Portugal: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Portugal

In 2020, the Portuguese wrapping papers market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a noticeable downturn. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Wrapping papers consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Wrapping Papers Production in Portugal

In value terms, wrapping papers production reached $X in 2020 estimated in export prices. Overall, production faced a sharp decrease. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Wrapping Papers Exports

Exports from Portugal

In 2020, overseas shipments of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, wrapping papers exports fell to $X in 2020. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X tonnes) was the main destination for wrapping papers exports from Portugal, with a X% share of total exports. Moreover, wrapping papers exports to Spain exceeded the volume sent to the second major destination, France (X tonnes), twofold. Morocco (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Morocco (+X% per year).

In value terms, Spain ($X), France ($X) and Morocco ($X) were the largest markets for wrapping papers exported from Portugal worldwide, together comprising X% of total exports. These countries were followed by Finland and Angola, which together accounted for a further X (+X% per year) 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

In 2020, the average wrapping papers export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Morocco ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Portugal

In 2020, overseas purchases of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the second year in a row after four years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

In value terms, wrapping papers imports shrank to $X in 2020. In general, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2020, the growth imports failed to regain the momentum.

Imports by Country

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

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

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

From 2007 to 2020, the average annual rate of growth in terms of value from Spain stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, remaining constant against the previous year. In general, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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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China (7.7M tonnes) constituted the country with the largest volume of wrapping papers consumption, 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. The third position in this ranking was occupied by Italy (721K tonnes), 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, 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 Portugal?

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In value terms, Spain ($26M) constituted the largest supplier of wrapping papers to Portugal, comprising 37% of total imports. The second position in the ranking was occupied by the Czech Republic ($8.4M), with a 12% share of total imports. It was followed by the UK, with a 8.9% share.

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

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In value terms, Spain ($8.7M), France ($4.5M) and Morocco ($699K) appeared to be the largest markets for wrapping papers exported from Portugal worldwide, together comprising 86% of total exports. These countries were followed by Finland and Angola, which together accounted for a further 4.3%.

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

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In 2020, the average wrapping papers export price amounted to $1,400 per tonne, surging by 3.4% against the previous year.

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

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The average wrapping papers import price stood at $1,020 per tonne in 2020, therefore, remained relatively stable against the previous year.