Canada: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Canada

The Canadian wrapping papers market surged to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption showed a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Wrapping papers consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Wrapping Papers Production in Canada

In value terms, wrapping papers production contracted slightly to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2012 to 2020, production growth remained at a somewhat lower figure.

Wrapping Papers Exports

Exports from Canada

In 2020, shipments abroad of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. In general, exports showed a slight curtailment. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2009 to 2020, the growth exports remained at a lower figure.

In value terms, wrapping papers exports shrank to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes), China (X tonnes) and Mexico (X tonnes) were the main destinations of wrapping papers exports from Canada, with a combined X% share of total exports. Malaysia, Guatemala, Cuba and Saudi Arabia lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Cuba (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for wrapping papers exports from Canada, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Mexico (+X% per year).

Export Prices by Country

In 2020, the average wrapping papers export price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Canada

In 2020, overseas purchases of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated notable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, wrapping papers imports fell to $X in 2020. In general, total imports indicated measured growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then contracted in the following year.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest supplier of wrapping papers to Canada, with a X% share of total imports. Moreover, wrapping papers imports from the U.S. exceeded the figures recorded by the second-largest supplier, France (X tonnes), sixfold. Sweden (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Sweden (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of wrapping papers to Canada, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wrapping paper, packaging paper and paperboard in the world?

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China (7.7M tonnes) remains the largest wrapping papers consuming country worldwide, comprising approx. 38% of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2M tonnes), fourfold. The third position in this ranking was occupied by Italy (721K tonnes), with a 3.6% share.

What are the largest producers of wrapping paper, packaging paper and paperboard in the world?

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China (7.1M tonnes) remains the largest wrapping papers producing country worldwide, accounting for 36% of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.5M tonnes), threefold. Sweden (968K tonnes) ranked third in terms of total production with a 5% share.

What are the leading suppliers of wrapping paper, packaging paper and paperboard to Canada?

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In value terms, the U.S. ($381M) constituted the largest supplier of wrapping papers to Canada, comprising 85% of total imports. The second position in the ranking was occupied by France ($24M), with a 5.4% share of total imports. It was followed by China, with a 2.7% share.

What are the leading importers of wrapping paper, packaging paper and paperboard from Canada?

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In value terms, the U.S. ($284M) remains the key foreign market for wrapping papers exports from Canada, comprising 70% of total exports. The second position in the ranking was occupied by China ($48M), with a 12% share of total exports. It was followed by Mexico, with a 5.8% share.

What is the average export price for wrapping paper, packaging paper and paperboard in Canada?

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In 2020, the average wrapping papers export price amounted to $1,380 per tonne, growing by 18% against the previous year.

What is the average import price for wrapping paper, packaging paper and paperboard in Canada?

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The average wrapping papers import price stood at $1,138 per tonne in 2020, rising by 1.6% against the previous year.