The import of paper and paperboard, articles of pulp, paper, and board to the US is forecasted to increase annually from 2024 to 2028. The series starts at $19.935 billion in 2024, rising consistently to $20.672 billion by 2028. This represents a year-on-year percentage growth roughly around 0.9% to 0.8%. In 2023, the import value was $19.75 billion. Thus, from 2023 to 2028, the compound annual growth rate (CAGR) is approximately 0.9%.
Future trends to watch:
- Possible shifts toward sustainable materials impacting demand.
- Trade policies and tariffs affecting international procurement.
- Technological innovations in packaging and materials.
