Ireland: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Ireland

In 2020, the Irish wrapping papers market increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to continue growth in the immediate term.

Wrapping Papers Production in Ireland

In value terms, wrapping papers production expanded to $X in 2020 estimated in export prices. In general, production enjoyed strong growth. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see gradual growth in years to come.

Wrapping Papers Exports

Exports from Ireland

Wrapping papers exports from Ireland declined rapidly to X tonnes in 2020, waning by -X% against 2019. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, wrapping papers exports fell dramatically to $X in 2020. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for wrapping papers exports from Ireland, with 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 wrapping papers exports from Ireland.

From 2007 to 2020, the average annual growth rate of value to the UK stood at -X%.

Export Prices by Country

The average wrapping papers export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, 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.

Wrapping Papers Imports

Imports into Ireland

In 2020, purchases abroad of wrapping paper, packaging paper and paperboard increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. Overall, imports, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wrapping papers imports fell slightly to $X in 2020. Over the period under review, imports, however, recorded a mild setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest wrapping papers supplier to Ireland, accounting for a X% share of total imports. Moreover, wrapping papers imports from the UK exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), tenfold. The third position in this ranking was occupied by Austria (X tonnes), with a X% share.

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

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

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

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 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 the Czech Republic ($X per tonne), while the price for Austria ($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 a decline.

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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The country with the largest volume of wrapping papers consumption was China (7.7M tonnes), 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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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. 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 Ireland?

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In value terms, the UK ($28M) constituted the largest supplier of wrapping papers to Ireland, comprising 67% of total imports. The second position in the ranking was occupied by Sweden ($2.5M), with a 6.1% share of total imports. It was followed by Finland, with a 3.1% share.

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

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In value terms, the UK ($2M) remains the key foreign market for wrapping papers exports from Ireland.

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

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In 2020, the average wrapping papers export price amounted to $655 per tonne, dropping by -33.7% against the previous year.

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

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The average wrapping papers import price stood at $1,197 per tonne in 2020, declining by -12% against the previous year.