Belarus: Wrapping Papers Market 2024

Wrapping Papers Market Size in Belarus

In 2021, the Belarusian wrapping papers market decreased by -6.3% to $X, falling for the second year in a row after eight years of growth. In general, consumption, however, saw a significant expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in Belarus

In value terms, wrapping papers production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 52% against the previous year. Wrapping papers production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wrapping Papers Exports

Exports from Belarus

In 2021, shipments abroad of wrapping paper, packaging paper and paperboard increased by 39% to X tons, rising for the fourth consecutive year after five years of decline. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 56%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wrapping papers exports surged to $X in 2021. In general, exports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2019 when exports increased by 87%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for wrapping papers exports from Belarus, with a 57% share of total exports. Moreover, wrapping papers exports to Russia exceeded the volume sent to the second major destination, Poland (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+44.7% per year) and Ukraine (-16.1% per year).

In value terms, Russia ($X) remains the key foreign market for wrapping paper, packaging paper and paperboard exports from Belarus, comprising 56% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Ukraine, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+50.3% per year) and Ukraine (-10.3% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2021, with an increase of 15% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wrapping papers export price increased by +48.3% against 2016 indices. The growth pace was the most rapid in 2019 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Belarus

In 2021, overseas purchases of wrapping paper, packaging paper and paperboard decreased by -15.7% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wrapping papers imports surged to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main wrapping papers supplier to Belarus, with a 96% share of total imports. It was followed by Ukraine (X tons), with a 2.6% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia totaled +5.9%.

In value terms, Russia ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Belarus, comprising 92% of total imports. The second position in the ranking was held by Ukraine ($X), with a 4.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +7.1%.

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, rising by 57% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ukraine ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+4.1%).

Source: IndexBox Platform

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