Finland: Wrapping Papers Market 2022

Wrapping Papers Market Size in Finland

The Finnish wrapping papers market expanded rapidly to $X in 2021, picking up by X% against the previous year. Overall, consumption, however, recorded modest growth. Wrapping papers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in Finland

In value terms, wrapping papers production soared to $X in 2021 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Wrapping papers production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Wrapping Papers Exports

Exports from Finland

In 2021, approx. X tons of wrapping paper, packaging paper and paperboard were exported from Finland; picking up by X% against 2020. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, wrapping papers exports surged to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and Belgium (X tons) were the main destinations of wrapping papers exports from Finland, together accounting for X% of total exports. The UK, Spain, Sweden, Italy, India, Kenya, Turkey, Poland, South Africa and Mexico lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Finland were Germany ($X), the United States ($X) and Belgium ($X), together comprising X% of total exports. These countries were followed by the UK, Spain, Sweden, Italy, Turkey, Kenya, Poland, India, South Africa and Mexico, which together accounted for a further X the main countries of destination, Kenya, 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 wrapping papers export price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Finland

In 2021, imports of wrapping paper, packaging paper and paperboard into Finland soared to X tons, picking up by X% compared with the previous year's figure. Overall, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, wrapping papers imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest wrapping papers supplier to Finland, with a X% share of total imports. Moreover, wrapping papers imports from Sweden exceeded the figures recorded by the second-largest supplier, Austria (X tons), sevenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and the UK (+X% per year).

In value terms, Sweden ($X) constituted the largest supplier of wrapping papers to Finland, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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