Wrapping Papers Market Overview in Belgium
In value terms, wrapping papers production contracted to $ in estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of % y-o-y. Over the period under review, production reached the peak level at $ in 2018; however, from 2019 to , production stood at a somewhat lower figure.
The value of the wrapping papers market in Belgium soared to $ in , surging 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 showed a mild curtailment. Wrapping papers consumption peaked at $ in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.