The European Paper and Paper Products Turnover Index depicts varied growth by country. Norway, Romania, and Lithuania are at the forefront, with the highest turnover values, while Denmark and Hungary trail. In 2023, Norway leads with a substantial growth rate, signifying its robust industry development. Countries like Poland and the Netherlands demonstrate moderate but steady growth, whereas Germany and France exhibit slower increases. The last five years indicate Norway's strong CAGR, with Romania and Lithuania following, suggesting expansive growth in Eastern Europe. Denmark's significantly lower growth may reflect sectors' stagnation or market saturation.
Future trends to observe include advancing recycling technologies, evolving consumer preferences for sustainable products, and regulatory impacts on production standards. Eastern European countries are expected to continue their current growth trajectory, while Western Europe might focus on innovative strategies to combat environmental concerns. Monitoring these factors will be crucial for understanding the sector's dynamics.
Top countries in Paper and Paper Products Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 240.7 | 2022 | +35.84% | +15.92% | View data |
| 2 | 2 Romania | 240.5 | 2022 | +37.35% | +11.08% | View data |
| 3 | 3 Lithuania | 239.5 | 2022 | +22.57% | +12.93% | View data |
| 4 | 4 Poland | 216.5 | 2022 | +29.41% | +13.31% | View data |
| 5 | 5 Netherlands | 177.6 | 2022 | +24.28% | +10.52% | View data |
| 6 | 6 Czech Republic | 165.9 | 2022 | +23.25% | +9.77% | View data |
| 7 | 7 Macedonia | 160.1 | 2022 | +23.72% | +8.29% | View data |
| 8 | 8 Spain | 154.9 | 2022 | +24.92% | +7.92% | View data |
| 9 | 9 Latvia | 153.7 | 2022 | +19.89% | +8.33% | View data |
| 10 | 10 Greece | 152.9 | 2022 | +28.7% | +7.7% | View data |
