United Kingdom: Fiberboard Market 2025

Fiberboard Market Size in the UK

The UK fiberboard market reached $X in 2022, surging by 7.5% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Fiberboard consumption peaked in 2022 and is expected to retain growth in years to come.

Fiberboard Production in the UK

In value terms, fiberboard production declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 7.4% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Fiberboard Exports

Exports from the UK

Fiberboard exports from the UK dropped notably to X cubic meters in 2022, waning by -17.1% on 2021 figures. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. The exports peaked at X cubic meters in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, fiberboard exports rose markedly to $X in 2022. In general, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X cubic meters), Belgium (X cubic meters) and the United States (X cubic meters) were the main destinations of fiberboard exports from the UK, together accounting for 58% of total exports. Norway, the Netherlands, Germany, France, Luxembourg, Italy, Sweden, China, Austria and Saudi Arabia lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +102.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fiberboard exported from the UK were Ireland ($X), Belgium ($X) and the United States ($X), together comprising 55% of total exports. Germany, the Netherlands, France, Norway, China, Italy, Austria, Luxembourg, Sweden and Saudi Arabia lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, China, with a CAGR of +83.4%, recorded the highest rates of growth with regard to 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 fiberboard export price amounted to $X per cubic meter, with an increase of 28% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fiberboard export price increased by +67.9% against 2014 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Luxembourg ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fiberboard Imports

Imports into the UK

In 2022, approx. X cubic meters of fiber board of wood or other ligneous materials were imported into the UK; which is down by -3.6% on the year before. The total import volume increased at an average annual rate of +3.8% 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 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of X cubic meters, and then contracted modestly in the following year.

In value terms, fiberboard imports rose significantly to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Ireland (X cubic meters), Germany (X cubic meters) and Spain (X cubic meters) were the main suppliers of fiberboard imports to the UK, with a combined 65% share of total imports. Belgium, China, Poland, Latvia, Portugal, Finland and Turkey lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +61.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fiberboard suppliers to the UK were Ireland ($X), Germany ($X) and Spain ($X), together accounting for 62% of total imports. Belgium, China, Poland, Portugal, Latvia, Finland and Turkey lagged somewhat behind, together comprising a further 28%.

Turkey, with a CAGR of +52.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per cubic meter), while the price for Latvia ($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 Portugal (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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