Austria: Wrapping Papers Market 2024

Wrapping Papers Market Size in Austria

The Austrian wrapping papers market reached $X in 2021, with an increase of 2.9% against the previous year. Over the period under review, consumption showed a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Production in Austria

In value terms, wrapping papers production rose rapidly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 35%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Wrapping Papers Exports

Exports from Austria

For the eighth consecutive year, Austria recorded growth in shipments abroad of wrapping paper, packaging paper and paperboard, which increased by 17% to X tons in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.6% against 2013 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers exports soared to $X in 2021. In general, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons) was the main destination for wrapping papers exports from Austria, with a 35% share of total exports. Moreover, wrapping papers exports to Slovenia exceeded the volume sent to the second major destination, Germany (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to Slovenia amounted to +65.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.4% per year) and Italy (+9.2% per year).

In value terms, Slovenia ($X), Germany ($X) and Italy ($X) were the largest markets for wrapping papers exported from Austria worldwide, together comprising 59% of total exports.

Slovenia, with a CAGR of +59.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wrapping papers export price amounted to $X per ton, increasing by 12% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were France ($X per ton) and the Czech Republic ($X per ton), while the average price for exports to Slovenia ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Austria

In 2021, supplies from abroad of wrapping paper, packaging paper and paperboard increased by 3.7% to X tons, rising for the second year in a row after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 18% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, wrapping papers imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 17%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of wrapping papers to Austria, with a 54% share of total imports. Moreover, wrapping papers imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-0.9% per year) and Italy (+9.1% per year).

In value terms, Germany ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Austria, comprising 52% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+0.3% per year) and Italy (+7.5% per year).

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, picking up by 9.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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