Testliner Price Trend and Forecast

Name: Testliner Price Trend, Analysis and Forecast
Creator: Price Watch
Published: 2026-03-25
License: https://www.price-watch.ai/terms-conditions/

⟳ Weekly Update

Historical Data Since 2015

Forecast for 2026

testliner Price Trends by Country

Saudi Arabia

Italy

France

Poland

United Kingdom

Germany

Canada

United Arab Emirates

Sri Lanka

Vietnam

India

China

Thailand

Global testliner Spot Market Prices, Trend Analysis and Forecast

Price-Watch™ provides real-time price assessments and price forecasts for Testliner across top trading regions:

Testliner Regional Coverage	Testliner Grade and Country Coverage	Testliner Pricing Data Coverage Explanation
Asia-Pacific Testliner Pricing Analysis	Testliner 140 GSM FOB Prices at Laem Chabang Port, Thailand	Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets
	Testliner 175 GSM FOB Prices at Laem Chabang Port, Thailand	Weekly Price Update on Testliner 175 GSM Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets
	Testliner 140 GSM CIF Prices at Shanghai Port, China, Importing from Vietnam	Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Shanghai Port, China from Vietnam
	Testliner 140 GSM CIF Prices at Shanghai Port, China, Importing from Thailand	Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Shanghai Port, China from Thailand
	Testliner 175 GSM CIF Prices at Shanghai Port, China, Importing from Thailand	Weekly Price Update on Testliner 175 GSM Real-Time Import Prices at Shanghai Port, China from Thailand
	Testliner 175 GSM CIF Prices at Shanghai Port, China, Importing from Vietnam	Weekly Price Update on Testliner 175 GSM Real-Time Import Prices at Shanghai Port, China from Vietnam
	Testliner 140 GSM FOB Prices at Nhava Sheva Port, West India	Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Nhava Sheva Port, West India to Global Markets
	Testliner 140 GSM FOB Prices at Haiphong Port, Vietnam	Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Haiphong Port, Vietnam to Global Markets
	Testliner 175 GSM FOB Prices at Haiphong Port, Vietnam	Weekly Price Update on Testliner 175 GSM Real-Time Export Prices from Haiphong Port, Vietnam to Global Markets
	Testliner 140 GSM CIF Prices at Colombo Port, Sri Lanka, Importing from India	Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Colombo Port, Sri Lanka from India
North America Testliner Pricing Analysis	Testliner 140 GSM FOB Prices at Montreal Port, Canada	Weekly Price Update on Testliner 140 GSM Real-Time Export Prices from Montreal Port, Canada to Global Markets
Europe Testliner Pricing Analysis	Testliner 2 175 GSM FD Hamburg Domestic Prices, Germany	Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Hamburg, Germany
	Testliner 2 140 GSM FD Hamburg Domestic Prices, Germany	Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Hamburg, Germany
	Testliner 2 140 GSM FD Southampton Domestic Prices, UK	Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Southampton, UK
	Testliner 2 175 GSM FD Southampton Domestic Prices, UK	Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Southampton, UK
	Testliner 2 140 GSM FD Gdynia Domestic Prices, Poland	Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Gdynia, Poland
	Testliner 2 175 GSM FD Gdynia Domestic Prices, Poland	Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Gdynia, Poland
	Testliner 2 140 GSM FD Marseille Domestic Prices, France	Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Marseille, France
	Testliner 2 175 GSM FD Marseille Domestic Prices, France	Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Marseille, France
	Testliner 2 140 GSM FD Genoa Domestic Prices, Italy	Weekly Price Update on Testliner 2 140 GSM Real-Time Domestic Prices in Genoa, Italy
	Testliner 2 175 GSM FD Genoa Domestic Prices, Italy	Weekly Price Update on Testliner 2 175 GSM Real-Time Domestic Prices in Genoa, Italy
Middle East & Africa Testliner Pricing Analysis	Testliner 140 GSM CIF Prices at Jubail Port, Saudi Arabia, Importing from India	Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Jubail Port, Saudi Arabia from India
	Testliner 140 GSM CIF Prices at Jabel Ali Port, United Arab Emirates, Importing from India	Weekly Price Update on Testliner 140 GSM Real-Time Import Prices at Jabel Ali Port, United Arab Emirates from India

Testliner Price Forecasts & Market Foresight Q3 2026

Outlook: Bullish

Confidence: High

Testliner prices are expected to remain on a bullish trajectory globally during Q3 2026, supported by firmer recovered paper (OCC), mixed paper, and recycled fiber costs, tightening supply availability, and strengthening procurement from corrugated box manufacturers.

Europe is likely to witness stronger upward momentum as packaging demand recovers following the summer holiday period, encouraging inventory replenishment and enabling producers to implement higher offers. Asia is expected to see improving packaging demand after the monsoon season, supported by stronger export orders, regional restocking, and increased buying activity from downstream converters.

North America is projected to maintain a steady upward trend, underpinned by disciplined mill operating rates, balanced-to-tight supply conditions, and resilient demand from food, beverage, FMCG, e-commerce, and industrial packaging sectors.

Global Testliner Market Overview by Region (July–September 2026)

Country	Grade/ Incoterm	Outlook
Thailand	175 GSM FOB Laem Chabang	Bullish
Thailand	140 GSM FOB Laem Chabang	Bullish
China	175 GSM CIF Shanghai (THAILAND)	Bullish
China	140 GSM CIF Shanghai (THAILAND)	Bullish
Vietnam	175 GSM FOB Haiphong	Bullish
China	175 GSM CIF Shanghai (VIETNAM)	Mildly Bullish
Vietnam	140 GSM FOB Haiphong	Bullish
China	140 GSM CIF Shanghai (VIETNAM)	Mildly Bullish
Germany	Testliner 2 175 GSM FD Hamburg	Strongly Bullish
Germany	Testliner 2 140 GSM FD Hamburg	Strongly Bullish
India	140 GSM FOB Nhava Sheva	Stable
Saudi Arabia	140 GSM CIF Jubail (INDIA)	Bearish
Sri Lanka	140 GSM CIF Colombo (INDIA)	Bearish
United Arab Emirates	140 GSM CIF Jabel Ali (INDIA)	Bearish
Canada	140 GSM FOB Montreal	Strongly Bullish
Poland	Testliner 2 175 FD GSM Gdynia	Mildly Bullish
Poland	Testliner 2 140 FD GSM Gdynia	Mildly Bullish
France	Testliner 2 175 FD GSM Marseille	Bullish
France	Testliner 2 140 GSM FD Marseille	Bullish
Italy	Testliner 2 175 GSM FD Genoa	Bullish
United Kingdom	Testliner 2 175 GSM FD Southampton	Bullish
United Kingdom	Testliner 2 140 GSM FD Southampton	Bullish
Italy	Testliner 2 140 GSM FD Genoa	Bullish

*Testliner Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Testliner Forecast

Access comprehensive Testliner market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Testliner Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in OCC and recovered paper feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Testliner market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

Feedstock & production economics
Plant operating rates & outages
Inventory and supply-demand balance
Regional trade flows & freight
Import-export dynamics
Macroeconomic & geopolitical developments

Track Testliner Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Testliner markets.

Access the Price Watch™ GIO Tracker

Testliner Price Trend Q2 2026

In Q2 2026, the global Testliner market has been experiencing a dramatic surge after the relatively modest gains seen earlier in the year, as tightening supply conditions, elevated production costs, and logistics disruptions have intensified market pressure.

As reflected in the Testliner Price Chart, producers have been facing higher recovered fibre (OCC), mixed paper, electricity, fuel, and freight costs, while buyers have been maintaining active procurement strategies due to concerns over limited availability and rising replacement costs.

At the same time, disrupted shipping routes and constrained mill capacity have been supporting stronger producer pricing despite varying downstream demand across key corrugated packaging markets. The Testliner Price Index has been highlighting a significantly firmer global market environment, with elevated input costs, restricted product availability, and sustained purchasing activity continuing to shape global Testliner pricing trends.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Thailand increased as producers raised export offers amid higher manufacturing and logistics costs. Improving demand from regional corrugated packaging markets, supported by e-commerce shipments, food packaging, consumer goods, and industrial packaging requirements, encouraged overseas buyers to replenish inventories despite firmer quotations.

Higher recovered paper prices, increasing freight and transportation costs, and elevated energy expenses strengthened producers’ export offers throughout the quarter, while disruptions to international shipping routes contributed to higher logistics expenses and supported FOB pricing. Testliner Price in Thailand therefore remained on an upward trajectory, with exporters implementing higher quotations as procurement activity improved and production costs remained elevated.

During May and June, additional increases were supported by firm regional packaging demand, higher recovered paper and energy costs, and limited availability of competitively priced material. In June 2026, Testliner Prices in Thailand continued to strengthen as producers maintained higher FOB Laem Chabang offers amid resilient downstream demand and elevated manufacturing costs.

The Testliner Price Index reflected sustained upward momentum in Thai export pricing, driven by rising recovered paper and energy costs, logistics pressures, inventory replenishment, and firm demand from e-commerce, food, consumer goods, and industrial packaging sectors

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in China increased by 9.46% compared with Q1 2026, as Vietnamese suppliers raised export offers amid higher manufacturing and logistics costs. Improving demand from China’s corrugated packaging industry, supported by e-commerce shipments, food packaging, consumer goods, and industrial packaging requirements, encouraged importers to replenish inventories despite rising prices.

Higher recovered paper prices, increasing freight costs, and elevated energy expenses in Vietnam strengthened import offers throughout the quarter. At the same time, ongoing disruptions to international shipping lanes contributed to longer transit times and increased transportation expenses.

