Italy: Gummed Paper Market 2024

Gummed Paper Market Size in Italy

The Italian gummed paper market reduced dramatically to $X in 2021, waning by -18.3% against the previous year. Overall, consumption faced a abrupt shrinkage. Gummed paper consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Gummed Paper Production in Italy

In value terms, gummed paper production fell slightly to $X in 2021 estimated in export price. In general, production, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 84%. As a result, production attained the peak level of $X, leveling off in the following year.

Gummed Paper Exports

Exports from Italy

Gummed paper exports from Italy declined slightly to X tons in 2021, almost unchanged from 2020 figures. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 +19.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 37%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, gummed paper exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period 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 when exports increased by 37%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), South Africa (X tons) and France (X tons) were the main destinations of gummed paper exports from Italy, together comprising 37% of total exports. These countries were followed by Slovenia, Germany, Turkey, the United States, Taiwan (Chinese), Poland, Colombia, Chile, Egypt and Romania, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +70.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), South Africa ($X) and France ($X) were the largest markets for gummed paper exported from Italy worldwide, with a combined 39% share of total exports. Germany, Slovenia, Turkey, the United States, Colombia, Taiwan (Chinese), Chile, Poland, Romania and Egypt lagged somewhat behind, together comprising a further 40%.

Among the main countries of destination, Colombia, with a CAGR of +63.1%, 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 average gummed paper export price amounted to $X per ton, surging by 20% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Gummed Paper Imports

Imports into Italy

After three years of decline, overseas purchases of gummed paper and paperboard (excluding self-adhesives) increased by 41% to X tons in 2021. In general, imports, however, saw a mild decline. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, gummed paper imports skyrocketed to $X in 2021. Overall, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.6% 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, Germany (X tons) constituted the largest supplier of gummed paper to Italy, with a 52% share of total imports. Moreover, gummed paper imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by South Korea (X tons), with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+8.2% per year) and South Korea (+6.5% per year).

In value terms, Germany ($X) constituted the largest supplier of gummed paper and paperboard (excluding self-adhesives) to Italy, comprising 49% of total imports. The second position in the ranking was taken by Spain ($X), with an 8.8% share of total imports. It was followed by the United States, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+5.6% per year) and the United States (+34.9% per year).

Import Prices by Country

In 2021, the average gummed paper import price amounted to $X per ton, surging by 21% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gummed paper import price increased by +66.0% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :