Folding Boxboard Market Overview in the United Kingdom
In value terms, folding boxboard production contracted to $ in 2019 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by % year-to-year. As a result, production attained the peak level of $. From 2014 to 2019, production growth remained at a somewhat lower figure.
The value of the folding boxboard market in the UK contracted to $ in 2019, dropping 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 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.