Europe: Corrugated Paper Market 2024

Corrugated Paper Market Size in Europe

In 2023, after two years of growth, there was significant decline in the Europe corrugated paper market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2022, and then shrank in the following year.

Corrugated Paper Production in Europe

In value terms, corrugated paper production contracted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then reduced in the following year.

Corrugated Paper Exports

Exports in Europe

In 2023, overseas shipments of corrugated paper and paperboard decreased by X% to X tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, corrugated paper exports reduced dramatically to $X in 2023. Total exports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2022, and then shrank significantly in the following year.

Exports by Country

Germany represented the major exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by the Czech Republic (X tons), Poland (X tons) and France (X tons), together committing a X% share of total exports. Denmark (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), the UK (X tons), Austria (X tons), Croatia (X tons), Russia (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to corrugated paper exports from Germany stood at X%. At the same time, Belgium (X%), Spain (X%), Romania (X%), the Netherlands (X%), Austria (X%), the UK (X%) and Russia (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. Croatia, Poland and the Czech Republic experienced a relatively flat trend pattern. By contrast, Denmark (X%) and France (X%) illustrated a downward trend over the same period. Germany (X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and France saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest corrugated paper supplier in Europe, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

In Germany, corrugated paper exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, which is down by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Corrugated Paper Imports

Imports in Europe

In 2023, purchases abroad of corrugated paper and paperboard decreased by X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, corrugated paper imports shrank markedly to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted markedly in the following year.

Imports by Country

In 2023, Poland (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), Austria (X tons), the Czech Republic (X tons), Hungary (X tons), Slovakia (X tons) and France (X tons) represented the major importers of corrugated paper and paperboard, together committing X% of total imports. Germany (X tons), Ireland (X tons), Lithuania (X tons), Bosnia and Herzegovina (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Austria ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, waning by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2022, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform