U.S.: Wrapping Papers Market 2022

Wrapping Papers Market Size in the U.S.

The U.S. wrapping papers market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, recorded a noticeable downturn. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Wrapping Papers Production in the U.S.

In value terms, wrapping papers production soared to $X in 2021. Over the period under review, production, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Wrapping papers production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Wrapping Papers Exports

Exports from the U.S.

In 2021, overseas shipments of wrapping paper, packaging paper and paperboard were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The exports peaked at X tons in 2014; afterwards, it flattened through to 2021.

In value terms, wrapping papers exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons), Canada (X tons) and China (X tons) were the main destinations of wrapping papers exports from the United States, together comprising X% of total exports. Colombia, India, Guatemala and Thailand 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 Thailand (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Canada ($X) and China ($X) were the largest markets for wrapping papers exported from the United States worldwide, together comprising X% of total exports. These countries were followed by Colombia, Guatemala, Thailand and India, which together accounted for a further X the main countries of destination, Thailand, with a CAGR of +X%, recorded 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 period from 2012 to 2021, 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 by the country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Colombia ($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 China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into the U.S.

Wrapping papers imports into the United States rose significantly to X tons in 2021, picking up by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports soared to $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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest wrapping papers supplier to the United States, with a X% share of total imports. Moreover, wrapping papers imports from Canada exceeded the figures recorded by the second-largest supplier, Finland (X tons), threefold. The third position in this ranking was occupied by Mexico (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+X% per year) and Mexico (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of wrapping papers to the United States, comprising X% of total imports. The second position in the ranking was occupied by Finland ($X), with a X% share of total imports. It was followed by France, with an X% share.

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

Import Prices by Country

In 2021, the average wrapping papers import price amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform