Venezuela: Paperboard Case Material Market 2024

Paperboard Case Material Market Size in Venezuela

The Venezuelan paperboard case material market reduced slightly to $X in 2022, which is down by -1.7% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Paperboard Case Material Production in Venezuela

In value terms, paperboard case material production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production saw a slight descent. The pace of growth was the most pronounced in 2018 with an increase of 28% against the previous year. Paperboard case material production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Paperboard Case Material Exports

Exports from Venezuela

In 2022, shipments abroad of paperboard case materials increased by 6.8% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, faced a deep downturn. The growth pace was the most rapid in 2016 with an increase of 274%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, paperboard case material exports expanded rapidly to $X in 2022. Overall, exports, however, showed a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 231% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for paperboard case material exports from Venezuela, accounting for a 85% share of total exports. Moreover, paperboard case material exports to Argentina exceeded the volume sent to the second major destination, the United States (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Argentina amounted to -4.9%.

In value terms, Argentina ($X) remains the key foreign market for paperboard case materials exports from Venezuela, comprising 87% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Argentina stood at -9.3%.

Export Prices by Country

In 2022, the average paperboard case material export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The growth pace was the most rapid in 2018 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Paperboard Case Material Imports

Imports into Venezuela

After four years of growth, supplies from abroad of paperboard case materials decreased by -4.3% to X tons in 2022. In general, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 60% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, paperboard case material imports reduced notably to $X in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 62% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Peru (X tons) constituted the largest supplier of paperboard case material to Venezuela, with a 44% share of total imports. Moreover, paperboard case material imports from Peru exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Peru stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.0% per year) and Germany (+5.9% per year).

In value terms, the largest paperboard case material suppliers to Venezuela were Peru ($X), the United States ($X) and Spain ($X), together comprising 70% of total imports.

Among the main suppliers, Spain, with a CAGR of +30.9%, saw 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 paperboard case material import price amounted to $X per ton, which is down by -11.5% against the previous year. Over the period under review, the import price showed a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Spain ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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