U.S.: Wrapping Papers Market Overview 2021

Wrapping Papers Market Size in the U.S.

The U.S. wrapping papers market reached $X in 2020, surging by X% against the previous year. Overall, consumption recorded perceptible growth. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Wrapping papers consumption peaked at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Wrapping Papers Production in the U.S.

In value terms, wrapping papers production reduced modestly to $X in 2020. In general, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Wrapping papers production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Wrapping Papers Exports

Exports from the U.S.

In 2020, shipments abroad of wrapping paper, packaging paper and paperboard decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, wrapping papers exports fell to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes), Mexico (X tonnes) and China (X tonnes) were the main destinations of wrapping papers exports from the U.S., with a combined X% share of total exports. These countries were followed by Colombia, Thailand and India, which together accounted 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 Thailand, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wrapping papers exported from the U.S. were Canada ($X), Mexico ($X) and China ($X), together comprising X% of total exports. These countries were followed by Thailand, Colombia and India, which together accounted for a further X the main countries of destination, Thailand 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 tonne in 2020, declining by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2019, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Mexico ($X per tonne), while the average price for exports to Colombia ($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 Mexico, 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 U.S. was estimated at X tonnes in 2020, therefore, remained relatively stable against 2019. Over the period under review, imports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wrapping papers imports shrank modestly to $X in 2020. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest supplier of wrapping papers to the U.S., accounting for a X% share of total imports. Moreover, wrapping papers imports from Canada exceeded the figures recorded by the second-largest supplier, Finland (X tonnes), threefold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms 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 ($X) constituted the largest supplier of wrapping papers to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Finland ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Canada amounted to -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

The average wrapping papers import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2019, and then declined modestly in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, 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, 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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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. The third position in this ranking was occupied by Sweden (968K tonnes), with a 5% share.

What are the leading suppliers of wrapping paper, packaging paper and paperboard to the U.S.?

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In value terms, Canada ($270M) constituted the largest supplier of wrapping papers to the U.S., comprising 37% of total imports. The second position in the ranking was occupied by Finland ($97M), with a 13% share of total imports. It was followed by France, with a 12% share.

What are the leading importers of wrapping paper, packaging paper and paperboard from the U.S.?

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In value terms, Canada ($414M), Mexico ($351M) and China ($42M) were the largest markets for wrapping papers exported from the U.S. worldwide, with a combined 82% share of total exports. These countries were followed by Thailand, Colombia and India, which together accounted for a further 4.1%.

What is the average export price for wrapping paper, packaging paper and paperboard in the U.S.?

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The average wrapping papers export price stood at $1,014 per tonne in 2020, shrinking by -5.2% against the previous year.

What is the average import price for wrapping paper, packaging paper and paperboard in the U.S.?

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The average wrapping papers import price stood at $1,498 per tonne in 2020, falling by -4.5% against the previous year.