Testliner Price in China therefore remained on an upward trajectory, with April 2026 prices rising by 3.18% compared with March as buyers accelerated procurement activity while Vietnamese exporters implemented higher prices. During May and June, additional increases were supported by firm packaging demand, higher logistics costs, and limited availability of competitively priced imported material.

In June 2026, Testliner Prices in China continued to strengthen as higher Vietnamese export offers, elevated freight expenses, and resilient downstream demand supported firm import pricing. The Testliner Price Index highlighted the sustained upward momentum in Chinese import pricing, with higher recovered paper and energy costs, logistics disruptions, and strong packaging demand continuing to shape Testliner pricing trends.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in India recorded one of the strongest quarterly increases, with FOB Nhava Sheva prices rising 13.64% compared with Q1 2026. Export demand from the Middle East, Africa, Sri Lanka, and Southeast Asian markets remained robust as buyers sought reliable regional suppliers amid continuing global supply-chain disruptions.

Rising domestic OCC prices, higher recovered fiber procurement costs, increasing electricity tariffs, fuel prices, labor expenses, and inland transportation costs significantly increased production expenses for Indian mills. Geopolitical tensions in the Middle East further intensified freight costs and export logistics challenges, enabling exporters to successfully pass through higher costs.

Testliner Price in India therefore remained on a strong upward trajectory, with April 2026 prices advancing by 5.56% compared with March following stronger export bookings and tightening supply conditions. Further gains were recorded during May and June as overseas demand remained healthy and manufacturers maintained disciplined production schedules while protecting profit margins.

In June 2026, Testliner Prices in India continued to strengthen as elevated production costs, firm export demand, and constrained availability supported higher FOB offers. The Testliner Price Index reflected the strong upward momentum in Indian export pricing, driven by rising recovered fiber and operating costs, higher freight expenses, disciplined mill production, and resilient overseas demand.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Vietnam increased by 7.04% compared with Q1 2026, supported by healthy overseas demand and steadily rising production costs. Export shipments to China and other Asian destinations remained active as corrugated packaging demand improved across the region.

Rising recovered paper prices, higher electricity costs, increasing freight charges, and elevated fuel expenses placed upward pressure on manufacturing costs for Vietnamese mills. Exporters benefited from relatively balanced supply conditions and steady production rates throughout the quarter.

Testliner Price in Vietnam therefore remained on a gradual upward trajectory, with April 2026 prices rising by 1.10% compared with March as improving buying interest and modest cost increases encouraged suppliers to raise offers. During May and June, prices continued to strengthen gradually amid stable export demand and persistent logistics-cost inflation.

In June 2026, Testliner Prices in Vietnam continued to firm as higher recovered paper, energy, fuel, and freight costs supported producer offers. The Testliner Price Index reflected the steady upward momentum in Vietnamese export pricing, driven by rising production costs, stable regional demand, balanced supply conditions, and persistent logistics-cost pressures.

Sri Lanka: Testliner Imported Prices CIF Colombo, India from Shri Lanka; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Sri Lanka increased by 7.14% compared with the previous quarter, largely reflecting higher export prices from India and increasing international freight costs. Demand from corrugated box manufacturers serving food, beverages, consumer goods, pharmaceuticals, and retail packaging remained stable, encouraging regular import procurement.

Rising transportation costs, elevated marine insurance expenses, and higher production costs at Indian paper mills contributed to firmer CIF prices throughout the quarter. Testliner Price in Sri Lanka therefore remained on an upward trajectory, with April 2026 prices increasing by 5.00% compared with March as Indian suppliers implemented price hikes following higher recovered paper and energy costs.

Import prices continued to rise during May and June as logistics expenses remained elevated and regional demand supported sustained purchasing activity. In June 2026, Testliner Prices in Sri Lanka continued to strengthen as higher Indian export offers, freight expenses, and resilient downstream demand supported firmer import pricing.

The Testliner Price Index reflected the sustained upward momentum in Sri Lankan import pricing, driven by rising source-market costs, elevated logistics and marine insurance expenses, and stable demand from food, beverage, pharmaceutical, retail, and consumer-goods packaging sectors.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in the UAE recorded the sharpest quarterly increase among major Testliner markets, with CIF Jebel Ali prices surging by 40.00% compared with Q1 2026. The escalation of the Iran conflict significantly disrupted shipping through the Strait of Hormuz, creating severe freight constraints and substantially increasing transportation costs into the Gulf region.

Simultaneously, Indian exporters increased offer prices due to rising recovered fiber costs, electricity tariffs, fuel prices, and strong overseas demand. Regional corrugated packaging demand remained resilient across food packaging, FMCG, construction materials, and industrial applications, allowing importers to absorb higher prices.

Testliner Price in the UAE therefore remained under strong upward pressure, with April 2026 prices jumping by 23.00% compared with March as freight rates escalated sharply and buyers accelerated purchases to secure material before further disruptions.

Additional price gains were observed during May and June as supply-chain challenges persisted and import availability remained constrained. In June 2026, Testliner Prices in the UAE continued to strengthen as elevated freight costs, higher Indian export offers, and tight regional availability supported firmer CIF pricing.

The Testliner Price Index reflected the exceptional upward momentum in UAE import pricing, driven by shipping disruptions, rising source-market costs, elevated logistics expenses, and resilient demand from food, FMCG, construction, and industrial packaging sectors.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Canada increased by approximately 11.00% compared with Q1 2026, driven by higher recovered paper (OCC), mixed paper, electricity, natural gas, fuel, labour, and transportation costs that raised production expenses for Canadian mills.

Elevated freight costs and global logistics disruptions further supported export pricing, while healthy demand from corrugated packaging manufacturers across North American and overseas markets strengthened order volumes. Testliner Price in Canada therefore remained on a strong upward trajectory throughout the quarter as producers implemented higher export offers to recover rising manufacturing and logistics costs.

In June 2026, Testliner Prices in Canada continued to strengthen amid elevated input costs, disciplined mill operating rates, and resilient export demand. The Testliner Price Index reflected the sustained upward momentum in Canadian export pricing, driven by higher recovered fiber, energy, labour, and logistics costs and firm corrugated packaging demand.

Germany: Testliner Domestically traded Prices FD Hamburg, In Germany; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Germany increased by 7.48% compared with Q1 2026. Rising recovered paper prices, higher electricity and natural gas costs, increasing transportation expenses, and firm demand from corrugated packaging manufacturers contributed to higher domestic prices.

Demand from food packaging, e-commerce, industrial packaging, and consumer goods sectors remained healthy throughout the quarter. Testliner Price in Germany therefore remained on an upward trajectory, with April 2026 prices increasing by 1.27% compared with March as producers passed through higher manufacturing costs.

Additional gains during May and June reflected sustained cost inflation and stable domestic demand. In June 2026, Testliner Prices in Germany continued to strengthen as elevated recovered paper, energy, and transportation costs supported higher producer offers while downstream demand remained resilient.

The Testliner Price Index reflected the sustained upward momentum in German domestic pricing, driven by rising production costs, stable corrugated packaging demand, and firm consumption across food packaging, e-commerce, industrial packaging, and consumer goods sectors.

UK: Testliner Domestically traded Prices FD Southampton, In UK; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in the UK increased by 6.92% compared with Q1 2026. Higher recovered paper procurement costs, rising electricity and fuel expenses, and increasing transportation charges supported upward price revisions across the domestic market. Packaging demand from food, beverages, e-commerce, and consumer goods remained relatively stable, supporting consistent purchasing activity.

Testliner Price in the UK therefore remained on an upward trajectory, with April 2026 prices rising by 1.18% compared with March as mills responded to increasing operating costs. Prices continued rising moderately through May and June while maintaining balanced supply-demand conditions.

In June 2026, Testliner Prices in the UK continued to strengthen gradually as higher recovered paper, energy, fuel, and transportation costs supported producer offers despite balanced market fundamentals. The Testliner Price Index reflected the moderate upward momentum in British domestic pricing, driven by rising input costs, stable packaging demand, and consistent purchasing activity across food, beverage, e-commerce, and consumer-goods sectors.

Poland: Testliner Domestically traded Prices FD Gdynia, In Poland; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Poland increased by 7.00% compared with Q1 2026. Higher recovered paper costs, increasing electricity prices, elevated transportation expenses, and healthy demand from packaging converters supported the market throughout the quarter. Strong regional demand from Central and Eastern Europe enabled producers to maintain firm pricing while operating at balanced production levels.

Testliner Price in Poland therefore remained on an upward trajectory, with April 2026 prices increasing by 1.23% compared with March as mills adjusted offers to reflect higher production costs. The market continued strengthening during May and June amid stable order books and disciplined supply management.

In June 2026, Testliner Prices in Poland continued to strengthen as elevated recovered paper, electricity, and transportation costs supported higher producer offers while regional demand remained firm. The Testliner Price Index reflected the sustained upward momentum in Polish domestic pricing, driven by rising production costs, healthy packaging demand, stable order books, and disciplined supply management across Central and Eastern Europe.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in France increased by 7.00% compared with the previous quarter. Rising recovered paper costs, increasing electricity and natural gas prices, and higher transportation expenses increased manufacturing costs for domestic producers.

Demand from food packaging, retail packaging, and industrial corrugated applications remained stable, supporting steady purchasing activity. Testliner Price in France therefore remained on an upward trajectory, with April 2026 prices increasing by 1.00% compared with March as mills implemented moderate price adjustments. Prices continued to strengthen during May and June as higher operating costs supported the market.

