Wrapping Papers Market Overview in Turkey
In value terms, wrapping papers production contracted to $ in estimated in export prices. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the production volume increased by % against the previous year. Wrapping papers production peaked at $ in 2015; however, from 2016 to , production failed to regain the momentum.
The value of the wrapping papers market in Turkey totaled $ in , rising 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 throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of % year-to-year. Wrapping papers consumption peaked at $ in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.