Folding paperboard boxes market in Spain

Earlier Report Observations

The Spanish market for folding paperboard boxes, measured in value, showed resilient growth from 2018 to 2024. Starting at 1 534 million US dollars, the market size expanded to 1 639 million US dollars by the end of the period. This overall increase occurred despite a slight contraction in 2020, with the market quickly regaining momentum and reaching its highest value in 2024.

Domestic production value remained stable around 1 540 million US dollars from 2018 through 2020 before increasing to 1 608 million in 2022. The market's growth was further underscored by a significant and sustained rise in import activity, with import values climbing from 217 million US dollars in 2018 to 367 million by 2024, highlighting increased reliance on foreign supply alongside domestic output.

The post-2020 period marked a clear acceleration in market activity, with trade flows and consumption moving to higher levels. The expansion in market value demonstrates the sector's underlying demand strength, with the market successfully navigating past the minor 2020 dip to achieve consistent growth in the latter half of the period.

Production folding paperboard boxes in Spain

In value, 2017-2020, M $ US

In 2020, Spain's output of folding paperboard boxes was valued at 1 543 million US dollars, showing no significant change compared to the previous year. Over the period from 2017 to 2020, production increased by 6.9%, with a compound annual growth rate of 2.3%. The largest decline occurred in 2019, at 0.1%, while the peak value was recorded in 2018 at 1 544 million US dollars, which also saw the largest increase of 7.0%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, K t

After a two-year rise, Spain's production volume of folding paperboard boxes declined. In 2020, 650.2 thousand tonnes were produced, marking a decrease of 4.6% from 2019. From 2017 to 2020, overall production increased by 6%, with a compound annual growth rate of 2.0%. The largest increase was in 2018 at 6.9%, and the maximum volume was reached in 2019 at 681.3 thousand tonnes.

Annual dynamics of production in Spain in kind, 2017-2020, K t

Exports folding paperboard boxes from Spain

Exports in kind, K t

In 2020, Spain exported 100.7 thousand tonnes of folding paperboard boxes, representing a moderate increase of 6.9% over the previous year. Between 2017 and 2020, exports grew by 6.3%, equating to an annualized rate of 2.0%. The minimum value was in 2019 at 94.2 thousand tonnes, while the peak was in 2018 at 132.2 thousand tonnes. The largest decline occurred in 2019 at 28.7%, and the largest increase was in 2018 at 39.5%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K t

From 2017 to 2020, France, Portugal, and Morocco led the structure of exports in kind, accounting for 55.5%, 7.4%, and 6.3% of exports, respectively. Together, they represented 69.2% of total export flows.

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

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

Exports in value, M $ US

Spain exported 233.4 million US dollars worth of folding paperboard boxes in 2020, which is 8.6% higher than in 2019. Between 2017 and 2020, exports increased by 19.9%, with an annualized rate of 6.2%. The largest decline was in 2019 at 5.5%, while the largest increase occurred in 2018 at 16.8%.

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

Throughout 2017 to 2020, France, Portugal, and Morocco formed the core of exports in value terms, with shares of 54.3%, 7.4%, and 6.1%, respectively. Collectively, they accounted for 67.8% of total export flows.

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

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

Imports folding paperboard boxes to Spain

Imports in kind, K t

Folding paperboard box shipments to Spain from abroad increased for the third consecutive year. In 2020, Spain imported approximately 100.2 thousand tonnes, up by 1.3% compared to 2019. From 2017 to 2020, imports rose by 18%, equating to an annualized rate of 5.7%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K t

In the period from 2017 to 2020, Germany, Portugal, and France were the main sources for imports in kind, with shares of 31.7%, 22.5%, and 11.0%, respectively. Together, they accounted for 65.2% of total import flows.

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

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

Imports in value, M $ US

After a two-year decrease, folding paperboard box shipments to Spain from abroad increased. In 2020, imports reached 222.6 million US dollars, reflecting a limited increase of 4.5% compared to 2019. The minimum value was recorded in 2019 at 213.1 million US dollars, which also saw the largest decline of 2.0%.

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

Throughout 2017 to 2020, Germany, Portugal, and France played leading roles in imports in value terms, with shares of 36.3%, 15.0%, and 11.2%, respectively. Jointly, they represented 62.5% of total import flows.

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

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