Price of Frances Wrapping Paper Drops to $2,154 per Ton

France Wrapping Papers Export Price in May 2023

In May 2023, the wrapping papers price amounted to $2,154 per ton (FOB, France), dropping by -4.8% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 8.2% month-to-month. Over the period under review, the average export prices reached the maximum at $2,264 per ton in April 2023, and then fell modestly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,412 per ton), while the average price for exports to the Netherlands ($1,160 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

France Wrapping Papers Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In May 2023, the product with the highest price was paper and paperboard, coated on one or both sides with kaolin "china clay" or other inorganic substances, with or without a binder, and with no other coating, whether or not surface-coloured, surface-decorated or printed, in rolls or in square or rectangular sheets, of any size ($7,472 per ton), while the average price for exports of unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm ($1,364 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: paper and paperboard; coated with inorganic substances only, whether or not surface-coloured, surface-decorated or printed, n.e.s. in heading no. 4810, in rolls or sheets (+10.8%), while the prices for the other products experienced more modest paces of growth.

France Wrapping Papers Exports

In May 2023, approximately 31K tons of wrapping paper, packaging paper and paperboard were exported from France; growing by 13% compared with the previous month. Over the period under review, exports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in January 2023 when exports increased by 36% against the previous month.

In value terms, wrapping papers exports rose remarkably to $67M (IndexBox estimates) in May 2023. In general, exports, however, recorded a slight decline. The pace of growth was the most pronounced in January 2023 when exports increased by 31% month-to-month.

France Wrapping Papers Exports by Type

Paper; glassine and other glazed transparent or translucent papers, in rolls or sheets (9.6K tons), paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 (8K tons) and kraft paper and paperboard; uncoated, unbleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803 (3.2K tons) were the main products of wrapping papers exports from France, with a combined 67% share of total exports. These products were followed by paper; vegetable parchment, in rolls or sheets, paper; greaseproof papers, in rolls or sheets, kraft paper and paperboard, bleached uniformly throughout the mass and containing > 95% chemically processed wood fibres by weight in relation to the total fibre content, coated on one or both sides with kaolin or other inorganic substances, in rolls or in square or rectangular sheets, of any size, weighing <= 150 g/m² , kraft paper and paperboard; uncoated, bleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803, unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm , sack kraft paper, uncoated, in rolls of a width > 36 cm, sulphite wrapping paper and paper and paperboard, coated on one or both sides with kaolin "china clay" or other inorganic substances, with or without a binder, and with no other coating, whether or not surface-coloured, surface-decorated or printed, in rolls or in square or rectangular sheets, of any size, which together accounted for a further 33%.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by kraft paper and paperboard; sack kraft paper, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803 (with a CAGR of -1.6%), while the other products experienced a decline.

In value terms, paper; glassine and other glazed transparent or translucent papers, in rolls or sheets ($20M), paper and paperboard, corrugated (with or without glued flat surface sheets), creped, crinkled, embossed or perforated, in rolls or sheets other than those of heading no. 4803 or 4818 ($14M) and paper; vegetable parchment, in rolls or sheets ($11M) were the most exported types of wrapping paper, packaging paper and paperboard from France worldwide, with a combined 68% share of total exports. These products were followed by paper; greaseproof papers, in rolls or sheets, kraft paper and paperboard, bleached uniformly throughout the mass and containing > 95% chemically processed wood fibres by weight in relation to the total fibre content, coated on one or both sides with kaolin or other inorganic substances, in rolls or in square or rectangular sheets, of any size, weighing <= 150 g/m² , kraft paper and paperboard; uncoated, unbleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803, kraft paper and paperboard; uncoated, bleached, weight 150g/m2 or less, in rolls or sheets, other than that of heading no. 4802 or 4803, unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm , sack kraft paper, uncoated, in rolls of a width > 36 cm, sulphite wrapping paper and paper and paperboard, coated on one or both sides with kaolin "china clay" or other inorganic substances, with or without a binder, and with no other coating, whether or not surface-coloured, surface-decorated or printed, in rolls or in square or rectangular sheets, of any size, which together accounted for a further 32%.

Kraft paper and paperboard; sack kraft paper, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803, with a CAGR of -0.5%, saw the highest rates of growth with regard to the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.

France Wrapping Papers Exports by Country

Spain (5.8K tons), Germany (4.3K tons) and Belgium (3.8K tons) were the main destinations of wrapping papers exports from France, with a combined 45% share of total exports. These countries were followed by the United States, Italy, the Netherlands, the UK, China, Poland, the Czech Republic and Algeria, which together accounted for a further 39%.

From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +14.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wrapping papers exported from France were Spain ($11M), the United States ($11M) and Germany ($10M), together accounting for 49% of total exports. These countries were followed by Italy, Belgium, the UK, the Netherlands, China, Poland, the Czech Republic and Algeria, which together accounted for a further 34%.

Among the main countries of destination, Algeria, with a CAGR of +14.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform