Romania: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Romania

The Romanian wrapping papers market totaled $X in 2020, leveling off at the previous year. In general, consumption saw prominent growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Wrapping Papers Production in Romania

In value terms, wrapping papers production stood at $X in 2020 estimated in export prices. In general, production enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Wrapping papers production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Wrapping Papers Exports

Exports from Romania

After two years of growth, overseas shipments of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes in 2020. Overall, exports saw a pronounced setback. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, wrapping papers exports dropped markedly to $X in 2020. Over the period under review, exports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Hungary (X tonnes) was the main destination for wrapping papers exports from Romania, with a X% share of total exports. Moreover, wrapping papers exports to Hungary exceeded the volume sent to the second major destination, Moldova (X tonnes), fourfold. Poland (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 Hungary amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Poland (-X% per year).

In value terms, Hungary ($X) remains the key foreign market for wrapping papers exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Hungary stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Turkey (+X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Moldova ($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 Italy, while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Romania

After four years of growth, supplies from abroad of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes in 2020. Overall, total imports indicated a moderate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2019, and then fell in the following year.

In value terms, wrapping papers imports declined to $X in 2020. In general, total imports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2019, and then dropped in the following year.

Imports by Country

In 2020, Russia (X tonnes) constituted the largest supplier of wrapping papers to Romania, accounting for a X% share of total imports. Moreover, wrapping papers imports from Russia exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), threefold. Sweden (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 Russia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Sweden (+X% per year).

In value terms, Russia ($X), Austria ($X) and Germany ($X) were the largest wrapping papers suppliers to Romania, together accounting for X% of total imports. These countries were followed by Sweden, Italy, Poland, the Czech Republic and Estonia, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average wrapping papers import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

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 Germany, while the prices for the other major suppliers experienced more modest paces of growth.

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) remains the largest wrapping papers consuming country worldwide, 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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The country with the largest volume of wrapping papers production was China (7.1M tonnes), 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. Sweden (968K tonnes) ranked third in terms of total production with a 5% share.

What are the leading suppliers of wrapping paper, packaging paper and paperboard to Romania?

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In value terms, the largest wrapping papers suppliers to Romania were Russia ($12M), Austria ($6.3M) and Germany ($5.3M), together accounting for 46% of total imports. Sweden, Italy, Poland, the Czech Republic and Estonia lagged somewhat behind, together accounting for a further 33%.

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

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In value terms, Hungary ($5M) remains the key foreign market for wrapping papers exports from Romania, comprising 38% of total exports. The second position in the ranking was occupied by Italy ($1.3M), with a 9.8% share of total exports. It was followed by Turkey, with a 9% share.

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

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The average wrapping papers export price stood at $1,024 per tonne in 2020, waning by -5.9% against the previous year.

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

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In 2020, the average wrapping papers import price amounted to $1,047 per tonne, waning by -6.5% against the previous year.