Wrapping Papers Market Overview in Italy
In value terms, wrapping papers production contracted to $ in estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of % against the previous year. Wrapping papers production peaked at $ in 2018; however, from 2019 to , production remained at a lower figure.
The size of the wrapping papers market in Italy expanded rapidly to $ in , increasing 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the market value increased by % y-o-y. As a result, consumption attained the peak level of $. from 2019 to , the growth of the market remained at a somewhat lower figure.