Peru: Corrugated Paper Box Market 2025

Corrugated Paper Box Market Size in Peru

The Peruvian corrugated paper box market dropped sharply to $X in 2022, with a decrease of -20.8% against 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). In general, consumption recorded a pronounced contraction. Corrugated paper box consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Corrugated Paper Box Exports

Exports from Peru

In 2022, the amount of cartons, boxes and cases of corrugated paper or paperboard exported from Peru surged to X tons, growing by 24% against the previous year. In general, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, corrugated paper box exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chile (X tons), Costa Rica (X tons) and Free Zones (X tons) were the main destinations of corrugated paper box exports from Peru, together accounting for 71% of total exports.

From 2012 to 2022, the biggest increases were recorded for Costa Rica (with a CAGR of +61.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) remains the key foreign market for cartons, boxes and cases of corrugated paper or paperboard exports from Peru, comprising 42% of total exports. The second position in the ranking was held by Costa Rica ($X), with a 15% share of total exports. It was followed by Bolivia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Chile stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+39.9% per year) and Bolivia (-2.9% per year).

Export Prices by Country

The average corrugated paper box export price stood at $X per ton in 2022, reducing by -7.4% against the previous year. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2013 an increase of 9.3%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Box Imports

Imports into Peru

In 2022, corrugated paper box imports into Peru contracted slightly to X tons, remaining stable against the year before. Over the period under review, imports showed a slight decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, corrugated paper box imports reduced slightly to $X in 2022. In general, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 +3.0% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by 29% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Chile (X tons) constituted the largest corrugated paper box supplier to Peru, accounting for a 57% share of total imports. Moreover, corrugated paper box imports from Chile exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Ecuador (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Chile totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.4% per year) and Ecuador (-18.1% per year).

In value terms, the largest corrugated paper box suppliers to Peru were Chile ($X), China ($X) and Ecuador ($X), with a combined 79% share of total imports. The United States, Bolivia, Mexico and the Dominican Republic lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Bolivia, with a CAGR of +64.4%, recorded 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

In 2022, the average corrugated paper box import price amounted to $X per ton, shrinking by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 an increase of 10%. The import price peaked at $X per ton in 2021, and then contracted in the following year.

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 China ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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