In June 2026, Testliner Prices in France continued to rise as elevated recovered paper, energy, and transportation costs supported firmer producer offers amid stable downstream demand. The Testliner Price Index reflected the sustained upward momentum in French domestic pricing, driven by higher manufacturing costs, stable purchasing activity, and resilient demand from food, retail, and industrial corrugated packaging sectors.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Italy increased by 7.10% compared with Q1 2026. Rising recovered paper costs, higher electricity tariffs, increasing fuel prices, and stronger packaging demand supported domestic price growth throughout the quarter. Corrugated box manufacturers maintained healthy purchasing activity as demand from food, beverage, e-commerce, and consumer goods industries remained stable.

Testliner Price in Italy therefore remained on an upward trajectory, with April 2026 prices rising by 1.20% compared with March as producers responded to increasing production costs. Continued gains were recorded during May and June amid balanced supply conditions and firm domestic demand.

In June 2026, Testliner Prices in Italy continued to strengthen as elevated recovered paper, electricity, and fuel costs supported higher producer offers while downstream demand remained resilient. The Testliner Price Index reflected the sustained upward momentum in Italian domestic pricing, driven by rising input costs, balanced supply conditions, and healthy demand from food, beverage, e-commerce, and consumer-goods packaging sectors.

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q2 2026, the Testliner Price Trend in Saudi Arabia rose sharply by 31.00% compared with Q1 2026. Higher Indian export prices, significantly elevated freight rates, and severe logistics disruptions resulting from the Iran conflict substantially increased import costs into the Kingdom. Strong demand from construction materials, food packaging, FMCG, industrial packaging, and logistics sectors supported continued purchasing despite higher prices.

Testliner Price in Saudi Arabia therefore remained under strong upward pressure, with April 2026 prices surging by 35.00% compared with March as shipping constraints intensified across Gulf trade routes and importers rushed to secure cargoes before further freight increases. Prices remained elevated throughout May and June as transportation costs stayed high and supply availability remained tight.

In June 2026, Testliner Prices in Saudi Arabia continued to remain elevated as higher Indian export offers, persistent freight pressures, and constrained cargo availability supported firm import pricing. The Testliner Price Index reflected the sharp upward momentum in Saudi Arabian import pricing, driven by elevated source-market costs, severe logistics disruptions, high freight rates, and resilient demand from construction, food, FMCG, industrial packaging, and logistics sectors.

Testliner Price Trend Analysis: Q1 2026

Testliner Price Trend Q1 2026

The global Testliner price trend in Q1 2026 has been witnessing a generally stable to slightly upward trajectory across major regions, with prices increasing by approximately 4.11% compared to the previous quarter, supported by improving market demand.

The market has been experiencing firmer conditions as corrugated packaging manufacturers have been gradually increasing procurement activities, particularly from e-commerce, food & beverage packaging, and consumer goods sectors.

Buying sentiment has been strengthening, although many participants have remained cautious and strategic amid expectations of additional price hikes. Feedstock recovered paper (RCP) and energy costs have been remaining firm, continuing to exert cost pressure on Testliner producers and supporting higher selling prices.

Production facilities have been operating at balanced utilization rates, with manufacturers carefully managing supply to match demand recovery and prevent inventory accumulation.

Furthermore, the ongoing Middle East conflict has been affecting shipping routes and global trade logistics, contributing to tighter supply conditions and extended lead times. Overall, market sentiment has remained firm to bullish, driven by stable demand recovery, elevated production costs, and controlled supply conditions.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Thailand has been Testliner Exported Prices witnessing a relatively stable to slightly soft trend, with export prices having shown marginal fluctuations compared to Q4 2025.

Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing export logistics and freight dynamics. In March 2026, the Testliner export prices in Thailand have shown an increase compared to February 2026, driven by improved demand activity and tightening supply conditions.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in China has been witnessing a slight downward trend, with imported prices having decreased by approximately 1.2% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, consumer goods, and industrial packaging sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing cargoes based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and port logistics conditions. Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics.

According to Price-Watch™ , in March 2026, the Testliner imported prices in China have surged by 8.3% compared to February 2026, driven by improved demand activity and tightening supply availability.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in India has been witnessing a slight upward trend, with domestic prices having increased by approximately 1.0% compared to Q4 2025. Prices have been rising gradually as corrugated packaging manufacturers have been cautiously restocking to meet steady demand from e-commerce, FMCG packaging, and industrial goods sectors.

Market sentiment has been improving as inventory levels have been stabilizing and buyers have been securing volumes based on near-term requirements. Producers have been maintaining balanced operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses.

Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in India have surged by 11.3% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Vietnam has been witnessing a relatively stable trend, with imported prices having shown minimal fluctuations compared to Q4 2025. Testliner prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been securing shipments based on immediate requirements. Importers have been maintaining controlled purchasing activity while managing supply amid fluctuating freight and logistics conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner imported prices in Vietnam have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

Sri Lanka: Testliner Imported Prices CIF Colombo, India from Sri Lanka; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Sri Lanka has been witnessing a relatively stable to slightly firm trend, with imported prices having shown marginal movement compared to Q4 2025. Testliner prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from food packaging, retail distribution, and industrial goods sectors.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner imported prices in Sri Lanka have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the UAE has been witnessing a steady upward trend, with imported prices having increased by approximately 4.6% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing shipments in anticipation of further price increases. Importers have been maintaining consistent procurement activity while managing supply amid fluctuating freight and logistics conditions.

Additionally, the ongoing Middle East conflict has been significantly impacting regional trade routes and freight availability, adding upward pressure on prices. In March 2026 the Testliner imported prices in the UAE have surged sharply by 28.7% compared to February 2026, driven by strong demand and constrained supply availability.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

Q1 2026, the test liner kraft paper price trend in Canada has been witnessing a relatively stable to slightly firm trend, with imported prices having shown marginal movement compared to Q4 2025.

Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the Testliner Exported prices in Canada have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the USA has been witnessing a slight downward trend, with export prices having decreased by approximately 2.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate and buyers have been securing volumes based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines.

Additionally, the ongoing Middle East conflict has been influencing global trade routes and freight dynamics. In March 2026, the Testliner export prices in the USA have surged by 7.6% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Germany: Testliner Domestically traded Prices FD Hamburg, In Germany; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Germany has been witnessing a slight downward trend, with export prices having decreased by approximately 2.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and industrial goods sectors.

Additionally, the ongoing Middle East conflict has been influencing export logistics and freight dynamics. In March 2026, the Testliner export prices in Germany have surged by 7.6% compared to February 2026, driven by improved demand activity and tightening supply conditions.

UK: Testliner Domestically traded Prices FD Southampton, In UK; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in the UK has been witnessing a steady upward trend, with domestic prices having increased by approximately 6.5% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from e-commerce, food packaging, and retail distribution sectors.

Market sentiment has been strengthening as inventory levels have been tightening and buyers have been securing volumes in anticipation of further price increases. Producers have been maintaining balanced operating rates while aligning supply with demand conditions. Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses.

Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in UK have surged by 8.4% compared to February 2026, driven by steady demand growth and tightening supply fundamentals.

Poland: Testliner Domestically traded Prices FD Gdynia, In Poland; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in Poland has been witnessing a steady upward trend, with export prices having increased by approximately 5.5% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet stable demand from e-commerce, food packaging, and industrial goods sectors.

Feedstock recovered paper and pulp costs have been remaining firm, supporting overall production expenses. Additionally, the ongoing Middle East conflict has been impacting export logistics and freight dynamics.

In March 2026, the Testliner export prices in Poland have surged by 7.3% compared to February 2026, driven by consistent demand and tightening supply fundamentals.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

Q1 2026, the Testliner price trend in France has been witnessing a relatively stable to slightly firm trend, with domestic prices having shown marginal movement compared to Q4 2025. Prices have been moving within a narrow range as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid steady demand from e-commerce, food packaging, and industrial goods sectors.

Feedstock recovered paper and pulp costs have been remaining relatively stable. Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics. In March 2026, the Testliner domestic prices in France have shown an increase compared to February 2026, driven by improved demand activity and tightening supply conditions.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

Q1 2026, the test liner kraft paper price trend in Italy has been witnessing a slight downward trend, with domestic prices having decreased by approximately 1.7% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from e-commerce, food packaging, and consumer goods sectors.

Market sentiment has been remaining balanced as inventory levels have been adequate, and buyers have been procuring based on immediate requirements. Producers have been maintaining steady operating rates while aligning supply with demand conditions.

Feedstock recovered paper and pulp costs have been remaining relatively stable, limiting further price declines. Additionally, the ongoing Middle East conflict has been influencing logistics and freight dynamics.

In March 2026, the Testliner domestic prices in Italy have surged by 8.3% compared to February 2026, driven by improved demand activity and tightening supply conditions.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

During Q1 2026, the test liner kraft paper prices trend in Peru has been witnessing a slight downward trend, with imported prices having decreased by approximately 2.2% compared to Q4 2025. Prices have been softening as corrugated packaging manufacturers have been maintaining cautious procurement strategies amid moderate demand from food packaging, agriculture exports, and industrial goods sectors.

Additionally, the ongoing Middle East conflict has been influencing global shipping routes and freight dynamics. In March 2026, the testliner imported prices in Peru have shown an increase compared to February 2026, driven by improved demand activity and tightening supply availability.

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q1 2026, the test liner kraft paper price trend Saudi Arabia has been witnessing a steady upward trend, with imported prices having increased by approximately 4.6% compared to Q4 2025. Prices have been rising as corrugated packaging manufacturers have been actively restocking to meet improving demand from food packaging, retail distribution, and industrial goods sectors.

