Uruguay: Folding Boxboard Market 2025

Folding Boxboard Market Size in Uruguay

In 2021, the Uruguayan folding boxboard market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a noticeable shrinkage. Folding boxboard consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Folding Boxboard Production in Uruguay

In value terms, folding boxboard production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 113% against the previous year. Folding boxboard production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Folding Boxboard Exports

Exports from Uruguay

Folding boxboard exports from Uruguay contracted notably to X tons in 2021, declining by -86% on 2020 figures. Overall, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 727%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, folding boxboard exports dropped rapidly to $X in 2021. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 229% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Paraguay (X tons) and Argentina (X tons) were the main destinations of folding boxboard exports from Uruguay, together comprising 86% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of +27.3%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for folding boxboard exported from Uruguay were the United States ($X), Paraguay ($X) and Argentina ($X), with a combined 91% share of total exports.

Paraguay, with a CAGR of +13.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average folding boxboard export price amounted to $X per ton, with an increase of 24% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 51%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.

Folding Boxboard Imports

Imports into Uruguay

In 2021, approx. X tons of folding boxboard were imported into Uruguay; waning by -20.5% against the year before. In general, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 16% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, folding boxboard imports reduced to $X in 2021. Over the period under review, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2016 with an increase of 5.3% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Argentina (X tons) constituted the largest supplier of folding boxboard to Uruguay, with a 53% share of total imports. Moreover, folding boxboard imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold. The third position in this ranking was taken by Finland (X tons), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Argentina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-8.2% per year) and Finland (-6.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of folding boxboard to Uruguay, comprising 66% of total imports. The second position in the ranking was held by Brazil ($X), with a 14% share of total imports. It was followed by Italy, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from Argentina amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-1.7% per year) and Italy (+10.2% per year).

Import Prices by Country

In 2021, the average folding boxboard import price amounted to $X per ton, surging by 15% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Argentina ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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