The import value of fibreboard with a density between 0.5 and 0.8 g/cm3 to the US was estimated at 1.385 billion USD in 2023. The forecast indicates a steady growth from 2024 onwards, with the value expected to reach 1.6226 billion USD by 2028. Notably, between 2024 and 2028, there is a consistent annual increase, averaging a compound annual growth rate (CAGR) of around 3.05% for this period. Year-on-year growth shows a progressive upward trend in imports, reflecting a stable demand in the US market.
Future trends to watch for include:
- Potential impact of US housing and construction sector developments on fibreboard demand.
- Any shifts in global trade policies that might affect import volumes or prices.
- Technological advancements in alternative materials that could impact fibreboard popularity.
- Sustainability and environmental regulations potentially altering production and import practices.