Paper and Paperboard Market Overview in the United Kingdom
In value terms, paper and paperboard production amounted to $ in 2019 estimated in export prices. In general, the total production indicated a measured expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of % year-to-year. Over the period under review, production reached the peak level at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The revenue of the paper and paperboard market in the UK declined to $ in 2019, shrinking by -% against 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 continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2010 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
From 2007 to 2018, the biggest increases were in tissue paper, while paper and paperboard consumption for the other products experienced mixed trend patterns.
In value terms, packaging materials ($), graphic papers ($) and toilet or facial tissue stock, towel and similar paper ($) constituted the products with the highest levels of market value in 2018, with a combined % share of the total market. Other paper and paperboard, nes lagged somewhat behind, comprising a further %.
Tissue paper recorded the highest rates of growth with regard to market size, among the main consumed products over the period under review, while paper and paperboard market for the other products experienced mixed trend patterns.