Scandinavia: Wrapping Papers Market 2024

Wrapping Papers Market Size in Scandinavia

The Scandinavia wrapping papers market rose significantly to $X in 2021, growing by 5.9% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Production in Scandinavia

In value terms, wrapping papers production skyrocketed to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 22%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wrapping Papers Exports

Exports in Scandinavia

In 2021, shipments abroad of wrapping paper, packaging paper and paperboard increased by 8% to X tons, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 11%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, wrapping papers exports skyrocketed to $X in 2021. In general, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden was the key exporter of wrapping paper, packaging paper and paperboard in Scandinavia, with the volume of exports accounting for X tons, which was near 63% of total exports in 2021. It was distantly followed by Finland (X tons), creating a 31% share of total exports. The following exporters - Denmark (X tons) and Norway (X tons) - each amounted to a 5.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +4.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X), together accounting for 98% of total exports. These countries were followed by Denmark, which accounted for a further 2.3%.

Among the main exporting countries, Denmark, with a CAGR of +8.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, rising by 10% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 12%. The level of export 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 Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+3.8%), while the other leaders experienced a decline in the export price figures.

Wrapping Papers Imports

Imports in Scandinavia

In 2021, the amount of wrapping paper, packaging paper and paperboard imported in Scandinavia rose markedly to X tons, picking up by 12% on 2020. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports surged to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X tons) and Sweden (X tons) were the main importers of wrapping paper, packaging paper and paperboard in Scandinavia, together recording near 73% of total imports. Finland (X tons) held the next position in the ranking, distantly followed by Norway (X tons). All these countries together held approx. 27% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of +4.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of imports in 2021, together accounting for 86% of total imports. Norway lagged somewhat behind, comprising a further 13%.

In terms of the main importing countries, Norway, with a CAGR of +3.2%, recorded 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 2021, the import price in Scandinavia amounted to $X per ton, growing by 9.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform