Northern America: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Northern America

In 2022, the North American paper pulp moulded articles market increased by 26% to $X, rising for the fourth year in a row after two years of decline. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +85.1% against 2018 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Moulded Or Pressed Articles Of Paper Pulp in Northern America

In value terms, paper pulp moulded articles production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 33% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports in Northern America

In 2022, the amount of moulded or pressed articles of paper pulp exported in Northern America rose sharply to X tons, picking up by 7.3% against 2021 figures. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, paper pulp moulded articles exports skyrocketed to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +46.7% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United States (X tons), distantly followed by Canada (X tons) were the largest exporters of moulded or pressed articles of paper pulp, together achieving 100% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United States (with a CAGR of +6.1%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of exports in 2022.

The United States, with a CAGR of +6.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 19%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.9%).

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports in Northern America

Paper pulp moulded articles imports skyrocketed to X tons in 2022, growing by 50% against the previous year's figure. Over the period under review, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper pulp moulded articles imports surged to $X in 2022. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the largest importing country with an import of about X tons, which reached 84% of total imports. It was distantly followed by Canada (X tons), generating a 16% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to paper pulp moulded articles imports into the United States stood at +15.8%. At the same time, Canada (+17.4%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +17.4% from 2012-2022. While the share of Canada (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (-1.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported moulded or pressed articles of paper pulp in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

In the United States, paper pulp moulded articles imports increased at an average annual rate of +15.6% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the import price increased by 4% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.2%).

Source: IndexBox Platform

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