Fibreboard market in Bolivia

Earlier Report Observations

The fibreboard market in Bolivia between 2018 and 2020 was characterized by incipient domestic production of MDF panels and a high reliance on imports to meet local demand. Market volume stood at 18 046 thousand USD in 2018 before declining to 16 808 thousand USD in 2019. The COVID-19 pandemic restrictions implemented from March 2020 significantly reduced construction activity and demand for building materials, leading to a further market contraction to 14 079 thousand USD that year.

Post-pandemic recovery began in 2021, with market volume rising to 15 077 thousand USD as the industry adapted supply chains and demand patterns following the pandemic's impact. Growth continued in 2022, pushing the market to 17 532 thousand USD. However, in 2023 the market contracted to 16 568 thousand USD. During this period, national infrastructure programs, including a major expansion of fibre-optic networks under state initiatives like 'Nación Digital', progressed, creating underlying demand for construction materials.

Over the full period from 2018 to 2023, domestic production of fibreboard increased from 6 827 thousand USD to 8 930 thousand USD, indicating a gradual shift in market structure. Imports remained volatile, influencing overall market size fluctuations alongside evolving consumer behavior and government digitalization policies.

Production fibreboard in Bolivia

In kind, 2017-2020, m³

Top producers of fibreboard, 2017-2020

World map of production of fibreboard, 2017-2020

In 2020, Bolivia produced 21 000 m³ of fibreboard, a figure that remained virtually unchanged from the previous year. The largest decline occurred in 2018, at 0.0%, while the largest increase was also recorded in 2018, at 0.0%.

Annual dynamics of production in Bolivia in kind, 2017-2020, m³

In value, 2017-2020, K $ US

In 2020, Bolivia's fibreboard output was valued at 6 496 K $ US, showing a modest increase of 3.6% compared to 2019. Over the period from 2017 to 2020, production grew by 22.5%, with a compound annual growth rate of 7.0%. The peak value was reached in 2018 at 6 827 K $ US. The largest decline occurred in 2019, with an 8.2% drop, while the largest increase was in 2018, at 28.7%.

Annual dynamics of production in Bolivia in value, 2017-2020, K $ US

Exports fibreboard from Bolivia

Exports in kind, M m³

Following two years of growth, Bolivia's fibreboard exports declined in 2020, totaling 0.0 M m³, which represents a sharp reduction of 32.0% year-over-year. From 2017 to 2020, exports increased by 3.5%, with a compound annual growth rate of 1.1%. The highest volume was recorded in 2019 at 0.0 M m³, with the largest increase that year at 45.8%.

Annual dynamics of product's exports from Bolivia in kind, 2017-2020, M m³

From 2017 to 2020, Peru, Chile, and Uruguay were the top buyers of fibreboard from Bolivia, accounting for 84.0% of total exports in kind. Peru led with 41.5%, followed by Chile and Uruguay, each at 21.2%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Bolivia in kind, 2017-2020

Exports in value, K $ US

After two years of growth, Bolivia's fibreboard export volumes declined in 2020, totaling 2 253 K $ US, a steep reduction of 29.5% compared to the previous year. Between 2017 and 2020, exports increased by 26.7%, equating to an annualized rate of 8.2%. The peak value was in 2019 at 3 197 K $ US, with the largest increase occurring in 2018 at 34.3%.

Annual dynamics of product's exports from Bolivia in value, 2017-2020, K $ US

From 2017 to 2020, Peru, Uruguay, and Chile were the main destinations for Bolivia's fibreboard exports in value terms, together accounting for 83.8% of the total. Peru held 38.7%, Uruguay 24.0%, and Chile 21.0%.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Bolivia in value, 2017-2020

Imports fibreboard to Bolivia

Imports in kind, M m³

Bolivia's fibreboard imports declined for the third consecutive year in 2020, standing at 0.2 M m³, which marks an abrupt contraction of 58.4% year-over-year. Over the period from 2017 to 2020, imports decreased by 99.9%, with a compound annual growth rate of 89.3%.

Annual dynamics of product's imports to Bolivia in kind, 2017-2020, M m³

From 2017 to 2020, China and Brazil were the primary suppliers of fibreboard to Bolivia, together forming 99.3% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Bolivia in kind, 2017-2020

Imports in value, K $ US

After a two-year rise, Bolivia's fibreboard import volume declined in 2020, totaling 9 835 K $ US, indicating an abrupt decline of 28.4% over the past year. From 2017 to 2020, imports decreased by 14.6%, with a compound annual growth rate of 5.1%. The maximum value was recorded in 2019 at 13 734 K $ US, with the largest increase in 2018 at 18.2%.

Annual dynamics of product's imports to Bolivia in value, 2017-2020, K $ US

Throughout 2017 to 2020, Brazil, China, and Ecuador formed the core of Bolivia's fibreboard imports in value terms, together taking 85.5% of total flows. Brazil accounted for 48.4%, China for 27.4%, and Ecuador for 9.7%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Bolivia in value, 2017-2020