In 2022, corrugated and box board paper prices showed a volatile downward trend, China's AA grade corrugated paper 120g annual average price of 3587 yuan/ton, down 8.11 percent year-on-year; box board paper average price of 4725 yuan/ton, down 2.01 percent year-on-year. Annual market price changes are mainly affected by demand, supply, cost, policy and other factors, but they are still mainly concentrated on the supply and demand side. Terminal demand light internal and external demand data double reduced 2022, the key factor affecting the price of corrugated and box board paper is demand. Affected by other external factors, domestic demand and exports will be weak in 2022. Domestic consumption of corrugated paper during the year was 23.31 million tons, down 5.01 percent year-on-year, while box board paper consumption was 30.48 million tons, down 0.85 percent year-on-year. From the perspective of domestic demand, corrugated cardboard is the main packaging paper in the current society, and its application scope radiates to food and beverage, household appliances, clothing, shoes and hats, medicine, express delivery and other industries in life. In 2022, the total retail sales of consumer goods was 43973.3 billion billion yuan, down 0.2 from the previous year. Among them, retail sales of consumer goods other than automobiles fell by 0.4 to 39396.1 billion yuan, with overall domestic demand performing poorly. From the point of view of exports, exports account for less than 1% of the overall consumption of corrugated and boxboard paper, which has a limited impact on the overall demand. However, corrugated and boxboard paper, as important packaging paper, is the main packaging material for domestic export commodities. From January to December, the throughput of foreign trade goods was 4.607 billion tons, down 1.9 percent from the same period last year. Foreign trade continued to be depressed and external demand was under pressure. Supply fell in tandem, dragged down by demand. In 2022, the market supply showed a trend of first strength and then weakness. In 2022, the new production capacity of corrugated and box board paper is 5.24 million tons, the elimination capacity is about 1.84 million tons, and the net new production capacity is 3.4 million tons. However, in terms of production, corrugated paper production for the year was 20.87 million tons, down 4.57 percent from 2021, while box board paper production was 26.92 million tons, down 2.78 percent from 2021. Affected by uncertain factors, the market start situation is not stable. Among them, since the second half of the year, the output has been affected by sluggish demand. Most paper mills have taken the initiative to shut down for maintenance, reduce construction, and the output has declined significantly.