Turkey: Wrapping Papers Market 2022

Wrapping Papers Market Size in Turkey

In 2021, the Turkish wrapping papers market increased by X% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Wrapping papers consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Production in Turkey

In value terms, wrapping papers production amounted to $X in 2021 estimated in export price. In general, production saw a mild decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Wrapping papers production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Wrapping Papers Exports

Exports from Turkey

In 2021, the amount of wrapping paper, packaging paper and paperboard exported from Turkey surged to X tons, picking up by X% compared with the year before. Over the period under review, exports, however, saw a pronounced setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wrapping papers exports skyrocketed to $X in 2021. Overall, exports, however, saw a slight contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Iraq (X tons), Portugal (X tons) and Iran (X tons) were the main destinations of wrapping papers exports from Turkey, with a combined X% share of total exports. Georgia, Angola, Bulgaria, Morocco, Tunisia, Germany and Israel lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from Turkey were Iraq ($X), Iran ($X) and Portugal ($X), together comprising X% of total exports. These countries were followed by Georgia, Bulgaria, Germany, Angola, Israel, Morocco and Tunisia, which together accounted for a further X terms of the main countries of destination, Angola, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average wrapping papers export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Wrapping Papers Imports

Imports into Turkey

In 2021, supplies from abroad of wrapping paper, packaging paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a prominent expansion from 2012 to 2021: its volume 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. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a resilient 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. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of wrapping papers imports to Turkey, together comprising X% of total imports. These countries were followed by the United States, Bulgaria, Austria, Bosnia and Herzegovina, Canada, the Czech Republic, Italy, France and Slovakia, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers suppliers to Turkey were Germany ($X), Russia ($X) and Sweden ($X), with a combined X% share of total imports. These countries were followed by Austria, Bulgaria, the United States, Italy, France, Bosnia and Herzegovina, the Czech Republic, Canada and Slovakia, which together accounted for a further X the main suppliers, Slovakia, with a CAGR of +X%, recorded the highest growth rate of the value of imports, 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, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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