Europe: Folding Boxboard Market 2024

Folding Boxboard Market Size in Europe

The Europe folding boxboard market expanded sharply to $X in 2021, with an increase of 5% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Folding Boxboard Production in Europe

In value terms, folding boxboard production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Folding Boxboard Exports

Exports in Europe

In 2021, approx. X tons of folding boxboard were exported in Europe; growing by 8.3% compared with 2020. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, folding boxboard exports soared to $X in 2021. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of folding boxboard, namely Sweden, Finland and Germany, represented more than half of total export. It was distantly followed by Belgium (X tons), generating a 4.9% share of total exports. The following exporters - Italy (X tons), the Netherlands (X tons), France (X tons), Austria (X tons), Poland (X tons), Slovenia (X tons), Spain (X tons), Russia (X tons) and the UK (X tons) - together made up 24% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of +7.8%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 61% share of total exports. Italy, Poland, Belgium, the Netherlands, France, Spain, Austria, the UK, Russia and Slovenia lagged somewhat behind, together accounting for a further 32%.

Belgium, with a CAGR of +7.0%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, picking up by 9.4% against the previous year. In general, the export price, however, showed a mild downturn. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the other leaders experienced mixed trends in the export price figures.

Folding Boxboard Imports

Imports in Europe

For the sixth consecutive year, Europe recorded growth in overseas purchases of folding boxboard, which increased by 6.7% to X tons in 2021. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, folding boxboard imports surged to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), followed by Poland (X tons), France (X tons), Italy (X tons), Russia (X tons), Belgium (X tons), the UK (X tons), the Netherlands (X tons) and Spain (X tons) were the main importers of folding boxboard, together generating 76% of total imports. The following importers - Austria (X tons), the Czech Republic (X tons), Hungary (X tons) and Ukraine (X tons) - each resulted at an 8.7% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +7.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 33% of total imports.

In terms of the main importing countries, Poland, with a CAGR of +6.3%, 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 import price in Europe stood at $X per ton in 2021, rising by 8.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Ukraine ($X per ton) and Austria ($X per ton), while Hungary ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform