Europe: Corrugated Paper Market 2024

Corrugated Paper Market Size in Europe

The Europe corrugated paper market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Production in Europe

In value terms, corrugated paper production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Corrugated Paper Exports

Exports in Europe

In 2021, approx. X tons of corrugated paper and paperboard were exported in Europe; surging by 13% compared with the previous year. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, corrugated paper exports soared to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany represented the largest exporting country with an export of about X tons, which finished at 38% of total exports. France (X tons) took a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (8%), Poland (7.3%) and Denmark (6.2%). Spain (X tons), Belgium (X tons), Russia (X tons), the UK (X tons), Austria (X tons), Croatia (X tons) and Latvia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to corrugated paper exports from Germany stood at +9.6%. At the same time, Spain (+10.3%), Russia (+9.7%), Denmark (+9.4%), Belgium (+8.4%), Austria (+4.7%), the UK (+4.6%), Latvia (+4.0%), Croatia (+2.6%) and France (+1.3%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of +10.3% from 2012-2021. The Czech Republic and Poland experienced a relatively flat trend pattern. From 2012 to 2021, the share of Germany, Denmark and Spain increased by +15, +2.3 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest corrugated paper supplier in Europe, comprising 39% of total exports. The second position in the ranking was held by France ($X), with a 10% share of total exports. It was followed by the Czech Republic, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany totaled +9.8%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+2.3% per year) and the Czech Republic (+1.2% per year).

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, surging by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. 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, amid the top suppliers, the country with the highest price was the UK ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.6%), while the other leaders experienced more modest paces of growth.

Corrugated Paper Imports

Imports in Europe

In 2021, approx. X tons of corrugated paper and paperboard were imported in Europe; surging by 14% on 2020 figures. The total import volume increased at an average annual rate of +4.7% 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, corrugated paper imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), followed by Belgium (X tons), the Netherlands (X tons), Austria (X tons), Hungary (X tons), Slovakia (X tons), Germany (X tons), the Czech Republic (X tons) and France (X tons) represented the largest importers of corrugated paper and paperboard, together constituting 73% of total imports. Denmark (X tons), the UK (X tons), Belarus (X tons) and Lithuania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest corrugated paper importing markets in Europe were Poland ($X), the Netherlands ($X) and Belgium ($X), with a combined 32% share of total imports.

Poland, with a CAGR of +26.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, jumping by 23% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import 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 importing countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform