United Kingdom: Wrapping Papers Market 2022

Wrapping Papers Market Size in the UK

The UK wrapping papers market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption saw a mild reduction. The pace of growth was the most pronounced in 2018 when the market value increased by X%. Wrapping papers consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in the UK

In value terms, wrapping papers production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. Wrapping papers production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wrapping Papers Exports

Exports from the UK

In 2021, wrapping papers exports from the UK rose notably to X tons, surging by X% against the previous year's figure. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wrapping papers exports reached $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Ireland (X tons) and Portugal (X tons) were the main destinations of wrapping papers exports from the UK, together comprising X% of total exports. These countries were followed by Germany, France, Italy, China, Belgium, the United States, Finland, Hong Kong SAR and Poland, which together accounted for 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 Finland (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 the UK were the Netherlands ($X), Ireland ($X) and Germany ($X), with a combined X% share of total exports. The United States, Portugal, Italy, France, China, Poland, Belgium, Finland and Hong Kong SAR lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to 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, reducing by -X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Ireland ($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 Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into the UK

In 2021, the amount of wrapping paper, packaging paper and paperboard imported into the UK fell modestly to X tons, therefore, remained relatively stable against the previous year. Over the period under review, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, wrapping papers imports rose sharply to $X in 2021. In general, imports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of wrapping papers imports to the UK, with a combined X% share of total imports. France, Finland, Russia, Italy, Spain, India, Ireland, the Czech Republic, Brazil and Poland lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and the Netherlands ($X) constituted the largest wrapping papers suppliers to the UK, with a combined X% share of total imports. France, Finland, Italy, the Czech Republic, Spain, India, Russia, Poland, Brazil and Ireland lagged somewhat behind, together comprising a further X terms of the main suppliers, Brazil, with a CAGR of +X%, saw 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, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is likely to see steady 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 Poland ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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