Wrapping Papers Market Overview in Austria
In value terms, wrapping papers production dropped to $ in estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Wrapping papers production peaked at $ in 2019, and then declined in the following year.
The value of the wrapping papers market in Austria fell dramatically to $ in , reducing 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). Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of % y-o-y. As a result, consumption attained the peak level of $. from 2019 to , the growth of the market remained at a lower figure.