Additionally, the ongoing Middle East conflict has been significantly impacting regional trade routes and freight availability, adding upward pressure on prices. In March 2026, the Testliner imported prices in Saudi Arabia have surged sharply compared to February 2026, driven by strong demand and constrained supply availability.

Testliner Price Trend Analysis 2025

Testliner Price Trend Q1 2025

According to the Price Watch™ , In Q1 2025 the Testliner 140 GSM, FOB Montreal (CANADA), prices has been declining sharply by 6% compared with Q4 2024, as post-holiday destocking and slower industrial activity have been weighing heavily on demand.

Corrugated box orders from retail and FMCG sectors have been slowing after the festive surge, resulting in softer mill order books and restrained production planning. Prices of recycled paper, the primary raw material for Testliner, have been easing amid improved scrap availability, reducing cost support for producers. Mills have been curtailing operating rates to avoid inventory accumulation and manage margin pressure. Export activity has remained subdued, with buyers adopting short-term, cautious purchasing strategies.

Overall, the global containerboard market has been entering a corrective phase, characterized by slower trade momentum, moderate global consumption, ample supply levels, and cautious downstream sentiment, which has collectively amplified downward pricing pressure and limited opportunities for immediate market recovery.

According to Price Watch™ , In Q1 2025 the Testliner 140 GSM, prices has been registering significant gains, rising by 8% compared with Q4 2024, with FOB Nhava Sheva prices averaging between405-435 USD per metric ton. Demand from exporters and domestic converters has been firming, led by heightened requirements for FMCG packaging, industrial shipments, and ecommerce logistics following yearend restocking.

Export orders to markets such as China and Southeast Asia have been strong, while recycled paper and fiber costs have been firm, contributing upward support to pricing. Seasonality has been advantageous as Q1 traditionally experiences renewed industrial activity and solid agricultural export cycles that elevate packaging requirements.

The overall containerboard market for testliner has been reflecting robust fundamentals, constructive price trends, and improved market sentiment compared with the previous quarter, driven by broader structural growth in packaging demand and positive economic activity. Recent industry outlooks suggest containerboard pricing and demand remain underpinned by expanding ecommerce and sustainable packaging adoption.

Testliner Price Trend Q2 2025

According to the Price Watch™ , In Q2 2025 the Testliner 140 GSM, FOB Montreal (CANADA), market has rebounded by 5% compared with Q1 2025, as seasonal recovery in packaging demand has been tightening fundamentals. Corrugated box consumption tied to agricultural exports, beverage shipments, and FMCG distribution has been strengthening steadily.

Recycled paper costs have been firming moderately, restoring some cost support for producers. Mills have been gradually increasing operating rates in response to improved order visibility and healthier export inquiries. Buyers have been restocking inventories ahead of peak logistics activity during the summer months.

Overall, the global containerboard sector has been reflecting a cautiously optimistic scenario, supported by seasonal demand recovery across North America, Europe, and Asia, improved trade flows, and more balanced supply-demand conditions, leading to renewed confidence and firmer market sentiment compared with the previous quarter.

According to Price Watch™ , In Q2 2025 the Testliner 140 GSM market from India has been marginally easing by 0.5% compared with Q1 2025, with FOB Nhava Sheva prices averaging between 400-450 USD per metric ton. Although demand from FMCG, food & beverage, and industrial converters has remained steady, expansion has been limited as key importers, including China, have been managing inventories cautiously amid global economic headwinds.

Export enquiries have been stable but subdued, reflected in a relatively flat price trend and a moderate move on the price chart as mills balance production and shipping volumes. Recycled paper availability has been balanced, keeping cost pressures in check and allowing producers to maintain operating rates without significant price swings.

Seasonally, moderate summer consumption and agricultural exports have been stabilizing but not driving significant growth. Overall, the containerboard market of testliner has been reflecting a balanced scenario, with stable demand, adequate supply, and restrained pricing momentum compared with the previous quarter, as both domestic and export demand patterns have been moderating.

Testliner Price Trend Q3 2025

In Q3 2025, the Testliner prices has been declining by 3% compared with Q2 2025, as supply has been exceeding incremental demand growth across major regions. Corrugated packaging demand from industrial goods, electronics, and retail sectors has been stable but insufficient to absorb available capacity, particularly amid moderate global trade flows and cautious consumer spending trends.

Testliner prices have been relatively steady, providing minimal upward cost support to offset weaker pricing power. Mills have been moderating production levels and adjusting operating rates to manage rising stock positions amid slower order intake.

Export competition has been intensifying across Asia and Europe, with suppliers offering competitive pricing to secure limited spot volumes. Overall, the global containerboard environment has been reflecting balanced-to-oversupplied conditions, subdued freight movement, and conservative procurement strategies, resulting in softer sentiment and limited margin recovery compared with the previous quarter’s rebound.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 4.0% compared with Q2 2025, with prices averaging around 410-430 USD per metric ton. Supply has been exceeding incremental demand growth across industrial, electronics, and retail packaging sectors.

Recovered paper costs have been largely stable, providing minimal upward cost support. Thai mills have been moderating operating rates to manage rising inventory levels amid slower order intake. Export shipments from Laem Chabang to Asia and Europe have been facing intense competition, with suppliers offering aggressive pricing to secure limited volumes.

Seasonal trends have been contributing to steady but moderate consumption, as summer demand for agricultural and FMCG packaging has been stabilizing. Overall, the global containerboard market has been reflecting balanced-to-oversupplied conditions, muted trade flows, and cautious buyer sentiment, resulting in softer pricing and limited recovery compared with the previous quarter. On month on month basis, the prices have been showing a slight downward trend in September 2025 compared with August 2025.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.0% compared with Q2 2025, prices averaging around 460-475 USD per metric ton. Demand from Chinese converters and corrugated box manufacturers has been softening, as industrial and FMCG packaging requirements have remained steady but insufficient to absorb the ample import volumes from Vietnam.

End-use applications such as food and beverage packaging, e-commerce shipments, and consumer goods distribution have been stable, though cautious procurement from downstream buyers has been limiting order sizes. Recycled paper costs and raw material availability in Vietnam have been relatively stable, providing minimal cost support. Vietnamese mills have been adjusting production rates to manage rising inventories amid slower Chinese demand.

Seasonal factors, including moderate summer and early autumn industrial output, have been further moderating consumption. Overall, the regional containerboard market has been reflecting cautious sentiment, ample supply, and restrained trade flows, with weaker pricing trends and limited export margin recovery compared with the previous quarter. On month on month basis, the prices has been declining by 2.0% in September 2025 compared with August 2025.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining sharply by 9.0% compared with Q2 2025, with FOB Nhava Sheva prices averaging between 365-390 USD per metric ton. Demand from converters and exporters has been weakening, particularly in key segments like FMCG and industrial packaging, amid slower trade flows and cautious procurement from major import markets. Export enquiries to China and Southeast Asia have been subdued, leading to ample supply and downward pressure on pricing.

Recycled paper costs have been stable, offering minimal upward support. Seasonal factors, including reduced agricultural exports and postsummer industrial slowdown, have been contributing to softer consumption. Overall, the containerboard market has been reflecting weaker sentiment, oversupply, and muted trade activity, resulting in significant price corrections and subdued market confidence for testliner compared with the previous quarter. On month on month basis, the prices has been declining by 2.5% in September 2025 compared with August 2025.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.1% compared with Q2 2025, prices averaging between 410-420 USD per metric ton. The price Trend has been softening as export demand from China and other Asian markets has been moderating amid cautious procurement and sufficient inventory levels. On a month-on-month basis, prices have been gradually easing by 2.5% in September 2025 compared to August 2025.

End-use demand from FMCG packaging, food and beverage cartons, electronics shipments, and industrial corrugated boxes has been steady but not strong enough to absorb supply. The price Chart has been indicating a downward movement, consistent with broader regional containerboard Market weakness. Seasonally, moderate post-summer export flows have been limiting volume growth. Overall, the Market has been reflecting ample supply, competitive export pricing, and subdued buying sentiment.

Sri Lanka: Testliner Imported Prices CIF Colombo, India from Sri Lanka; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining sharply by 10.9% compared with Q2 2025, with prices averaging between 400-425 USD per metric ton. The price Trend has been weakening significantly as corrugated box demand from FMCG, food and beverage, and consumer goods packaging sectors has been slowing amid cautious economic activity and controlled inventory management.

On a month-on-month basis, prices have been decreasing by 2.5% in September 2025 compared to August 2025. Import volumes have been moderating as converters have been adjusting procurement to align with slower retail and industrial consumption.

The price Chart has been indicating a steep downward movement, mirroring broader regional containerboard softness. Seasonally, reduced mid-year industrial output and limited agricultural exports have been further dampening packaging demand. Overall, the Market has been reflecting subdued sentiment, improved supply availability, and restrained purchasing behaviour.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices in the United Arab Emirates has been declining sharply by 9.7% compared with Q2 2025, with CIF Jabel Ali prices averaging between 385-410 USD per metric ton. The price Trend has been weakening considerably as corrugated packaging demand from FMCG, food and beverage distribution, construction materials, and re-export packaging sectors has been moderating.

On a month-on-month basis, prices have been decreasing by 2.5% in September 2025 compared to August 2025. Importers have been adjusting procurement volumes amid ample regional supply and competitive Asian offers.

