Belarus: Corrugated Paper Market 2024

Corrugated Paper Market Size in Belarus

The Belarusian corrugated paper market rose remarkably to $X in 2023, growing by X% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Corrugated Paper Production in Belarus

In value terms, corrugated paper production totaled $X in 2023 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Corrugated Paper Exports

Exports from Belarus

After two years of growth, shipments abroad of corrugated paper and paperboard decreased by X% to X tons in 2023. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, corrugated paper exports declined modestly to $X in 2023. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for corrugated paper exports from Belarus, with a X% share of total exports. Moreover, corrugated paper exports to Russia exceeded the volume sent to the second major destination, Moldova (X tons), more than tenfold. The third position in this ranking was held by Latvia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Latvia (X% per year).

In value terms, Russia ($X) remains the key foreign market for corrugated paper and paperboard exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (X% per year) and Latvia (X% per year).

Export Prices by Country

The average corrugated paper export price stood at $X per ton in 2023, almost unchanged from the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2022, and then fell modestly in the following year.

Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Lithuania ($X per ton) and Russia ($X per ton), while the average price for exports to Moldova ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into Belarus

For the third consecutive year, Belarus recorded decline in supplies from abroad of corrugated paper and paperboard, which decreased by X% to X tons in 2023. Overall, imports faced a sharp contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, corrugated paper imports contracted to $X in 2023. In general, imports recorded a dramatic contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X tons) was the main supplier of corrugated paper to Belarus, accounting for a X% share of total imports. It was followed by Ukraine (X tons), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of volume from Russia totaled X%.

In value terms, Russia ($X) constituted the largest supplier of corrugated paper and paperboard to Belarus, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Russia stood at X%.

Import Prices by Country

In 2023, the average corrugated paper import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform