Italy: Wrapping Papers Market 2024

Wrapping Papers Market Size in Italy

In 2021, after two years of decline, there was significant growth in the Italian wrapping papers market, when its value increased by 12% to $X. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the immediate term.

Wrapping Papers Production in Italy

In value terms, wrapping papers production rose 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 14% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Wrapping Papers Exports

Exports from Italy

In 2021, after four years of decline, there was significant growth in shipments abroad of wrapping paper, packaging paper and paperboard, when their volume increased by 7.4% to X tons. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, wrapping papers exports soared to $X in 2021. Over the period under review, exports, however, recorded a slight decrease. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Germany (X tons) and Spain (X tons) were the main destinations of wrapping papers exports from Italy, with a combined 46% share of total exports. Poland, Luxembourg, the Netherlands, Turkey, Austria, Greece, Slovenia, the United States, Egypt and the UK lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +14.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Italy were France ($X), Spain ($X) and Germany ($X), with a combined 43% share of total exports. Poland, Luxembourg, the United States, Turkey, the Netherlands, Greece, Austria, the UK, Slovenia and Egypt lagged somewhat behind, together comprising a further 33%.

The Netherlands, with a CAGR of +11.8%, saw 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 wrapping papers export price stood at $X per ton in 2021, with an increase of 10% against the previous year. Overall, the export price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Slovenia ($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 the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Italy

In 2021, overseas purchases of wrapping paper, packaging paper and paperboard were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 8.6%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wrapping papers imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of wrapping papers imports to Italy, together comprising 42% of total imports. These countries were followed by Austria, Russia, France, Spain, the United States, Poland, Finland, Bosnia and Herzegovina, Estonia and Switzerland, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +12.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest wrapping papers suppliers to Italy, with a combined 42% share of total imports. These countries were followed by France, Austria, Spain, Russia, Switzerland, Finland, Poland, the United States, Bosnia and Herzegovina and Estonia, which together accounted for a further 46%.

Russia, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, rising by 15% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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