Spain: Wrapping Papers Market 2024

Wrapping Papers Market Size in Spain

In 2022, after two years of decline, there was significant growth in the Spanish wrapping papers market, when its value increased by X% to $X. In general, consumption continues to indicate significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wrapping Papers Production in Spain

In value terms, wrapping papers production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Wrapping Papers Exports

Exports from Spain

In 2022, after two years of growth, there was significant decline in overseas shipments of wrapping paper, packaging paper and paperboard, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, wrapping papers exports expanded rapidly to $X in 2022. Overall, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main destinations of wrapping papers exports from Spain, together accounting for X% of total exports. Portugal, Morocco, Algeria, Egypt, Saudi Arabia, Belgium, the UK, the Netherlands, the Dominican Republic and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Dominican Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Germany ($X) were the largest markets for wrapping papers exported from Spain worldwide, together comprising X% of total exports. Portugal, Morocco, Belgium, Saudi Arabia, Algeria, Egypt, the UK, the Netherlands, Mexico and the Dominican Republic lagged somewhat behind, together comprising a further X%.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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 2022, growing by X% against the previous year. Over the last decade, 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.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per ton) and France ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports

Imports into Spain

In 2022, approx. X tons of wrapping paper, packaging paper and paperboard were imported into Spain; jumping by X% on 2021 figures. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, wrapping papers imports soared to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), the Czech Republic (X tons) and Italy (X tons) were the main suppliers of wrapping papers imports to Spain, with a combined X% share of total imports. Austria, Sweden, Finland, Portugal, Germany, the Netherlands, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and the Czech Republic ($X) constituted the largest wrapping papers suppliers to Spain, together comprising X% of total imports. Austria, Finland, Sweden, Germany, Portugal, the Netherlands, Taiwan (Chinese) and China lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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