The price Chart has been indicating a pronounced downward trajectory, aligned with broader global containerboard Market softness. Seasonally, summer slowdowns and reduced construction activity have been dampening packaging consumption. Overall, the Market has been reflecting cautious sentiment, oversupply conditions, and competitive import pricing.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

In Q3 2025, the Testliner prices has been declining by 3.0% compared with Q2 2025, with prices averaging around 430 USD per metric ton. After recording a 4.7% rise in Q2 2025, the price Trend has been reversing as export demand from the United States and Latin America has been moderating amid inventory normalization and softer corrugated box orders. End-use applications such as food and beverage packaging, industrial goods, agricultural exports, and e-commerce shipments have been stable but less dynamic than earlier in the year.

The price Chart has been indicating a downward adjustment, consistent with broader North American containerboard Market balancing efforts. Seasonally, late summer slowdowns in manufacturing and construction activity have been limiting incremental demand.

On a month-on-month basis, prices have been showing a 0% deviation in September 2025 when compared to August 2025. Overall, the Market has been reflecting improved supply availability, disciplined procurement, and moderated export flows compared with Q2 2025.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices in the United States has been declining by 3.0% compared with Q2 2025, with CIF Houston prices averaging between 430 USD per metric ton. The price Trend has been reversing after the Q2 uptrend as import arrivals have remained steady while corrugated box demand has been stabilizing.

End-use applications including food and beverage packaging, e-commerce shipments, agricultural produce boxes, and industrial goods packaging have been steady but not expanding sufficiently to tighten supply.

The price Chart has been indicating a gradual downward correction in line with improving recovered fiber availability and balanced domestic production On a month-on-month basis, prices have been showing a 0% deviation in September 2025 when compared to August 2025. Overall, the Market has been exhibiting cautious buying behaviour, normalized inventories, and moderated trade flows compared with the stronger conditions observed in Q2 2025.

Germany: Testliner Domestically traded Prices FD Hamburg, from Germany; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been declining by 3.3% compared with Q2 2025, with prices averaging between 380-400 USD per metric ton. The price Trend has been softening as domestic corrugated box demand from automotive components, FMCG packaging, processed food distribution, and industrial exports has been stabilizing rather than expanding. German manufacturing output has been moderating during the summer period, reducing incremental packaging consumption.

The price Chart has been reflecting a gradual downward adjustment amid improved recycled paper availability and balanced mill operating rates. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025. Seasonally, summer holidays and lower construction activity have been limiting order volumes. Overall, the Market has been reflecting cautious sentiment, sufficient supply conditions, and moderate inventory levels.

UK: Testliner Domestically traded Prices FD Southampton, from UK; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been softening by 2.0% compared with Q2 2025, with prices averaging between 410-430 USD per metric ton. The price Trend has been reversing after the modest Q2 improvement as corrugated packaging demand from FMCG, grocery retail, and e-commerce distribution has been stabilizing rather than expanding. Downstream box plants have been operating at balanced rates, while upstream recovered paper availability has been improving, easing feedstock cost pressure for domestic mills.

The price Chart has been indicating a gradual downward correction amid steady mill output and normalized inventory levels. Seasonally, UK manufacturing activity and construction-linked packaging demand have been moderating during holiday months.

Overall, the Market has been reflecting cautious procurement behaviour, improved supply availability, and softer prices compared with the firmer Q2 environment. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025.

Poland: Testliner Domestically traded Prices FD Gdynia, from Poland; Grade- Testliner 140 GSM

In Q3 2025, the Testliner has been softening by 4.4% compared with Q2 2025, with prices averaging between 360-380 USD per metric ton. The price Trend has been gradually declining due to moderated corrugated box demand from e-commerce, FMCG, and industrial sectors, which has not kept pace with steady domestic supply.

Upstream, recycled paper collections have been ample, easing feedstock costs for mills but limiting support for higher prices. End-use packaging for processed foods, beverages, and industrial shipments has been stable but cautious, with converters moderating orders to avoid excess inventories.

The price Chart has been indicating a gentle downward slope, showing that the Market has been correcting after the modest Q2 increase. Seasonally, summer slowdowns in manufacturing and logistics have contributed to restrained activity.

On a month-on-month basis, September 2025 prices have been slightly lower than August 2025, with a decrease of around 1.5% over the previous month. Overall, the Market has been reflecting balanced supply, conservative buying sentiment, and a measured price adjustment.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

In Q3 2025, the Testliner Prices has been softening by 2.0% compared with Q2 2025, with prices averaging between 390-420 USD per metric ton. The price Trend has been gently declining as domestic corrugated packaging demand from e-commerce, food & beverage, and industrial sectors has been stabilizing after moderate gains in Q2.

Upstream, recycled paper availability has been steady, which has been keeping feedstock costs manageable but providing limited support for price increases. Downstream converters have been cautiously placing orders, balancing inventory levels with anticipated seasonal fluctuations.

The price Chart has been showing a gradual downward slope, reflecting a measured correction in the Market rather than abrupt movements. Seasonally, summer production and logistics have been slightly slower, contributing to restrained shipment volumes. On a month-on-month basis, prices in September 2025 remained unchanged at 0% compared with August 2025. Overall, the Market has been reflecting balanced supply, careful procurement, and a cautious sentiment among buyers.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

In Q3 2025, Testliner price trend in Italy has been declining by 4.4% compared with Q2 2025, with FD Genoa prices averaging around 390-420 USD per metric ton. The price Trend has been showing a moderate downward correction, as domestic corrugated packaging demand from FMCG, e-commerce, and industrial sectors has been stabilizing but insufficient to absorb consistent domestic production.

Upstream, recovered paper supply has been relatively steady, easing feedstock costs for mills but limiting upward price support. Downstream, converters have been cautiously managing orders to avoid excess inventory during the typical late-summer seasonal slowdown. End-use applications including food and beverage, household goods, and retail shipments have been steady but not driving higher volumes.

The price Chart has been showing a gentle downward slope, indicating a balanced correction. Overall, the Market has been reflecting conservative buying sentiment, stable supply, and moderated pricing compared with the mild Q2 gains. On a month-on-month basis, September 2025 prices have been remaining unchanged indicating a 0% price change compared to August 2025.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

In Q3 2025, Testliner prices in Peru has been softening by 3.0% compared with Q2 2025, with CIF Callao prices averaging between 425-435 USD per metric ton. The price Trend has been gradually declining as corrugated box demand from FMCG, food exports, and e-commerce shipments has been stable but insufficient to absorb the volume of imports.

Upstream, recovered paper availability from South American suppliers has been steady, providing moderate feedstock support, while shipping and logistics costs have remained stable. Downstream converters and packaging companies have been cautiously placing orders, adjusting inventories amid slower post-harvest and industrial activity.

The price Chart has been indicating a gentle downward slope, reflecting measured market correction. Seasonally, summer production and transportation schedules have contributed to limited order acceleration. On a month-on-month basis, September 2025 prices have been remaining unchanged indicating a 0% deviation compared to August 2025. Overall, the Market has been reflecting balanced supply, restrained buying sentiment, and modest downward pricing pressure.

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q3 2025 the Testliner Prices has been declining sharply by 11.6% compared with Q2 2025, with prices averaging between 425-450 USD per metric ton. The price Trend has been weakening due to sluggish corrugated box demand from FMCG, retail, and construction-related packaging sectors.

Upstream, recovered paper supply from regional and international exporters has been ample, reducing feedstock cost pressure for local mills and contributing to soft Market conditions. Downstream, converters have been cautiously managing orders and deferring procurement amid economic uncertainty and moderate industrial activity.

The price Chart has been showing a steep downward slope, indicating accelerated pricing correction. Seasonally, summer months have been quieter in industrial shipments, exacerbating softer demand. On a month-on-month basis, September 2025 prices have been declining by 2.5% compared to August 2025. Overall, the Market has been reflecting cautious buying sentiment, ample supply, and intensified downward pricing pressure.

Testliner Price Trend Q4 2025

In Q4 2025 the Testliner prices has been declining by 6% compared with Q3 2025, as anticipated festive demand has remained below expectations and oversupply conditions have continued to weigh on pricing dynamics. Corrugated box requirements from retail, e-commerce, and FMCG distribution channels have been moderate, failing to create meaningful upward traction despite seasonal shipment cycles.

Testliner prices have been softening gradually amid comfortable scrap availability, reducing cost pressure on mills and limiting price support. Producers have been strategically lowering operating rates to prevent excessive inventory accumulation and to stabilize margins in a weak demand environment.

Export markets have been highly competitive, with suppliers offering aggressive pricing to secure limited spot orders. Overall, the market has maintained a subdued and cautious tone, characterized by restrained procurement activity, sufficient material availability, and persistent margin compression across major producing regions.

Thailand: Testliner Exported Prices FOB Laem Chabang, from Thailand; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been falling by 4.5% compared with Q3 2025, with prices averaging around 390-400 USD per metric ton. Festive and year-end demand from retail, e-commerce, and FMCG packaging has underperformed expectations, while supply has remained elevated. Recovered paper prices have been softening gradually, reducing cost support for producers. Thai mills have been strategically reducing operating rates to rebalance inventories and manage margins. Export shipments have been facing strong competition, limiting upward price movement.

Seasonal demand has been slowing in post-harvest agricultural shipments and industrial production. Overall, the global containerboard market has been experiencing subdued sentiment, elevated supply levels, competitive export dynamics, and cautious procurement, amplifying downward pricing pressure and restricting market recovery compared with the previous quarter. On month on month basis, the prices have been declining by 1.5% in December compared with November.

