Turkey: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in Turkey

For the third consecutive year, the Turkish wrapping papers market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Wrapping papers consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Wrapping Papers Production in Turkey

In value terms, wrapping papers production declined to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production remained at a lower figure.

Wrapping Papers Exports

Exports from Turkey

In 2020, the amount of wrapping paper, packaging paper and paperboard exported from Turkey fell dramatically to X tonnes, reducing by -X% against the previous year. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, wrapping papers exports fell notably to $X in 2020. In general, exports showed 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 peak figure at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tonnes), Iran (X tonnes) and Portugal (X tonnes) were the main destinations of wrapping papers exports from Turkey, with a combined X% share of total exports. Georgia, Greece, Tunisia, Poland, Morocco, Bulgaria, the UK, Algeria, Libya and Egypt lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Libya (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Iraq ($X) and Egypt ($X) appeared to be the largest markets for wrapping papers exported from Turkey worldwide, with a combined X% share of total exports. Bulgaria, Greece, Algeria, Portugal, Georgia, the UK, Morocco, Poland, Libya and Tunisia lagged somewhat behind, together comprising a further X terms of the main countries of destination, Libya (+X% per year) recorded the highest growth rate of the value of exports, 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, dropping by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Egypt ($X per tonne), while the average price for exports to Tunisia ($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 Greece, while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Turkey

In 2020, supplies from abroad of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, wrapping papers imports fell notably to $X in 2020. Overall, total imports indicated a slight 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. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

Russia (X tonnes), Bulgaria (X tonnes) and Germany (X tonnes) were the main suppliers of wrapping papers imports to Turkey, with a combined X% share of total imports. These countries were followed by Sweden, the U.S., Austria, Italy, Finland, the Czech Republic, France, Bosnia and Herzegovina, Brazil and Canada, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bosnia and Herzegovina, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and Sweden ($X) were the largest wrapping papers suppliers to Turkey, with a combined X% share of total imports. These countries were followed by Italy, Bulgaria, Austria, Finland, the U.S., France, the Czech Republic, Bosnia and Herzegovina, Canada and Brazil, which together accounted for a further X and Herzegovina saw 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 tonne in 2020, picking up by 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 was the most pronounced in 2011 an increase of X% y-o-y. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, 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) constituted the country with the largest volume of wrapping papers consumption, accounting for 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, 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 Turkey?

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In value terms, the largest wrapping papers suppliers to Turkey were Germany ($17M), Russia ($15M) and Sweden ($15M), together accounting for 33% of total imports. Italy, Bulgaria, Austria, Finland, the U.S., France, the Czech Republic, Bosnia and Herzegovina, Canada and Brazil lagged somewhat behind, together comprising a further 50%.

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

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In value terms, Iran ($2.4M), Iraq ($2.1M) and Egypt ($555K) were the largest markets for wrapping papers exported from Turkey worldwide, together accounting for 43% of total exports. Bulgaria, Greece, Algeria, Portugal, Georgia, the UK, Morocco, Poland, Libya and Tunisia lagged somewhat behind, together accounting for a further 30%.

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

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The average wrapping papers export price stood at $1,025 per tonne in 2020, declining by -5.8% against the previous year.

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

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The average wrapping papers import price stood at $1,178 per tonne in 2020, rising by 16% against the previous year.