Russian Federation: Wrapping Papers Market 2024

Wrapping Papers Market Size in the Russian Federation

In 2022, the Russian wrapping papers market increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption, however, showed a perceptible descent. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Wrapping Papers Production in the Russian Federation

In value terms, wrapping papers production reduced to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Wrapping Papers Exports

Exports from the Russian Federation

After ten years of growth, overseas shipments of wrapping paper, packaging paper and paperboard decreased by X% to X tons in 2022. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, wrapping papers exports declined to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

China (X tons) was the main destination for wrapping papers exports from Russia, accounting for a X% share of total exports. Moreover, wrapping papers exports to China exceeded the volume sent to the second major destination, Turkey (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Germany (X% per year).

In value terms, China ($X) remains the key foreign market for wrapping paper, packaging paper and paperboard exports from Russia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Germany (X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

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

Wrapping Papers Imports

Imports into the Russian Federation

In 2022, overseas purchases of wrapping paper, packaging paper and paperboard decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wrapping papers imports fell rapidly to $X in 2022. In general, imports saw a slight contraction. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Sweden (X tons) and China (X tons) were the main suppliers of wrapping papers imports to Russia, together accounting for X% of total imports. Finland, the Czech Republic, Kazakhstan, Poland, Lithuania, Italy, Malaysia, Turkey and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X) constituted the largest supplier of wrapping paper, packaging paper and paperboard to Russia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the average wrapping papers import price amounted to $X per ton, with an increase of X% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price 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, wrapping papers import price increased by X% against 2020 indices. 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 Italy ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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