China: Testliner Imported Prices CIF Shanghai, China from Vietnam; Grade- Testliner 140 GSM

According to Price-Watch™ , in Q4 2025, the Testliner prices has been declining further by 1.8% compared with Q3 2025, with prices averaging around 450-465 USD per metric ton. Demand from converters and corrugated box producers has been underperforming expectations, as retail and e-commerce shipments have remained moderate while industrial and FMCG packaging orders have been cautious.

End-use applications have been stable but insufficient to absorb full import capacity, leading to competitive pricing among Vietnamese exporters. Recycled paper costs in Vietnam have been softening slightly, reducing cost support for mills and contributing to muted price adjustments. Producers have been lowering operating rates selectively to avoid excessive inventory accumulation and manage profitability amid weaker demand.

Seasonal trends, including the post-peak festive period, have been further moderating packaging consumption in China. Overall, the regional containerboard market has been showing subdued sentiment, characterized by cautious procurement, ample supply, and narrowing export margins. Compared with the previous quarter, pricing and trade activity have been softening further, reflecting persistent oversupply conditions and limited short-term growth prospects. On month on month basis, the prices have been declining by 1% in December2025 compared to November 2025.

India: Testliner Exported Prices FOB Nhava Sheva, from India; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been continuing its downward trajectory, declining by 7.5% compared with Q3 2025, with FOB Nhava Sheva prices averaging Between 340-360 USD per metric ton. Demand from converters, retail packaging, and export shipments has been moderate and insufficient to invigorate pricing, with key importers exercising disciplined procurement. Recycled paper feedstock costs have been softening, reducing cost support, while ample inventory and competitive exporter pricing have constrained upward moves on the price chart.

Seasonality has been unfavorable, as postharvest packaging and industrial shipments have softened. Overall, the containerboard market has been reflecting subdued conditions, constrained demand, and restrained pricing dynamics compared with the previous quarter, consistent with global containerboard market trends marked by cautious buyer behaviour and ample supply. On month on month basis, the prices have been declining by 2.5% in December2025 compared to November 2025.

Vietnam: Testliner Exported Prices FOB Haiphong, from Vietnam; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining further by 2.0% compared with Q3 2025, with FOB Haiphong prices averaging between 400-410 USD per metric ton. Although the rate of decline has been slower than in the previous quarter, the price Trend has continued to weaken due to moderate festive demand and sustained supply availability. On month-on-month basis, prices have been gradually softening by 1.0% in December 2025 compared to November 2025, as exporters have been adjusting offers to secure limited orders.

Demand from retail packaging, e-commerce shipments, processed food exports, and consumer goods distribution has been stable but below expectations. The price Chart has been reflecting continued downward pressure amid competitive regional Market conditions. Seasonally, post-harvest slowdowns and cautious year-end procurement have been dampening corrugated box demand. Overall, the Market has been showing subdued sentiment, balanced-to-long supply conditions, and restrained purchasing activity.

Shri Lanka: Testliner Imported Prices CIF Colombo, India from Shri Lanka; Grade- Testliner 140 GSM

In Q4 2025, the Testliner price has been declining further by 6.5% compared with Q3 2025, prices averaging between 375-395 USD per metric ton. Although the pace of decline has been slower than in the previous quarter, the price Trend has remained under pressure due to moderate festive demand and sufficient import supply.

On month-on-month basis, prices have been gradually softening by 2.0% in December 2025 compared to November 2025, indicating a stabilizing but still downward price Chart pattern. End-use applications such as retail packaging, e-commerce shipments, processed food distribution, and household goods packaging have been stable but below peak seasonal expectations.

Importers have been maintaining cautious procurement strategies amid currency sensitivity and cost management efforts. Seasonally, post-harvest slowdowns and conservative year-end stocking have been limiting demand recovery. Overall, the Market has been showing balanced-to-long supply conditions, muted consumer activity, and continued softness in prices compared with the previous quarter.

United Arab Emirates: Testliner Imported Prices CIF Jabel Ali, India from United Arab Emirates; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices in the United Arab Emirates has been declining further by 6.2% compared with Q3 2025, with CIF Jebel Ali prices averaging between 365-380 USD per metric ton. Although the rate of decline has been slower than in Q3, the price Trend has remained under pressure due to moderate festive demand and sustained import availability. On month-on-month basis, prices has been gradually softening by 1.0% in December 2025 compared to November 2025, indicating continued but less aggressive downward adjustments on the price Chart.

End-use demand from retail packaging, e-commerce shipments, processed food imports, and consumer goods distribution has been stable but below peak seasonal expectations. Importers have been maintaining cautious inventory strategies amid competitive supplier pricing and balanced regional supply. Seasonally, post-summer trade recovery has been modest, limiting demand rebound. Overall, the Market has been showing subdued buying interest, sufficient stock levels, and continued softness in prices compared with the previous quarter.

Canada: Testliner Exported Prices FOB Montreal, from Canada; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining by 6.2% compared with Q3 2025, with prices averaging between 390-420 USD per metric ton. The price Trend has been weakening more sharply as year-end export shipments have been falling short of expectations and overseas buyers have been maintaining cautious purchasing strategies.

On month-on-month prices, prices have been consistently softening by 2.5% in December 2025 compared to November 2025. Demand from key end-use sectors including retail packaging, processed food exports, consumer durables, and seasonal agricultural shipments has been stable but insufficient to offset ample supply.

The price Chart has been reflecting sustained downward pressure amid competitive global containerboard offers and balanced domestic production. Seasonally, post-harvest and winter slowdowns in construction and industrial activity have been further dampening corrugated packaging consumption. Overall, the Market has been exhibiting subdued sentiment, comfortable inventory levels, and continued downward movement in prices compared with the previous quarter.

United state of America: Testliner Imported Prices CIF Houston, Canada from United state of America; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices in the United States has been declining further by 6.2% compared with Q3 2025, with CIF Houston prices averaging between 390-425 USD per metric ton. The price Trend has been weakening more sharply as year-end demand has been falling short of expectations despite seasonal retail shipments. End-use demand from consumer goods packaging, processed food distribution, and holiday e-commerce logistics has been present but insufficient to absorb consistent import volumes.

The price Chart has been reflecting a steeper downward slope as competitive global offers and stable domestic mill output have been pressuring import prices. On a month-on-month basis, December prices have been decreasing by 2.5% in December2025 compared with November 2025, highlighting continued softening into year end.

Seasonally, post-holiday inventory planning and cautious contract negotiations have been limiting forward bookings. Overall, the Market has been showing subdued sentiment, ample supply availability, and sustained downward pressure on prices relative to the previous quarter.

Germany: Testliner Domestically traded Prices FD Hamburg, In Germany; Grade- Testliner 140 GSM

In Q4 2025, the Testliner prices has been declining by 6.5% compared with Q3 2025, with prices averaging between 350-370 USD per metric ton. The price Trend has been weakening more sharply as year-end industrial activity and export-driven packaging demand have been underperforming expectations. End-use sectors such as retail packaging, machinery exports, electronics distribution, and seasonal consumer goods shipments have been present but insufficient to offset steady production levels.

The price Chart has been indicating a steeper downward slope, aligned with broader European containerboard Market softness and easing recovered fiber costs. Seasonally, winter slowdowns and cautious contract renewals have been influencing procurement strategies.

Overall, the Market has been showing subdued buying interest, competitive domestic supply, and continued downward pressure on prices relative to the previous quarter. On a month-on-month basis, December 2025 prices have been decreasing by 1.5% compared with November 2025.

UK: Testliner Domestically traded Prices FD Southampton, In UK; Grade- Testliner 140 GSM

In Q4 2025, the UK Testliner prices has been declining by 4.8% compared with Q3 2025, with prices averaging between 390-410 USD per metric ton. The price Trend has been weakening more noticeably as anticipated year-end retail and holiday packaging demand has been underperforming expectations.

Downstream demand from food distribution, consumer goods shipments, and industrial packaging has been present but insufficient to absorb steady domestic production. At the same time, upstream recovered paper costs have been easing, reducing cost support and contributing to competitive pricing strategies.

The price Chart has been showing a steeper downward slope than in Q3, reflecting sustained pressure on prices across the broader European containerboard Market. Seasonally, post-holiday inventory planning and cautious contract renewals have been influencing procurement volumes.

Overall, the Market has been exhibiting subdued sentiment, comfortable supply levels, and continued downward pressure compared with the previous quarter. On a month-on-month basis, December 2025 prices have been declining by 1.5% compared with November 2025.

Poland: Testliner Domestically traded Prices FD Gdynia, In Poland; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been declining more sharply by 7.1% compared with Q3 2025, with prices averaging between 360-380 USD per metric ton. The price Trend has been steepening as year-end industrial and retail packaging demand has underperformed seasonal expectations, despite typical holiday logistics.

Downstream converters have been deferring orders amid cautious inventory management, particularly in FMCG and e-commerce sectors, while upstream recovered paper costs have been easing, reducing pressure for higher pricing.

Seasonal factors, including winter slowdowns in construction-related shipments and reduced agricultural packaging, have compounded weaker demand. The price Chart has been showing a sharper downward trajectory than in Q3, reflecting increased oversupply and competitive domestic mill offers On a month-on-month basis, September 2025 prices have been slightly lower than August 2025, with a decrease of around 1.5% over the previous month. Overall, the Market has been exhibiting subdued sentiment, constrained buying activity, and pronounced price pressure.

France: Testliner Domestically traded Prices FD Marseille, In France; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been declining more sharply by 5.0% compared with Q3 2025, with prices averaging between 370-390 USD per metric ton. The price Trend has been weakening as year-end packaging demand from retail, holiday shipments, and industrial sectors has been softer than expected. Downstream corrugated converters have been postponing orders amid cautious inventory management, especially in FMCG and e-commerce channels, while upstream recovered paper costs have been easing, limiting any cost-driven price support.

