Belarus: Corrugated Paper Market 2024

Corrugated Paper Market Size in Belarus

In 2021, after two years of growth, there was significant decline in the Belarusian corrugated paper market, when its value decreased by -10.6% to $X. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then reduced in the following year.

Corrugated Paper Production in Belarus

In value terms, corrugated paper production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 39% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined modestly in the following year.

Corrugated Paper Exports

Exports from Belarus

In 2021, overseas shipments of corrugated paper and paperboard increased by 106% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, corrugated paper exports soared to $X in 2021. Overall, exports, however, recorded a abrupt downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for corrugated paper exports from Belarus, with a 73% share of total exports. Moreover, corrugated paper exports to Russia exceeded the volume sent to the second major destination, Poland (X tons), sevenfold. The third position in this ranking was taken by Moldova (X tons), with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+29.7% per year) and Moldova (-13.4% per year).

In value terms, Russia ($X) remains the key foreign market for corrugated paper and paperboard exports from Belarus, comprising 72% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports. It was followed by Moldova, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+33.9% per year) and Moldova (-12.7% per year).

Export Prices by Country

In 2021, the average corrugated paper export price amounted to $X per ton, picking up by 49% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Poland ($X per ton) and Lithuania ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Moldova ($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 Lithuania (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into Belarus

In 2021, the amount of corrugated paper and paperboard imported into Belarus fell rapidly to X tons, with a decrease of -21.5% compared with the previous year. In general, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 47% against the previous year. Imports peaked at X tons in 2020, and then reduced markedly in the following year.

In value terms, corrugated paper imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons) was the main corrugated paper supplier to Belarus, accounting for a 98% share of total imports. It was followed by Ukraine (X tons), with a 1.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +6.4%.

In value terms, Russia ($X) constituted the largest supplier of corrugated paper and paperboard to Belarus, comprising 98% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 1.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +9.5%.

Import Prices by Country

In 2021, the average corrugated paper import price amounted to $X per ton, with an increase of 72% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.9%).

Source: IndexBox Platform

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