Finland: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Finland

The Finnish wrapping papers market skyrocketed to $X in 2020, surging by X% against the previous year. Over the period under review, consumption showed a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in the near future.

Wrapping Papers Production in Finland

In value terms, wrapping papers production contracted modestly to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Wrapping Papers Exports

Exports from Finland

After three years of growth, overseas shipments of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes in 2020. In general, exports saw a pronounced shrinkage. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2011 to 2020, the growth exports failed to regain the momentum.

In value terms, wrapping papers exports fell rapidly to $X in 2020. Over the period under review, exports saw a mild contraction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), the U.S. (X tonnes) and Belgium (X tonnes) were the main destinations of wrapping papers exports from Finland, with a combined X% share of total exports. These countries were followed by the UK, Sweden, Poland, Italy, Kenya, Spain, South Africa, China, Austria and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and Belgium ($X) constituted the largest markets for wrapping papers exported from Finland worldwide, with a combined X% share of total exports. The UK, Poland, Sweden, Italy, Spain, Kenya, South Africa, China, Turkey and Austria lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average wrapping papers export price amounted to $X per tonne, jumping by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per tonne), while the average price for exports to South Africa ($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 Poland, while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Finland

In 2020, imports of wrapping paper, packaging paper and paperboard into Finland declined to X tonnes, with a decrease of -X% compared with 2019. In general, imports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, wrapping papers imports rose remarkably to $X in 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Sweden (X tonnes) 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, the UK (X tonnes), sevenfold. The Czech Republic (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 Sweden amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and the Czech Republic (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

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) constituted the country with the largest volume of wrapping papers consumption, accounting for 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 Finland?

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In value terms, Sweden ($19M) constituted the largest supplier of wrapping papers to Finland, comprising 52% of total imports. The second position in the ranking was occupied by Germany ($2.5M), with a 6.9% share of total imports. It was followed by the Czech Republic, with a 6.7% share.

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

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In value terms, the largest markets for wrapping papers exported from Finland were Germany ($121M), the U.S. ($98M) and Belgium ($51M), together accounting for 52% of total exports. The UK, Poland, Sweden, Italy, Spain, Kenya, South Africa, China, Turkey and Austria lagged somewhat behind, together accounting for a further 32%.

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

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The average wrapping papers export price stood at $1,436 per tonne in 2020, surging by 16% against the previous year.

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

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In 2020, the average wrapping papers import price amounted to $1,526 per tonne, picking up by 19% against the previous year.