Sulphite Wrapping Paper Market

The article provides a detailed analysis of the global sulphite wrapping paper market from 2012 to 2022, with a focus on consumption, production, imports, and exports trends. Key points include the forecasted growth of the market with an anticipated CAGR of +0.5% in volume and +3.4% in value from 2022 to 2030. The highest volumes of consumption and production are recorded in China, the United States, and India, while Turkey shows the highest rates of growth in market size. Import and export trends are also highlighted, with Italy and Germany representing key exporters in the world market. Prices vary by country, with Poland having the highest export price and the UK having the highest import price in 2022.

Market Forecast

Driven by rising demand for sulphite wrapping paper worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.5% for the period from 2022 to 2030, which is projected to bring the market volume to 1.4M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market value to $4.6B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Sulphite Wrapping Paper

In 2022, consumption of sulphite wrapping paper was finally on the rise to reach 1.3M tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt setback. As a result, consumption reached the peak volume of 3.7M tons. From 2015 to 2022, the growth of the global consumption failed to regain momentum.

The global sulphite wrapping paper market revenue was estimated at $3.5B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a abrupt curtailment. As a result, consumption reached the peak level of $8B. From 2014 to 2022, the growth of the global market remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (391K tons), the United States (221K tons) and India (156K tons), with a combined 57% share of global consumption. Turkey, Germany, Japan, Russia, Indonesia, Brazil, Bangladesh and France lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of -1.0%), while consumption for the other global leaders experienced a decline in the consumption figures.

In value terms, Turkey ($970M), China ($774M) and the United States ($369M) constituted the countries with the highest levels of market value in 2022, together accounting for 60% of the global market.

In terms of the main consuming countries, Turkey, with a CAGR of +8.0%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced a decline in the market figures.

The countries with the highest levels of sulphite wrapping paper per capita consumption in 2022 were Turkey (884 kg per 1000 persons), the United States (660 kg per 1000 persons) and Germany (593 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Turkey (with a CAGR of -2.3%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.

Production

World Production of Sulphite Wrapping Paper

In 2022, production of sulphite wrapping paper was finally on the rise to reach 1.4M tons after seven years of decline. Overall, production, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by 6.8% against the previous year. As a result, production reached the peak volume of 3.7M tons. From 2015 to 2022, global production growth remained at a lower figure.

In value terms, sulphite wrapping paper production reached $3.7B in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when the production volume increased by 0.9% against the previous year. Global production peaked at $8.1B in 2013; however, from 2014 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (393K tons), the United States (220K tons) and India (157K tons), with a combined 57% share of global production. Turkey, Germany, Japan, Italy, Russia, Brazil, Indonesia and Bangladesh lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of -0.9%), while production for the other global leaders experienced a decline in the production figures.

Imports

World Imports of Sulphite Wrapping Paper

In 2022, approx. 88K tons of sulphite wrapping paper were imported worldwide; dropping by -2.6% compared with 2021. In general, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of 3.4% against the previous year. Global imports peaked at 130K tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sulphite wrapping paper imports rose sharply to $144M in 2022. Overall, imports saw a mild setback. The pace of growth was the most pronounced in 2018 with an increase of 11%. As a result, imports attained the peak of $175M. From 2019 to 2022, the growth of global imports remained at a lower figure.

Imports By Country

Poland (7.5K tons), Germany (6.8K tons), France (6K tons), Greece (6K tons), Iran (5.1K tons), the UK (4.5K tons), the Czech Republic (4.4K tons), Italy (4.1K tons), Spain (4K tons), Turkey (3.9K tons), Mexico (3.3K tons) and Portugal (2.7K tons) represented roughly 66% of total imports in 2022. Belgium (2.6K tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of +38.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest sulphite wrapping paper importing markets worldwide were Poland ($11M), the UK ($11M) and France ($9.3M), together comprising 22% of global imports. Germany, Greece, Iran, Italy, Spain, the Czech Republic, Turkey, Mexico, Portugal and Belgium lagged somewhat behind, together comprising a further 44%.

In terms of the main importing countries, Iran, with a CAGR of +42.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average sulphite wrapping paper import price stood at $1,629 per ton in 2022, increasing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($2,467 per ton), while Mexico ($1,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Sulphite Wrapping Paper

In 2022, global sulphite wrapping paper exports shrank to 92K tons, falling by -8.4% compared with the previous year's figure. In general, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 8.8% against the previous year. As a result, the exports attained the peak of 126K tons. From 2018 to 2022, the growth of the global exports remained at a lower figure.

In value terms, sulphite wrapping paper exports expanded remarkably to $143M in 2022. Over the period under review, exports recorded a noticeable decline. The growth pace was the most rapid in 2017 when exports increased by 12%. Over the period under review, the global exports reached the peak figure at $176M in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

In 2022, Italy (31K tons) and Germany (28K tons) represented the key exporters of sulphite wrapping paperin the world, together committing 64% of total exports. The Netherlands (8.4K tons) ranks next in terms of the total exports with a 9.1% share, followed by the Czech Republic (5.7%). The following exporters - Malaysia (2.9K tons), Poland (2.2K tons), the United States (1.7K tons) and China (1.5K tons) - together made up 9% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Malaysia (with a CAGR of +10.0%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest sulphite wrapping paper supplying countries worldwide were Italy ($48M), Germany ($42M) and the Czech Republic ($10M), with a combined 70% share of global exports. The Netherlands, Poland, China, the United States and Malaysia lagged somewhat behind, together comprising a further 15%.

Poland, with a CAGR of +8.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices By Country

In 2022, the average sulphite wrapping paper export price amounted to $1,551 per ton, increasing by 16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,982 per ton), while Malaysia ($685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform