Mexico: Fiberboard Market 2025

Fiberboard Market Size in Mexico

The Mexican fiberboard market stood at $X in 2022, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a moderate increase 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, consumption increased by +96.8% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Fiberboard Exports

Exports from Mexico

In 2022, the amount of fiber board of wood or other ligneous materials exported from Mexico expanded sharply to X cubic meters, surging by 10% on the year before. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 162% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, fiberboard exports soared to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 152% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X cubic meters) was the main destination for fiberboard exports from Mexico, accounting for a 96% share of total exports. It was followed by Guatemala (X cubic meters), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +44.2%.

In value terms, the United States ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from Mexico, comprising 99% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +47.5%.

Export Prices by Country

The average fiberboard export price stood at $X per cubic meter in 2022, growing by 80% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export 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 Guatemala amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced a decline.

Fiberboard Imports

Imports into Mexico

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were imported into Mexico; remaining constant against the previous year. In general, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +2.5% 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 +90.6% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports attained the peak of X cubic meters, leveling off in the following year.

In value terms, fiberboard imports expanded to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +103.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Brazil (X cubic meters), the United States (X cubic meters) and Chile (X cubic meters) were the main suppliers of fiberboard imports to Mexico, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +22.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard suppliers to Mexico were the United States ($X), China ($X) and Brazil ($X), with a combined 70% share of total imports.

In terms of the main suppliers, China, with a CAGR of +19.3%, saw the highest growth rate of 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, with an increase of 2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2013 when the average import price increased by 6.8%. Over the period under review, average import prices attained the peak figure in 2022 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 Canada ($X per cubic meter), while the price for Brazil ($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 Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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