The price Chart has been showing a pronounced downward slope, reflecting both oversupply and subdued demand. Seasonal factors such as reduced construction activity and holiday-related slowdowns have further contributed to softer Market conditions. Overall, the Market has been exhibiting subdued buying interest, ample inventory, and continued price pressure. On a month-on-month basis, December 2025 prices have been decreasing by 1.5% compared to November 2025.

Italy: Testliner Domestically traded Prices FD Genoa, In Italy; Grade- Testliner 140 GSM

In Q4 2025, Testliner prices has been weakening by 6.2% compared to Q3 2025, with FD Genoa prices have been averaging 370–390 USD per metric ton, as the price decline has been steepening due to year-end demand shortfalls for corrugated packaging from retail, e-commerce, and industrial sectors below seasonal expectations, downstream converters have been limiting orders amid cautious inventory management, while recovered paper costs have been easing to reduce price support, compounded by seasonal slowdowns in construction, holiday logistics, and industrial shipments, with stable end use demand from processed foods, beverages, and durable goods having been failing to spur recovery price charts have been showing a sharper downward trajectory than Q3 amid oversupply and domestic mill competition, reflecting overall subdued buying, constrained trade, and persistent price pressure, including a 1.5% month-on-month drop that December 2025 prices have been experiencing when compared to November 2025.

Peru: Testliner Imported Prices CIF Callao, Peru from Canada; Grade- Testliner 140 GSM

In Q4 2025, the Testliner Prices has been weakening more sharply by 6.2% compared with Q3 2025, with prices averaging between 390-425 USD per metric ton. The price Trend has been steepening as year-end demand from retail, export packaging, and industrial shipments has underperformed seasonal expectations.

Downstream converters have been limiting procurement amid cautious inventory management, while upstream feedstock costs, including recovered paper, have been easing, reducing cost-driven support.

The price Chart has been showing a pronounced downward trajectory compared with Q3, reflecting both oversupply and softer demand. Seasonal factors, including slower shipping schedules and holiday periods, have further dampened consumption.

On a month-on-month basis, December 2025 prices have been declining by around 2.5% compared with the November 2025. Overall, the Market has been reflecting subdued buying interest, cautious trading, and amplified price pressure relative to the previous quarter

Saudi Arabia: Testliner Imported Prices CIF Jubail, Saudi Arabia from India; Grade- Testliner 140 GSM

In Q4 2025, the Testliner has been softening by 5.8% compared with Q3 2025, with prices averaging between 400-425 USD per metric ton. The price Trend has been continuing downward as year-end packaging demand has been slower than typical seasonal expectations, particularly in retail and industrial segments.

Downstream converters have been adopting conservative procurement strategies, reducing order sizes and managing inventories amid limited demand recovery. Upstream recovered paper costs have been easing further, offering minimal support for higher pricing.

The price Chart has been showing a continued declining slope, reflecting oversupply and cautious Market sentiment. Seasonally, reduced construction activity and the holiday period have contributed to softer trade flows.

Overall, the Market has been exhibiting subdued demand, restrained buying behaviour, and ongoing pressure on prices relative to the previous quarter. On a month-on-month basis, December 2025 prices have been lower than November 2025, declining by approximately 2.5% over the previous month.

Testliner Price Trend Analysis 2024

Testliner Price Trend Q1 2024

According to the Price Watch™, In Q1 2024 the Testliner 140 GSM, FOB Montreal (CANADA), prices has been increasing by 2% compared with Q4 2023, as gradual recovery in corrugated packaging demand has been supporting price stabilization across major regions. Converters have been cautiously restocking inventories following year-end destocking, particularly for food & beverage, FMCG, and e-commerce applications.

Recovered paper prices, the main raw material for Testliner, have been firming slightly due to tighter winter collection volumes, providing moderate cost support to mills. Producers have been maintaining balanced operating rates to align production with improving order inflows while preventing excess inventory. Export inquiries have been stable, especially for agricultural and processed food shipments.

Overall, the global packaging sector has been showing early signs of stabilization, with moderate trade activity, controlled inventories, and gradually improving business confidence contributing to a cautiously firm market condition.

According to Price Watch™, In Q1 2024 the Testliner prices has been rising by 1% compared with Q4 2023, with FOB Nhava Sheva prices averaging between 360-370 USD per metric ton. After the holiday season, downstream converters and corrugated box producers have been restocking cautiously, leading to modest improvements in price trend and stable shipments for FMCG, food & beverage, and retail packaging.

Exporters have been observing steady demand from Southeast Asia and the Middle East, supported by broader containerboard market growth and a shift toward sustainable packaging solutions amidst regulatory pushes for recyclable materials. India’s structural containerboard price chart has shown gradual improvement, underpinned by evolving demand and balanced supply.

Recycled paper feedstock availability has remained stable with moderate cost pressure, helping mills manage operating rates effectively and avoid oversupply. Seasonality has been a positive factor, as Q1 typically sees replenishment after yearend destocking, supporting modest demand growth. Overall, the market has been reflecting cautious optimism, with balanced supply demand dynamics and a steady price trend, aligning with forecasts of steady containerboard market expansion driven by ecommerce and sustainability trends.

Testliner Price Trend Q2 2024

According to the Price Watch™, In Q2 2024 the Testliner 140 GSM, FOB Montreal (CANADA), priceshas risen by 4% over Q1 2024, driven by stronger seasonal consumption and tightening supply-demand fundamentals. Corrugated box demand linked to fresh produce exports, beverage distribution, and retail replenishment has been accelerating ahead of peak summer trade flows.

Recovered paper prices have been trending upward amid improved scrap collection demand, reinforcing cost-push pressure on mills. Operating rates have been increasing to meet stronger domestic and export orders while maintaining disciplined inventory control.

Buyers have been actively rebuilding stocks in anticipation of higher logistics activity. Overall, the global packaging environment has been reflecting seasonal expansion, firmer trade flows, and improved downstream visibility, resulting in strengthened pricing sentiment and moderate optimism across major producing regions.

According to Price Watch™, In Q2 2024 the Testliner prices has been strengthening by 4.2% compared with Q1 2024, with FOB Nhava Sheva prices averaging between 370-390 USD per metric ton. The price trend has been gaining momentum as converters have been increasing procurement to meet seasonal peaks in agricultural exports, beverage packaging, and rising FMCG shipments.

Ecommerce growth has also been contributing to stronger demand for corrugated boxes, supporting upward movements in the price chart and overall market sentiment. Export activity to key markets such as China, Southeast Asia, and the Middle East has been improving, reflecting broader containerboard market expansion and heightened logistics activity in previous quarters.

Recycled paper prices have been moderately firm due to supply demand balance in fiber markets, providing cost push support to liners. Seasonality has been favorable, with summer trade and agricultural export cycles supporting higher volumes and reinforcing price momentum. Overall, the testliner market has been reflecting healthier fundamentals, balanced supply and improved downstream confidence, consistent with containerboard market forecasts that project growth driven by industrial and consumer packaging demand.

Testliner Price Trend Q3 2024

According to Price Watch™, In Q3 2024 the Testliner 140 GSM, FOB Montreal (CANADA), prices has been edged up by 1% compared with Q2 2024, as earlier seasonal strength has been stabilizing. Demand from processed food, electronics, and industrial sectors has been steady but less aggressive than in the previous quarter.

Recycled paper costs have been largely stable, offering limited additional cost support to producers. Mills have been adjusting operating rates moderately to maintain supply-demand balance and prevent excessive inventory accumulation.

Export activity has been consistent but not expanding significantly, reflecting steady global trade flows. Overall, the global containerboard market has been transitioning into a balanced phase, characterized by moderate consumption, cautious procurement strategies, and stable production patterns, resulting in marginal price growth rather than strong upward momentum.

According to the Price Watch™, In Q3 2024 the Testliner prices has been seeing a pullback, declining by 2.4% compared with Q2 2024, with FOB Nhava Sheva prices averaging between 365-375 USD per metric ton. After a strong first half, demand from converters and export channels has been stabilizing rather than growing, with industrial and FMCG packaging requirements remaining steady yet not expanding fast enough to absorb available supply. Export enquiries from major markets like China and Southeast Asia have been steady but cautious, with buyers managing inventories amid broader global containerboard price trend moderation.

Recycled paper costs have remained stable, offering limited raw material pressure to bolster pricing. Seasonal influences have been contributing to demand normalization as late summer and early autumn markets have seen slower agricultural shipments and subdued promotional packaging.

Overall, the containerboard market for Testliner has been reflecting balanced to soft conditions, with ample supply, cautious procurement, and restrained price growth, resulting in a muted price chart movement and subdued market sentiment compared with the previous quarter.

Testliner Price Trend Q4 2024

According to the Price Watch™, In Q4 2024 the Testliner 140 GSM, FOB Montreal (CANADA), prices has been increasing by 1% over Q3 2024, supported by festive-season packaging demand and year-end retail shipments. Corrugated box requirements from e-commerce, consumer electronics, and food distribution sectors have been strengthening ahead of holiday sales cycles.

Recycled paper prices have remained relatively stable, while seasonal energy fluctuations have introduced mild cost variability. Mills have been operating at controlled rates to meet short-term demand without building excessive inventory.

Export flows have been steady, though competitive global supply has been limiting sharper price gains. Overall, the global packaging sector has been benefiting from seasonal demand uplift, steady trade activity, and moderate capacity utilization, resulting in a firm yet measured market tone compared with the previous quarter.

