India - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights

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Wrapping Papers Price in India - 2023

Contents:

  1. Wrapping Papers Price in India (FOB) - 2023
  2. Wrapping Papers Price in India (CIF) - 2023
  3. Wrapping Papers Exports in India
  4. Wrapping Papers Imports in India

Wrapping Papers Price in India (FOB) - 2023

In July 2023, the average wrapping papers export price amounted to $998 per ton, surging by 1.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 10% month-to-month. As a result, the export price attained the peak level of $1,169 per ton. From September 2022 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($2,122 per ton), while the average price for exports to China ($399 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Price in India (CIF) - 2023

In July 2023, the average wrapping papers import price amounted to $1,089 per ton, rising by 5.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $1,269 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1,563 per ton), while the price for the United States ($525 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Wrapping Papers Exports in India

In 2022, overseas shipments of wrapping paper, packaging paper and paperboard decreased by -24.1% to 217K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -38.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 82% against the previous year. As a result, the exports attained the peak of 351K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wrapping papers exports stood at $223M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wrapping Papers in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates14.615.437.852.653.3%
United Kingdom9.08.111.721.333.3%
Saudi Arabia2.91.79.112.663.2%
Italy2.03.35.412.383.2%
Sri Lanka8.78.916.011.49.4%
Turkey1.94.810.99.369.8%
United States5.65.35.98.213.6%
Germany1.41.03.86.365.1%
South Africa1.81.42.76.251.0%
Nepal5.13.96.86.26.7%
Kuwait0.20.42.54.8188.4%
Nigeria1.12.314.04.661.1%
Ethiopia3.02.44.53.44.3%
Others67.111190.064.0-1.6%
Total12417022122321.6%

Top Export Markets for Wrapping Papers from India in 2022:

  1. United Arab Emirates (56.3K tons)
  2. United Kingdom (19.1K tons)
  3. Saudi Arabia (14.9K tons)
  4. Sri Lanka (11.7K tons)
  5. Italy (10.9K tons)
  6. Turkey (7.9K tons)
  7. Nepal (7.5K tons)
  8. United States (5.7K tons)
  9. Germany (5.4K tons)
  10. South Africa (5.2K tons)
  11. Nigeria (4.7K tons)
  12. Kuwait (4.5K tons)
  13. Ethiopia (3.8K tons)

Wrapping Papers Imports in India

In 2022, imports of wrapping paper, packaging paper and paperboard into India was estimated at 242K tons, growing by 12% on 2021. The total import volume increased at an average annual rate of +6.7% from 2019 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 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wrapping papers imports skyrocketed to $286M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wrapping Papers in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)27.917.829.935.68.5%
Thailand6.27.217.833.775.8%
United States29.923.225.131.31.5%
China17.517.017.531.021.0%
Japan14.711.26.422.415.1%
Sweden22.820.226.020.7-3.2%
Germany5.09.114.015.345.2%
Slovenia0.94.47.913.8148.4%
Spain9.58.27.112.28.7%
Indonesia1.91.54.59.671.6%
France4.13.55.97.924.4%
NepalN/A0.11.15.3628.0%
Belgium1.93.34.03.724.9%
Others48.733.843.243.1-4.0%
Total19116121028614.4%

Top Suppliers of Wrapping Papers to India in 2022:

  1. United States (45.7K tons)
  2. Taiwan (Chinese) (23.1K tons)
  3. Thailand (21.7K tons)
  4. China (21.3K tons)
  5. Japan (17.9K tons)
  6. Sweden (16.2K tons)
  7. Germany (11.1K tons)
  8. Slovenia (10.0K tons)
  9. Nepal (9.7K tons)
  10. Spain (9.0K tons)
  11. Indonesia (7.7K tons)
  12. Belgium (5.2K tons)
  13. France (5.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wrapping papers market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1621 - Wrapping papers

Country coverage:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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