Greece: Wrapping Papers Market 2022

Wrapping Papers Market Size in Greece

The Greek wrapping papers market stood at $X in 2021, with an increase of X% against the previous year. In general, consumption recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Wrapping papers consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in Greece

In value terms, wrapping papers production amounted to $X in 2021 estimated in export price. In general, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Wrapping Papers Exports

Exports from Greece

In 2021, overseas shipments of wrapping paper, packaging paper and paperboard were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, wrapping papers exports surged to $X in 2021. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Albania (X tons), North Macedonia (X tons) and Bulgaria (X tons) were the main destinations of wrapping papers exports from Greece, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Albania (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Albania ($X), North Macedonia ($X) and Bulgaria ($X) were the largest markets for wrapping papers exported from Greece worldwide, together accounting for X% of total exports.

Albania, with a CAGR of +X%, recorded the highest growth rate of 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

The average wrapping papers export price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Cyprus ($X per ton), while the average price for exports to Egypt ($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 Cyprus (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Greece

In 2021, approx. X tons of wrapping paper, packaging paper and paperboard were imported into Greece; leveling off at 2020 figures. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, wrapping papers imports expanded modestly to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) 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 tons), threefold. Bulgaria (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Bulgaria (-X% per year).

In value terms, Italy ($X), Switzerland ($X) and France ($X) constituted the largest wrapping papers suppliers to Greece, with a combined X% share of total imports.

Switzerland, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

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

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

Source: IndexBox Market Intelligence Platform

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