Greece: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Greece

The Greek wrapping papers market dropped to $X in 2020, waning by -X% against the previous year. Overall, consumption recorded a deep setback. The growth pace was the most rapid in 2010 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2011 to 2020, the growth of the market remained at a lower figure.

Wrapping Papers Production in Greece

In value terms, wrapping papers production fell to $X in 2020 estimated in export prices. In general, production faced a drastic downturn. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2011 to 2020, production growth failed to regain the momentum.

Wrapping Papers Exports

Exports from Greece

In 2020, overseas shipments of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, wrapping papers exports contracted to $X in 2020. Overall, exports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a lower figure.

Exports by Country

Albania (X tonnes), Bulgaria (X tonnes) and North Macedonia (X tonnes) were the main destinations of wrapping papers exports from Greece, together comprising X% of total exports. These countries were followed by Cyprus, Germany, Israel and Egypt, which together accounted for a further X 2007 to 2020, the biggest increases were in Israel, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Albania ($X), Bulgaria ($X) and North Macedonia ($X) appeared to be the largest markets for wrapping papers exported from Greece worldwide, with a combined X% share of total exports. These countries were followed by Cyprus, Germany, Israel and Egypt, which together accounted for a further X 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, almost unchanged from the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cyprus ($X per tonne), while the average price for exports to Egypt ($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 Germany, while the prices for the other major destinations experienced a decline.

Wrapping Papers Imports

Imports into Greece

Wrapping papers imports into Greece reduced to X tonnes in 2020, which is down by -X% on the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, wrapping papers imports declined to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Italy (X tonnes) constituted the largest wrapping papers supplier to Greece, accounting for a X% share of total imports. Moreover, wrapping papers imports from Italy exceeded the figures recorded by the second-largest supplier, Switzerland (X tonnes), threefold. Austria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Austria (-X% per year).

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

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

Import Prices by Country

The average wrapping papers import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, 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) 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. Italy (721K tonnes) ranked third in terms of total consumption with a 3.6% share.

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

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The country with the largest volume of wrapping papers production was China (7.1M tonnes), comprising approx. 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. The third position in this ranking was occupied by Sweden (968K tonnes), with a 5% share.

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

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In value terms, Italy ($17M) constituted the largest supplier of wrapping papers to Greece, comprising 32% of total imports. The second position in the ranking was occupied by Switzerland ($7.2M), with a 13% share of total imports. It was followed by France, with a 8.8% share.

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

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In value terms, the largest markets for wrapping papers exported from Greece were Albania ($2.8M), Bulgaria ($2.2M) and North Macedonia ($1.9M), together comprising 61% of total exports. Cyprus, Germany, Israel and Egypt lagged somewhat behind, together accounting for a further 24%.

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

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In 2020, the average wrapping papers export price amounted to $1,012 per tonne, stabilizing at the previous year.

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

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In 2020, the average wrapping papers import price amounted to $1,158 per tonne, falling by -9.5% against the previous year.