Spain: Sulphite Wrapping Paper Market 2024

Sulphite Wrapping Paper Market Size in Spain

In 2022, the Spanish sulphite wrapping paper market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sulphite Wrapping Paper Production in Spain

In value terms, sulphite wrapping paper production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Sulphite Wrapping Paper Exports

Exports from Spain

In 2022, after four years of growth, there was significant decline in shipments abroad of sulphite wrapping paper, when their volume decreased by X% to X tons. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted dramatically in the following year.

In value terms, sulphite wrapping paper exports contracted remarkably to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Algeria (X tons) was the main destination for sulphite wrapping paper exports from Spain, with a X% share of total exports. Moreover, sulphite wrapping paper exports to Algeria exceeded the volume sent to the second major destination, Morocco (X tons), fourfold. Turkey (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Turkey (X% per year).

In value terms, the largest markets for sulphite wrapping paper exported from Spain were Morocco ($X), France ($X) and Algeria ($X), together accounting for X% of total exports. Turkey, Greece, Cuba, Portugal, Poland, the United States and India lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Greece, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average sulphite wrapping paper export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

Sulphite Wrapping Paper Imports

Imports into Spain

In 2022, supplies from abroad of sulphite wrapping paper increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a deep downturn. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sulphite wrapping paper imports soared to $X in 2022. In general, imports, however, showed a noticeable contraction. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest sulphite wrapping paper supplier to Spain, accounting for a X% share of total imports. Moreover, sulphite wrapping paper imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold. France (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Italy ($X) constituted the largest supplier of sulphite wrapping paper to Spain, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

Import Prices by Country

The average sulphite wrapping paper import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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