Vietnam: Paperboard Case Material Market 2025

Paperboard Case Material Market Size in Vietnam

The Vietnamese paperboard case material market was finally on the rise to reach $X in 2022, after five years of decline. Overall, consumption, however, saw a drastic downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Paperboard Case Material Exports

Exports from Vietnam

In 2022, overseas shipments of paperboard case materials decreased by -10% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 67% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, paperboard case material exports fell to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 26%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

China (X tons) was the main destination for paperboard case material exports from Vietnam, with a 55% share of total exports. Moreover, paperboard case material exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), fivefold. Malaysia (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at +35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-5.7% per year) and Malaysia (+47.7% per year).

In value terms, China ($X) remains the key foreign market for paperboard case materials exports from Vietnam, comprising 44% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 22% share of total exports. It was followed by Malaysia, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-4.9% per year) and Malaysia (+46.2% per year).

Export Prices by Country

The average paperboard case material export price stood at $X per ton in 2022, surging by 3% against the previous year. Over the period under review, the export price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 16%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Taiwan (Chinese) ($X per ton), while the average price for exports to China ($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 Thailand (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Paperboard Case Material Imports

Imports into Vietnam

Paperboard case material imports into Vietnam shrank modestly to X tons in 2022, waning by -2.2% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 22%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, paperboard case material imports declined to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 34% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X tons), Japan (X tons) and Thailand (X tons) were the main suppliers of paperboard case material imports to Vietnam, with a combined 72% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +23.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Japan ($X) and Thailand ($X) appeared to be the largest paperboard case material suppliers to Vietnam, together comprising 64% of total imports.

Among the main suppliers, Japan, with a CAGR of +21.5%, saw the highest rates of growth with regard to 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

The average paperboard case material import price stood at $X per ton in 2022, dropping by -8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average import price increased by 21%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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