Luxembourg: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Luxembourg

The Luxembourg sack kraft paper market declined modestly to $X in 2022, which is down by -2% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Sack Kraft Paper Production in Luxembourg

In value terms, sack kraft paper production reduced slightly to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.5% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by 37% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Sack Kraft Paper Exports

Exports from Luxembourg

In 2022, the amount of sack kraft paper exported from Luxembourg soared to X kg, increasing by 917% compared with the year before. Overall, exports, however, saw a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 7,225%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sack kraft paper exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 730%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for sack kraft paper exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to France stood at -8.0%.

In value terms, France ($X) emerged as the key foreign market for sack kraft paper exports from Luxembourg.

From 2013 to 2022, the average annual growth rate of value to France amounted to -13.1%.

Export Prices by Country

The average sack kraft paper export price stood at $X per ton in 2022, with a decrease of -79.3% against the previous year. Overall, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 595%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +48.7% per year.

Sack Kraft Paper Imports

Imports into Luxembourg

In 2022, supplies from abroad of sack kraft paper decreased by -59.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 318%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell sharply in the following year.

In value terms, sack kraft paper imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 151% against the previous year. Imports peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of sack kraft paper to Luxembourg, with a 86% share of total imports. Moreover, sack kraft paper imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X kg), more than tenfold. The third position in this ranking was taken by Germany (X kg), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +73.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.4% per year) and Germany (-18.2% per year).

In value terms, Italy ($X) constituted the largest supplier of sack kraft paper to Luxembourg, comprising 81% of total imports. The second position in the ranking was held by Belgium ($X), with a 7.1% share of total imports. It was followed by Germany, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.5% per year) and Germany (-14.3% per year).

Import Prices by Country

The average sack kraft paper import price stood at $X per ton in 2022, growing by 48% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack kraft paper import price increased by +71.7% against 2020 indices. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform