Eastern Europe: Wrapping Papers Market 2024

Wrapping Papers Market Size in Eastern Europe

The East European wrapping papers market expanded sharply to $X in 2021, rising by 8.5% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Wrapping Papers Production in Eastern Europe

In value terms, wrapping papers production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 14% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wrapping Papers Exports

Exports in Eastern Europe

Wrapping papers exports expanded slightly to X tons in 2021, increasing by 4.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 10%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, wrapping papers exports soared to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. 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

In 2021, the Czech Republic (X tons) and Russia (X tons) were the key exporters of wrapping paper, packaging paper and paperboard in Eastern Europe, together finishing at approx. 68% of total exports. It was distantly followed by Poland (X tons), Bulgaria (X tons) and Hungary (X tons), together comprising a 23% share of total exports. Estonia (X tons) and Slovakia (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +10.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers supplying countries in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), together accounting for 78% of total exports.

In terms of the main exporting countries, Russia, with a CAGR of +8.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 19% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+1.8%), while the other leaders experienced more modest paces of growth.

Wrapping Papers Imports

Imports in Eastern Europe

In 2021, the amount of wrapping paper, packaging paper and paperboard imported in Eastern Europe rose notably to X tons, with an increase of 14% compared with 2020 figures. The total import volume increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) was the largest importer of wrapping paper, packaging paper and paperboard, generating 45% of total imports. The Czech Republic (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (8.9%), Slovakia (6.6%), Ukraine (5.1%) and Romania (4.9%). Lithuania (X tons) took a minor share of total imports.

Poland was also the fastest-growing in terms of the wrapping paper, packaging paper and paperboard imports, with a CAGR of +9.1% from 2012 to 2021. At the same time, Lithuania (+6.3%), Slovakia (+4.7%), Hungary (+4.5%), Romania (+4.5%) and the Czech Republic (+1.7%) displayed positive paces of growth. By contrast, Ukraine (-2.0%) illustrated a downward trend over the same period. While the share of Poland (+13 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Ukraine (-4.6 p.p.) and the Czech Republic (-4.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported wrapping paper, packaging paper and paperboard in Eastern Europe, comprising 43% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 15% share of total imports. It was followed by Hungary, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value in Poland stood at +9.4%. In the other countries, the average annual rates were as follows: the Czech Republic (+3.8% per year) and Hungary (+4.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Romania ($X per ton), while Hungary ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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