U.S.: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in the U.S.

In 2022, the U.S. paper and paperboard market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2021 when the market value increased by X%. Paper and paperboard consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Paper And Paperboard Production in the U.S.

In value terms, paper and paperboard production declined modestly to $X in 2022. Over the period under review, production, however, saw a slight setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Paper and paperboard production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Paper And Paperboard Exports

Exports from the U.S.

In 2022, shipments abroad of paper and paperboard was finally on the rise to reach X tons after four years of decline. In general, exports, however, recorded a slight slump. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports rose sharply to $X in 2022. Overall, exports showed a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of paper and paperboard exports from the United States, together comprising X% of total exports. Costa Rica, Guatemala, Ecuador, Japan, Italy, South Korea, Germany, Colombia, the Dominican Republic and Turkey lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for paper and paperboard exported from the United States were Canada ($X), Mexico ($X) and China ($X), together comprising X% of total exports. Japan, Costa Rica, Guatemala, South Korea, Ecuador, Germany, Italy, Colombia, the Dominican Republic and Turkey lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Costa Rica, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Italy ($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 Costa Rica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into the U.S.

In 2022, supplies from abroad of paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, paper and paperboard imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest paper and paperboard supplier to the United States, with a X% share of total imports. Moreover, paper and paperboard imports from Canada exceeded the figures recorded by the second-largest supplier, Finland (X tons), fivefold. The third position in this ranking was held by Sweden (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Sweden (X% per year).

In value terms, Canada ($X) constituted the largest supplier of paper and paperboard to the United States, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average paper and paperboard import price amounted to $X per ton, 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 attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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