United Kingdom: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in the UK

The UK other papers packaging market declined to $X in 2022, reducing by -9.4% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Other papers packaging consumption peaked at $X in 2021, and then contracted in the following year.

Other Papers Packaging Production in the UK

In value terms, other papers packaging production declined slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Other Papers Packaging Exports

Exports from the UK

In 2022, approx. X tons of other papers packaging were exported from the UK; which is down by -7.7% against the previous year's figure. Overall, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2015 with an increase of 22% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, other papers packaging exports totaled $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), Turkey (X tons) and Ireland (X tons) were the main destinations of other papers packaging exports from the UK, together comprising 54% of total exports. France, Denmark, Sweden, Italy, Spain, Poland, India and Belgium lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +52.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Ireland ($X) and Germany ($X) constituted the largest markets for other papers packaging exported from the UK worldwide, with a combined 50% share of total exports. Italy, France, Denmark, Sweden, Spain, Poland, Belgium and India lagged somewhat behind, together comprising a further 35%.

In terms of the main countries of destination, Sweden, with a CAGR of +49.3%, recorded 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

In 2022, the average other papers packaging export price amounted to $X per ton, picking up by 14% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging export price increased by +94.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Denmark ($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 Belgium (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Other Papers Packaging Imports

Imports into the UK

After three years of growth, overseas purchases of other papers packaging decreased by -18.6% to X tons in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2015 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank rapidly in the following year.

In value terms, other papers packaging imports stood at $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of other papers packaging to the UK, with a 32% share of total imports. Moreover, other papers packaging imports from Germany exceeded the figures recorded by the second-largest supplier, Finland (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+15.7% per year) and the Netherlands (+2.9% per year).

In value terms, Germany ($X), Finland ($X) and Spain ($X) appeared to be the largest other papers packaging suppliers to the UK, with a combined 57% share of total imports. The Netherlands, Denmark, France, Italy and Turkey lagged somewhat behind, together comprising a further 33%.

Turkey, with a CAGR of +59.1%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average other papers packaging import price amounted to $X per ton, with an increase of 35% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Finland ($X per ton) and Turkey ($X per ton), while the price for Denmark ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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