In 2023, Finland led Europe in pulp, paper, and paperboard turnover at 19.21 billion euros, recording a 2.62% year-on-year increase. Germany followed with 17.15 billion euros, showing a slight 0.13% rise. Sweden held the third position at 12.99 billion euros, increasing by 1.38%. Notable growth was seen in Austria (4.12%), Slovenia (5.34%), and Ireland (5.45%). Conversely, Italy (-0.053%), France (-3.52%), and the United Kingdom (-4.4%) experienced declines. Over a five-year period, the compound annual growth rate (CAGR) reflected both growth and contraction trends, highlighting the diverse performance across different countries.
Future trends to watch in the European pulp, paper, and paperboard market include:
- Technological advancements and automation potentially increasing production efficiency.
- Shifts towards sustainable and eco-friendly products driven by consumer demand and regulatory changes.
- Potential impacts of geopolitical events on raw material supply chains and market stability.
- Continued consolidation and mergers within the industry, influencing market dynamics.
Top countries in Pulp, Paper and Paperboard Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 19,210 | 2023 | +8.05% | +2.62% | View data |
| 2 | 2 Germany | 17,150 | 2023 | +1.04% | +0.13% | View data |
| 3 | 3 Sweden | 12,990 | 2023 | +1.19% | +1.38% | View data |
| 4 | 4 Austria | 8,630 | 2023 | +4.7% | +4.12% | View data |
| 5 | 5 Italy | 6,490 | 2023 | +5.98% | -0.053% | View data |
| 6 | 6 France | 5,640 | 2023 | +1.83% | -3.52% | View data |
| 7 | 7 Spain | 4,870 | 2023 | +2.5% | -1.34% | View data |
| 8 | 8 Poland | 3,810 | 2023 | +3.55% | +1.74% | View data |
| 9 | 9 Portugal | 3,620 | 2023 | +7.5% | +1.64% | View data |
| 10 | 10 United Kingdom | 2,150 | 2023 | -4.09% | -4.4% | View data |
