CIS: Wrapping Papers Market 2024

Wrapping Papers Market Size in CIS

The CIS wrapping papers market skyrocketed to $X in 2021, rising by 41% against the previous year. Over the period under review, consumption, however, recorded a slight slump. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Wrapping Papers Production in CIS

In value terms, wrapping papers production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wrapping Papers Exports

Exports in CIS

In 2021, wrapping papers exports in the CIS dropped to X tons, reducing by -9.9% on the previous year's figure. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2013 when exports increased by 35% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, wrapping papers exports skyrocketed to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.6% 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 +94.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Russia prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2021. Belarus (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the wrapping paper, packaging paper and paperboard exports, with a CAGR of +10.2% from 2012 to 2021. Belarus (-7.8%) illustrated a downward trend over the same period. While the share of Russia (+7.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belarus (-7.4 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest wrapping papers supplier in the CIS, comprising 98% of total exports. The second position in the ranking was taken by Belarus ($X), with a 2.2% share of total exports.

In Russia, wrapping papers exports expanded at an average annual rate of +8.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, growing by 29% against the previous year. In general, the export price, however, recorded a slight decrease. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Belarus ($X per ton), while Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.1%).

Wrapping Papers Imports

Imports in CIS

In 2021, wrapping papers imports in the CIS contracted slightly to X tons, reducing by -4.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 15%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, wrapping papers imports surged to $X in 2021. The total import value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 19%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Russia (X tons) and Belarus (X tons) were the key importers of wrapping paper, packaging paper and paperboard in the CIS, together mixing up 63% of total imports. Kazakhstan (X tons) ranks next in terms of the total imports with an 11% share, followed by Uzbekistan (10%) and Moldova (9.5%). Azerbaijan (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of +57.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported wrapping paper, packaging paper and paperboard in the CIS, comprising 48% of total imports. The second position in the ranking was taken by Belarus ($X), with a 20% share of total imports. It was followed by Uzbekistan, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +2.6%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+4.4% per year) and Uzbekistan (+37.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, jumping by 22% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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