Paper Board Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Paper Board in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Paper Board Price Trend for First Half of 2023

In the first and second quarters of 2023, the price trend of paper boards was dependent on the market activities of the paper and pulp industries. In North America, the traders observed several cuts in their profit margins. This led to the fall in the price trend of paper boards as these cuts in profit were a direct result of the lower number of inquiries from consumers, rising rates of inflation, and shifting market dynamics.

Paper Board Price Trends and Forecast

In addition to this, many manufacturing units in North America faced maintenance issues that eventually led to a fall in the production rates of paper boards, which affected the growth of the market negatively. The related downstream industries also struggled with the sluggish purchasing potential of buyers and rising levels of inventories. The demand sector, as seen throughout the first and second quarters, declined more than expected levels, and thus, the price trend of paper boards moved southwards.

Analyst Insight

According to Procurement Resource, the price trend of the Paper Board is expected to showcase a mixed trajectory as the demand from downstream industries is likely to remain weak, but the positive movement of the market activities globally will support the paper board market dynamics.

Paper Board Price Trend for Second Half of 2022

The third and fourth quarters of 2022 witnessed an inclination in the prices of paper boards that were majorly influenced by the prices of paper and pulp industries. The most prominent cause of this oscillation in the trend was the high volatility in the cost of raw materials, energy production, and transportation rates. The rising trend of paper board prices was also supported by the issues in supply chains, as due to the slow recovery of the market from COVID-related restrictions and the long holiday season, labor in the market remained scarce.

The major driver of demand for paper boards was the packaging industry, whose revenue increased exponentially in the last two quarters of 2023. This market enhanced its rates even during the period of COVID-19 as consumer demands supported the growth of the prices of packaging materials that, in turn, directly led to the rise in the prices of paper boards.

Analyst Insight

According to Procurement Resource, the price trend of Paper Board is expected to depict an oscillating trajectory as the demand from downstream industries seems to support the growth in prices of paper boards while the uncertain market conditions present a challenge.

Paper Board Price Trend For the First Half of 2022

Asia

The stock and prices of coniferous wood such as pine were affected owing to the sanctions against Russia. The western retaliatory sanctions against Russian exports affected the international flow of forest products. The investments in Russian forest products dwindled which negatively impacted the pulp and paper prices globally.

In China, the price of paperboard (230-400g) averaged 6910 RMB/ton in March 2022. With the high upstream operating costs and lower demand, the prices in the Chinese market started to stabilize and eventually plateaued.

The demand side support was not enough and after the removal of covid restrictions the paper mills started churning out more products, thus the price trend of paperboard depended greatly on the supply-demand dynamics. The price of paperboard (230-400g) averaged 6673.33 RMB/MT during the end of said period.

Europe

With the continuous rise in the operating, transportation, and feedstock costs amid the solid demand from end-user industries the prices of paperboard soared throughout the European region. Sappi Europe- one of the global leaders in sustainable wood fibre products raised their prices for paperboard by 8% in April 2022.

North America

The price trend of paperboard kept strong throughout the US domestic market owing to the robust demand from the downstream packaging industry. The constricted supply lines, difficult logistics and labour shortages further added to the price rise. The Producer Price Index for paper boards went from 331.067 in January to 361.020 in June 2022, indicating the inflated price rise.

Procurement Resource provides latest prices of Paper Board. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Paper Board is a dense/thick paper-based material superior to ordinary paper in terms of rigidity and foldability. It is lightweight, strong and can be easily shaped; hence it is widely used in the packaging industry. Apart from packaging, they are highly appreciated in the printing industry as their durability and rigidity help guarantee the printed material's long life. Depending on the manufacturing process, applied paperboards with varying thickness and rigidity can be produced.

Product Details

Report Features Details
Product Name Paper Board
HS CODE 481019
Synonyms Posterboard, Cardboard
Industrial Uses Printing, Packaging, Textiles
Supplier Database Stora Enso, International Paper, Nine Dragons Paper Holdings, Oji Paper Company
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs

Production Processes

  • Production of Paper Board from Pulping, Bleaching, Coating

The raw materials are turned into pulp and bleached to create layers of boards, which can be customized depending on thickness and dimensions. The raw material used is typically virgin wood or recycled waste paper.

.Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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