The fibreboard import to the US in 2023 was approximately 3.290 million cubic meters. The forecasted growth from 2024 to 2028, showing steady increments, indicates a slow but consistent trend. The year-on-year growth shows a marginal increase averaging around 0.4% annually, reflective of a stable market with low volatility. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is modest, suggesting that market demand remains consistent without significant surges.
Future trends to monitor include:
- Potential shifts in US construction industry demand that could alter fibreboard needs.
- Technological advancements in production which might impact import dynamics.
- Economic policies or trade agreements that could influence import volumes.
