Russian Federation: Wrapping Papers Market 2022

Wrapping Papers Market Size in the Russian Federation

The Russian wrapping papers market skyrocketed to $X in 2021, picking up by X% against the previous year. Overall, consumption, however, recorded a abrupt downturn. Wrapping papers consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Production in the Russian Federation

In value terms, wrapping papers production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Wrapping papers production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Wrapping Papers Exports

Exports from the Russian Federation

Wrapping papers exports from Russia declined to X tons in 2021, dropping by -X% compared with the year before. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, wrapping papers exports reached $X in 2021. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Turkey (X tons) and Germany (X tons) were the main destinations of wrapping papers exports from Russia, together comprising X% of total exports. China, Belarus, Egypt, the Czech Republic, Lithuania, Saudi Arabia, Romania, Ghana, the UK and Uzbekistan lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Uzbekistan (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Turkey ($X) and Belarus ($X) constituted the largest markets for wrapping papers exported from Russia worldwide, together comprising X% of total exports. China, Germany, Egypt, Saudi Arabia, Ghana, the Czech Republic, Lithuania, Romania, the UK and Uzbekistan lagged somewhat behind, together comprising a further X, 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, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were Ghana ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Uzbekistan ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into the Russian Federation

In 2021, overseas purchases of wrapping paper, packaging paper and paperboard decreased by -X% to X tons, falling for the third consecutive year after four years of growth. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wrapping papers imports stood at $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest wrapping papers supplier to Russia, accounting for a X% share of total imports. Moreover, wrapping papers imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (X tons), twofold. The third position in this ranking was taken by Belarus (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-X% per year) and Belarus (-X% per year).

In value terms, the largest wrapping papers suppliers to Russia were Sweden ($X), Finland ($X) and France ($X), together comprising X% of total imports. These countries were followed by the Netherlands, Germany, Belarus, Spain, the Czech Republic, Italy, China and Hungary, which together accounted for a further X Netherlands, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wrapping papers import price stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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