Ireland: Corrugated Paper Market Overview 2021

Corrugated Paper Market Size in Ireland

The Irish corrugated paper market skyrocketed to $X in 2020, growing by X% against the previous year. In general, consumption, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Corrugated paper consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Corrugated Paper Production in Ireland

In value terms, corrugated paper production fell slightly to $X in 2020 estimated in export prices. Over the period under review, production recorded a pronounced decrease. The growth pace was the most rapid in 2013 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2010; however, from 2011 to 2020, production failed to regain the momentum.

Corrugated Paper Exports

Exports from Ireland

After two years of growth, shipments abroad of corrugated paper and paperboard decreased by -X% to X tonnes in 2020. Over the period under review, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, corrugated paper exports contracted remarkably to $X in 2020. Overall, exports, however, saw a slight contraction. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X tonnes) was the main destination for corrugated paper exports from Ireland, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK amounted to +X%.

In value terms, the UK ($X) also remains the key foreign market for corrugated paper exports from Ireland.

From 2007 to 2020, the average annual growth rate of value to the UK totaled +X%.

Export Prices by Country

The average corrugated paper export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2020, the rate of growth in terms of prices for the UK amounted to -X% per year.

Corrugated Paper Imports

Imports into Ireland

Corrugated paper imports into Ireland soared to X tonnes in 2020, with an increase of X% against the previous year. Over the period under review, imports saw mild growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, corrugated paper imports soared to $X in 2020. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the UK (X tonnes) was the main supplier of corrugated paper to Ireland, accounting for a X% share of total imports. It was followed by France (X tonnes), with a X% share of total imports. The third position in this ranking was occupied by Sweden (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Sweden (+X% per year).

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

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

Import Prices by Country

The average corrugated paper import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for corrugated paper and paperboard in the world?

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The countries with the highest volumes of corrugated paper consumption in 2020 were China (7.4M tonnes), Italy (4.8M tonnes) and Japan (3.9M tonnes), together comprising 30% of global consumption.

What are the largest producers of corrugated paper and paperboard in the world?

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The countries with the highest volumes of corrugated paper production in 2020 were China (7.4M tonnes), Italy (4.9M tonnes) and the U.S. (4.2M tonnes), together comprising 31% of global production.

What are the leading suppliers of corrugated paper and paperboard to Ireland?

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In value terms, the UK ($17M) constituted the largest supplier of corrugated paper to Ireland, comprising 91% of total imports. The second position in the ranking was occupied by France ($494K), with a 2.6% share of total imports. It was followed by Austria, with a 2.4% share.

What are the leading importers of corrugated paper and paperboard from Ireland?

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In value terms, the UK ($1.4M) remains the key foreign market for corrugated paper exports from Ireland.

What is the average export price for corrugated paper and paperboard in Ireland?

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The average corrugated paper export price stood at $519 per tonne in 2020, declining by -11.9% against the previous year.

What is the average import price for corrugated paper and paperboard in Ireland?

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The average corrugated paper import price stood at $900 per tonne in 2020, reducing by -16.2% against the previous year.