Italy: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Italy

In 2022, the Italian paper and paperboard market decreased by -17.6% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw significant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper And Paperboard Production in Italy

In value terms, paper and paperboard production rose sharply to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 674%. Paper and paperboard production peaked in 2022 and is expected to retain growth in the near future.

Paper And Paperboard Exports

Exports from Italy

In 2022, shipments abroad of paper and paperboard (creped, crinkled, embossed or perforated) increased by 5.1% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, paper and paperboard exports soared to $X in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.5% against 2020 indices. The pace of growth was the most pronounced in 2018 when exports increased by 32% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X tons), Spain (X tons) and France (X tons) were the main destinations of paper and paperboard exports from Italy, with a combined 33% share of total exports. Slovenia, Germany, Croatia, the United States, Albania, Greece, Turkey, Switzerland, China and Portugal lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +51.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Spain ($X) and Germany ($X) were the largest markets for paper and paperboard exported from Italy worldwide, with a combined 35% share of total exports. France, Slovenia, the United States, Turkey, Portugal, Croatia, Greece, Switzerland, China and Albania lagged somewhat behind, together accounting for a further 33%.

Albania, with a CAGR of +41.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper and paperboard export price stood at $X per ton in 2022, growing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Italy

After two years of growth, overseas purchases of paper and paperboard (creped, crinkled, embossed or perforated) decreased by -13.4% to X tons in 2022. Over the period under review, imports, however, saw a mild expansion. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, paper and paperboard imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X tons), Switzerland (X tons) and China (X tons) were the main suppliers of paper and paperboard imports to Italy, together comprising 68% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +70.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Switzerland ($X) and China ($X) appeared to be the largest paper and paperboard suppliers to Italy, together accounting for 67% of total imports. Germany, the UK, Sweden, North Macedonia and the United States lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, North Macedonia, with a CAGR of +80.4%, saw the highest rates of growth with regard to 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

In 2022, the average paper and paperboard import price amounted to $X per ton, surging by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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