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The trade magazine for the packaging industry
In turbulent times, demand for corrugated board remains high and the corrugated board industry is set to record sales growth of 6.9 per cent in 2021. Following the persistently high prices for raw materials during the coronavirus pandemic, the industry is now facing the effects of the war in Ukraine. Ensuring an uninterrupted supply of gas is now particularly important.
Despite the Sales growth of 6.9 per cent the increased paper and energy prices will continue to put pressure on the industry and reduce the overall balance sheet for 2021. Association of the Corrugated Board Industry (VDW) at its annual press conference. According to the association, the economic impact of the war in Ukraine has also exacerbated the situation in the corrugated board industry.
"Demand for corrugated board packaging was exceptionally high in 2021. The companies organised in the VDW achieved an increase in sales of 6.9 percent. The economy recovered better than expected in the second year of the pandemic in 2021. This ensured extremely high utilisation of our production capacities over long periods."
Dr Steffen WürthChairman of the VDW
Overall, the VDW recorded a Corrugated board sales of 8,656 million square metres for 2021. This is 557 million square metres more than in 2020, meaning that the corrugated board industry has significantly exceeded its growth target of one per cent for 2021, which was forecast in December 2020.
E-commerce is booming
The decisive factor here was an increase in demand for consumer goods such as household and optical appliances. Demand for intermediate goods for further processing in production, such as batteries, accumulators or electronic components, was also higher than in other years. In addition, the Corrugated board industry to benefit again from the continuation of the e-commerce boom in 2021 can.
"We have always remained a reliable partner for industry and trade, even during periods of high capacity utilisation and despite the additional challenges posed by new waves of infection. Around two thirds of all transport packaging in Germany is made of corrugated board. We play a correspondingly important role in the supply chains and have thus made a significant contribution to the recovery of the economy."
Dr Steffen Würth
In 2021, the VDW members' revenues rose by 4.5 cents per square metre compared to the previous year to an average of 57.7 cents per square metre, which corresponds to an increase of 8.5 percent. With the The corrugated board industry was able to increase its sales by 16 per cent. book.
"These are pleasing figures in themselves. However, they are not enough to compensate for the massive increase in prices for corrugated base paper and gas as an energy source in 2021. We have been confronted with this development since late summer 2020. The economic impact of the war in Ukraine is now drastically exacerbating the increasingly extreme price pressure on our industry that has been prevailing for months."
Dr Steffen Würth
Appeal to politicians
Politicians must do everything in their power to achieve a ensure uninterrupted gas supply and cushion the negative economic consequences of the war. "This is the prerequisite for the corrugated board industry to continue to successfully contribute to the smooth functioning of supply chains," said the association chairman in his urgent appeal.
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