The import volume of unbleached kraft paper and paperboard weighing 150 g/m2 or less to the US is forecasted to decline from 29.805 million kilograms in 2024 to 18.226 million kilograms by 2028. This shows a clear downward trend with a consistent year-on-year decrease in volume. Calculating the Compound Annual Growth Rate (CAGR) over the five years, the average annual decline is noticeable. In 2023, the actual import volume provides a baseline for comparison, underscoring a decreasing demand or shift in market dynamics.
Future trends to watch for include potential impacts of digitalization reducing paper use, increasing environmental regulations, and shifts in consumer behavior towards recyclable and biodegradable materials. These factors could further influence the import volumes and industry dynamics in the coming years.
