Belgium: Sulphite Wrapping Paper Market 2024

Sulphite Wrapping Paper Market Size in Belgium

In 2022, the Belgian sulphite wrapping paper market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a pronounced contraction. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Sulphite Wrapping Paper Production in Belgium

In value terms, sulphite wrapping paper production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced descent. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Sulphite Wrapping Paper Exports

Exports from Belgium

In 2022, shipments abroad of sulphite wrapping paper decreased by X% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sulphite wrapping paper exports contracted rapidly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for sulphite wrapping paper exports from Belgium, with a X% share of total exports. Moreover, sulphite wrapping paper exports to Turkey exceeded the volume sent to the second major destination, Syrian Arab Republic (X tons), twofold. The third position in this ranking was held by Mexico (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (X% per year) and Mexico (X% per year).

In value terms, the largest markets for sulphite wrapping paper exported from Belgium were Turkey ($X), Mexico ($X) and France ($X), together accounting for X% of total exports. Syrian Arab Republic, Bangladesh, El Salvador, Germany and Kenya lagged somewhat behind, together comprising a further X%.

Syrian Arab Republic, with a CAGR of X%, recorded the highest growth rate of 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

The average sulphite wrapping paper export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wrapping Paper Imports

Imports into Belgium

In 2022, imports of sulphite wrapping paper into Belgium shrank to X tons, leveling off at 2021. In general, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphite wrapping paper imports expanded remarkably to $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Slovenia (X tons) were the main suppliers of sulphite wrapping paper imports to Belgium, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sulphite wrapping paper suppliers to Belgium were Germany ($X), Italy ($X) and Slovenia ($X), together accounting for X% of total imports.

In terms of the main suppliers, Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sulphite wrapping paper import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Germany ($X per ton), while the price for Slovenia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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