Paper and Paperboard Market Overview in Ireland
In value terms, paper and paperboard production dropped to $ in 2019 estimated in export prices. Overall, the total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2016 indices. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2018, and then dropped in the following year.
The revenue of the paper and paperboard market in Ireland stood at $ in 2019, almost unchanged from 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). Overall, consumption, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
From 2007 to 2018, the average annual growth rate of the volume of consumption of packaging materials was relatively modest. With regard to the other consumed products, the following average annual rates of growth were recorded: graphic papers (-% per year) and toilet or facial tissue stock, towel and similar paper (-% per year).
In value terms, the most traded types of paper and paperboard in Ireland were packaging materials ($), graphic papers ($) and toilet or facial tissue stock, towel and similar paper ($), together comprising % of the total market.
Among the main consumed products, packaging materials recorded the highest growth rate of market size, over the period under review, while paper and paperboard market for the other products experienced a decline.