Wrapping Paper Market - Italy Runs the Show in the Global Wrapping Paper Market

Other Paper Products October 29, 2015
Author: Alexander Romanenko
Chief Executive Officer

wrapping paper market

Italy continued its dominance in the global wrapping paper trade. In 2014, Italy exported 44.9 thousand tonnes of wrapping paper totaling 54.4 million USD, 4% over the previous year. Its primary trading partner was the U.S., where it supplied 20% of its total exports on the wrapping paper market in value terms, accounting for 96% of the U.S. total imports.

Overall, the global wrapping paper trade dropped to 139.8 million USD, with a CAGR of 1.3% from 2007 to 2014. In physical terms, it showed decline, falling from 122 thousand tonnes in 2007 to 110 thousand tonnes in 2014.

In 2014, Spain (9.3%), the U.S. (6.9%), Germany (6.8%), France (5.5%) and the United Kingdom (5.3%) were the leading destinations of wrapping paper imports, together making up 33.9% of global imports. The share of the U.S. increased (+4 percentage points), while the share of France illustrated negative dynamics (-2 percentage points).

Italy and the Netherlands were among the other main global suppliers of wrapping paper in 2014 with a combined share of 50.1% of global exports. However, the fastest growing exporters from 2007 to 2014 were Malaysia (+28.2% per year) and the Russian Federation (+19.6% per year). Italy significantly strengthened its position in the global export structure, from 23% in 2007 to 39% in 2014.

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Source: World: Wrapping Paper - Market Report. Analysis And Forecast To 2020