EU: Photographic Paper Market 2024

Photographic Paper Market Size in the EU

The EU photographic paper market shrank notably to $X in 2021, which is down by -16.7% against the previous year. In general, consumption recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Photographic Paper Production in the EU

In value terms, photographic paper production surged to $X in 2021 estimated in export price. In general, production, however, faced a significant curtailment. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Photographic Paper Exports

Exports in the EU

In 2021, shipments abroad of photographic paper, paperboard and textiles was finally on the rise to reach X square meters for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 2% against the previous year. The volume of export peaked at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports expanded rapidly to $X in 2021. Over the period under review, exports, however, recorded a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X square meters) was the main exporter of photographic paper, paperboard and textiles, making up 74% of total exports. Belgium (X square meters) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Germany (7%). Italy (X square meters) followed a long way behind the leaders.

Exports from the Netherlands decreased at an average annual rate of -10.2% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. Italy (-5.7%) and Germany (-9.4%) illustrated a downward trend over the same period. Belgium (+6.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest photographic paper supplier in the European Union, comprising 69% of total exports. The second position in the ranking was held by Belgium ($X), with a 13% share of total exports. It was followed by Germany, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at -8.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-1.2% per year) and Germany (-6.4% per year).

Export Prices by Country

The export price in the European Union stood at $X per square meter in 2021, growing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 when the export price increased by 11% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per square meter), while Italy ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the other leaders experienced more modest paces of growth.

Photographic Paper Imports

Imports in the EU

In 2021, supplies from abroad of photographic paper, paperboard and textiles decreased by -30.7% to X square meters for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 77% against the previous year. As a result, imports reached the peak of X square meters. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, photographic paper imports declined to $X in 2021. Overall, imports saw a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 13%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X square meters), distantly followed by Germany (X square meters), Belgium (X square meters), Poland (X square meters), Italy (X square meters) and France (X square meters) represented the key importers of photographic paper, paperboard and textiles, together making up 83% of total imports. Spain (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +31.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 58% share of total imports.

In terms of the main importing countries, the Netherlands, with a CAGR of +17.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per square meter in 2021, picking up by 25% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. Over the period under review, import prices reached the peak figure at $X per square meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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