U.S.: Folding Paperboard Box Market 2024

Folding Paperboard Box Market Size in the U.S.

In 2023, the U.S. folding paperboard box market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Folding Paperboard Box Production in the U.S.

In value terms, folding paperboard box production shrank slightly to $X in 2023. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.

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Folding Paperboard Box Exports

Exports from the U.S.

In 2023, shipments abroad of folding paperboard box decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports failed to regain momentum.

In value terms, folding paperboard box exports shrank to $X in 2023. The total export value increased at an average annual rate of X% from 2013 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then shrank in the following year.

Exports by Country

Canada (X tons), Mexico (X tons) and the Dominican Republic (X tons) were the main destinations of folding paperboard box exports from the United States, together comprising X% of total exports.

From 2013 to 2023, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), Mexico ($X) and the Dominican Republic ($X) constituted the largest markets for folding paperboard box exported from the United States worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of X%, recorded 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

The average folding paperboard box export price stood at $X per ton in 2023, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is likely to continue growth in the near future.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Folding Paperboard Box Imports

Imports into the U.S.

In 2023, approx. X tons of folding paperboard box were imported into the United States; shrinking by X% compared with 2022 figures. The total import volume increased at an average annual rate of X% over the period from 2013 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, folding paperboard box imports dropped to $X in 2023. The total import value increased at an average annual rate of X% from 2013 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, Canada (X tons) constituted the largest supplier of folding paperboard box to the United States, with a X% share of total imports. Moreover, folding paperboard box imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Mexico (X tons) ranked third in terms of total imports with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Mexico (X% per year).

In value terms, the largest folding paperboard box suppliers to the United States were Canada ($X), China ($X) and Mexico ($X), with a combined X% share of total imports. Vietnam, Indonesia, Germany and India lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, 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 folding paperboard box import price stood at $X per ton in 2023, remaining relatively unchanged against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

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

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform