Costa Rica (X%) and Uruguay (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Peru experienced a relatively flat trend pattern. By contrast, Argentina (X%), Ecuador (X%) and Colombia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Dominican Republic, Chile and Bolivia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported fibreboard in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Colombia (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per cubic meter), while Bolivia ($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 Mexico (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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