Ireland: Corrugated Paper Market 2024

Corrugated Paper Market Size in Ireland

In 2022, the Irish corrugated paper market decreased by X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Corrugated Paper Production in Ireland

In value terms, corrugated paper production fell slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Corrugated Paper Exports

Exports from Ireland

In 2022, shipments abroad of corrugated paper and paperboard increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, corrugated paper exports surged to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for corrugated paper exports from Ireland, with a X% share of total exports. Moreover, corrugated paper exports to the Netherlands exceeded the volume sent to the second major destination, the UK (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to X%.

In value terms, the Netherlands ($X) and the UK ($X) appeared to be the largest markets for corrugated paper exported from Ireland worldwide.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average corrugated paper export price amounted to $X per ton, dropping by X% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%).

Corrugated Paper Imports

Imports into Ireland

In 2022, after three years of growth, there was significant decline in purchases abroad of corrugated paper and paperboard, when their volume decreased by X% to X tons. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, corrugated paper imports expanded slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of corrugated paper to Ireland, accounting for a X% share of total imports. Moreover, corrugated paper imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).

In value terms, the UK ($X) constituted the largest supplier of corrugated paper and paperboard to Ireland, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).

Import Prices by Country

The average corrugated paper import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, corrugated paper import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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