According to the Price Watch™, In Q4 2024 the Testliner prices has been gaining by 5% compared with Q3 2024, with FOB Nhava Sheva prices averaging between 375-400 USD per metric ton. Yearend festive demand and elevated ecommerce packaging requirements have been supporting stronger corrugated box volumes, reinforcing upward price trend dynamics in domestic and export markets.

Export enquiries to China, the Middle East, and Southeast Asia have been improving, reflecting healthier global trade flows and heightened logistics activity toward holiday shipments. Recycled paper feedstock costs have been gradually firm, helping price stability and providing mild cost push support.

Seasonal demand has been favorable as Q4 packaging volumes typically increase with retail promotions, retail inventory buildup, and busy yearend consumption cycles. Overall, the containerboard market for testliner has been reflecting constructive fundamentals, improved downstream confidence, and a firmer price chart trend, supported by a balanced flow of demand across key enduse sectors, including FMCG, industrial, and export packaging.

Technical Specifications of Testliner Price Trends

Product Description

Testliner is a type of recycled paperboard primarily used as the outer liner in corrugated cardboard, made from recovered fibers such as old newspapers, magazines, or office waste. Testliner is moderately strong, with sufficient tensile and burst strength for most standard packaging and has a slightly rough surface suitable for printing. It is fully recyclable, cost-effective, and environmentally friendly, making it ideal for shipping cartoons, retail boxes, storage boxes, and other eco-conscious packaging applications. While it provides structural support and protection in corrugated sheets, it has limited moisture resistance and may require coating for wet conditions yet remains widely used in sustainable packaging and other paperboard products like trays or dividers.

Identifiers and Classification:

CAS No: 65996-61-4

HS Code: 48052400

Molecular Formula: Not applicable (natural polymeric mixture of cellulose)

Molecular Weight: Variable (approx. 157,800–350,000 kDa for cellulose polymer chains)

Testliner Synonyms:

Recycled linerboard
Recycled liner
Recycled corrugated linerboard
Secondary fiber linerboard
Waste-based linerboard
Brown recycled linerboard

Testliner Grades Specific Price Assessment:

Testliner 140 GSM
Testliner 175 GSM

Testliner Global Trade and Shipment Terms:

Quotation Terms (Product & Country Specific): 25-28 MT
Packaging Type (Product & Country Specific): Jumbo Rolls

Incoterms Referenced in Unbleached Kraftliner Price Reporting:

Shipping Term	Location	Definition
FOB Laem Chabang	Laem Chabang, Thailand	Testliner Export price from Thailand
CIF Shanghai (VIETNAM)	Shanghai, China	Testliner Import price in China from Vietnam
CIF Shanghai (THAILAND)	Shanghai, China	Testliner Import price in China from Thailand
FOB Nhava Sheva	Nhava sheva, India	Testliner Export price from India
FOB Haiphong	Haiphong, Vietnam	Testliner Export price from Vietnam
CIF Colombo (INDIA)	Colombo, Shri Lanka	Testliner Import price in Shri lanka from India
CIF Jabel Ali (INDIA)	Jabel Ali, United Arab Emirates	Testliner Import price in United Arab Emirates from India
FOB Montreal	Montreal, Canada	Testliner Export price from Canada
CIF Houston (CANADA)	Houston, United state of America	Testliner Import price in United state of America from Canada
FD Hamburg	Hamburg, Germany	Domestically Traded Testliner Price in Germany
FD Southampton	Southampton, UK	Domestically Traded Testliner Price in UK
FD Gdynia	Gdynia, Poland	Domestically Traded Testliner Price in Poland
FD Marseille	Marseille, France	Domestically Traded Testliner Price in France
FD Genoa	Genoa, Italy	Domestically Traded Testliner Price in Italy
CIF Callao (CANADA)	Callao, Peru	Testliner Import price in Peru from Canada
CIF Jubail (INDIA)	Jubail, Saudi Arabia	Testliner Import price in Saudi Arabia from India

Quotation Terms refers to the quantity range specified for the Testliner being quoted or offered in a commercial transaction.

Packaging Type refers to standard packaging size commonly used for Testliner packing, ease of handling, transportation, and storage in industrial and commercial applications.

Testliner Mills and their brands:

Brand Name	Mills
NA	Papierfabrik Palm GmbH & Co KG
NA	Klingele Paper & Packaging SE & Co. KG
NA	Siam Kraft Industry Co., Ltd,
LEIPA Classic brown	LEIPA Group
Austro	W. Hamburger GmbH
NA	Paxert LLP
NA	Bell Multi Kraft Pvt. Ltd
NA	Sri Andal Paper Mills, jagdamba paper mill,
NA	Thuan An Paper
NA	Sai Gon Paper Corporation

Testliner Industrial Applications

Historical testliner Price Trend Analysis

Historically, several events have caused significant fluctuations in Testliner prices

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global testliner price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the testliner market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence testliner prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely testliner market data.

Track Price Watch's™ testliner price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Disclaimer

Testliner Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

FAQ

What is Testliner and why does its price matter? +

Testliner is a recycled linerboard made primarily from recovered paper fibers and used as the outer layer of corrugated boxes. Its price matters because it directly impacts packaging costs for industries such as e-commerce, FMCG, food & beverage, logistics, and manufacturing. Since corrugated packaging is widely used across supply chains, fluctuations in Testliner prices can significantly influence overall product and shipping costs. Price Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

How much does Testliner cost right now? +

Testliner prices vary by region, GSM (GRAMMAGE), strength properties, recycled fiber availability, and supply–demand dynamics. Prices are typically quoted per metric ton and fluctuate due to changes in waste paper costs, energy prices, freight rates, and corrugated box demand. Price Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

What is the market trend in Testliner, and what affects Testliner? +

The global Testliner market is growing steadily, driven by expanding e-commerce, sustainable packaging initiatives, and increased demand for corrugated boxes. Market dynamics are influenced by recycled fiber prices, containerboard capacity changes, environmental regulations, energy costs, and seasonal packaging demand. Asia-Pacific and emerging economies continue to show strong growth momentum.

Which industries buy the most Testliner? +

The largest buyers of Testliner are corrugated box manufacturers producing shipping cartons and industrial packaging. E-commerce and retail logistics companies rely heavily on corrugated boxes made with Testliner. Food and beverage companies use it for secondary packaging, while consumer goods, electronics, and agricultural exporters depend on it for safe product transportation. Price Watch™ analyses demand patterns across all these industries.

Where does Testliner come from? +

Testliner is produced in paper mills using recycled fibers obtained from recovered paper such as old, corrugated containers and mixed paper waste. The fibers are pulped, cleaned, formed into heavy paperboard sheets, pressed, dried, and rolled into large reels.

Who is the largest exporter of Testliner? +

The largest exporter of Testliner is Germany, which accounts for the highest share of global exports of uncoated recycled linerboard products, followed by other European countries such as Spain, France and Poland. Price Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Is there enough Testliner to meet global demand? +

Global supply generally aligns with demand, but temporary tightness can occur during peak shipping seasons or when mills undergo maintenance shutdowns. Fluctuations in recycled fiber availability and strong e-commerce growth can also create short-term supply imbalances. Capacity expansions in Asia and Europe have improved long-term supply stability. Price Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

What are the different grades of Testliner and why do prices differ? +

Testliner grades vary based on strength, GSM, recycled fiber quality, and surface finish. Higher-strength or heavier-GSM grades are more expensive due to improved durability and performance. Prices also differ based on production technology, moisture resistance treatments, and regional demand conditions. Price Watch™ provides separate price assessments for different Testliner grades to ensure clear market benchmarking and transparency.

What happens when demand for Testliner suddenly increases? +

A sudden increase in demand often driven by e-commerce growth or seasonal shipping peaks can result in price hikes, longer lead times, and tighter supply conditions. Mills may raise operating rates or adjust export allocations. Regional price differences may widen during such periods Price Watch™ captures these market dynamics in real-time.

How do energy prices affect Testliner costs? +

Energy is a significant cost component in recycled fiber processing and paper drying operations. Increases in electricity, natural gas, or fuel costs raise mill production expenses, which can push Testliner prices upward. Stable energy markets typically support price stability, a correlation that Price Watch™ analyses in its price assessments & market reports.

What causes regional price differences for Testliner? +

Regional price variations arise from differences in recycled fiber availability, freight costs, import/export duties, local supply–demand balances, currency fluctuations, and environmental regulations. Regions dependent on imported waste paper or finished linerboard often experience higher volatility. Price Watch™ tracks prices across all major regions to highlight these differences.

What is the forecast for Testliner prices? +

The Testliner market outlook remains supported by steady packaging demand and sustainability-driven substitution of plastic packaging. However, prices may remain volatile due to fluctuations in recycled fiber costs, energy markets, and global trade conditions. Seasonal demand spikes and new capacity additions can influence short-term price trends. Price Watch™ regularly publishes detailed forecasts that project price movements for the next 3 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Can Testliner forecasts really help my business? +

Yes. Accurate price forecasts allow companies to optimize procurement timing, negotiate better contracts, and manage budgeting effectively. If Price Watch™ forecasts predict a price increase in 3 months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

How do global events impact Testliner supply and prices? +

Global events such as trade restrictions, environmental policies, geopolitical tensions, energy crises, and economic slowdowns can affect recycled fiber availability, freight costs, and packaging demand. Weather disruptions impacting waste paper collection or transportation can also influence supply. Price Watch™ provides timely alerts when such events affect the market.

Where can I find reliable Testliner information? +

Price Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Testliner industry.