In 2023, the European pulp and paper industry generated revenue of 100 billion euros, down from over 187 billion euros one year prior. In 2020, the industry was heavily impacted by the coronavirus pandemic. However, the sector has shown signs of a positive post-COVID recovery.
Pulp and paper production in Europe
The pulp and paper industry encompasses the production of pulp, paper, paperboard, and other cellulose-based products from wood. Sweden, Germany, and Finland have among the largest forestry, and, by extension, pulp and paper industries in Europe. In 2023, Sweden and Finland accounted for over 60 percent of Europe's pulp production, while Germany produced over one quarter of the region's paper and board.
European pulp & paper companies
The Nordic countries are also the headquarters of some of the largest paper companies in Europe. Based on revenues of approximately 10 billion euros, the Finnish companies UPM Kymmene and Stora Enso were among the leading European forestry and paper companies in 2023, after Ireland-based Smurfit Kappa Group.
Revenue of the European pulp and paper industry from 2000 to 2023
(in million euros)
Statistic compiled using multiple editions of the same report. Members of CEPI include: Austria, Belgium, Czechia, Finland, France, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. 2019 and 2020 figures are based on members’ data, Eurostat, and estimates for some countries
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CEPI. (July 9, 2024). Revenue of the European pulp and paper industry from 2000 to 2023 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. "Revenue of the European pulp and paper industry from 2000 to 2023 (in million euros)." Chart. July 9, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. (2024). Revenue of the European pulp and paper industry from 2000 to 2023 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI. "Revenue of The European Pulp and Paper Industry from 2000 to 2023 (in Million Euros)." Statista, Statista Inc., 9 Jul 2024, https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/
CEPI, Revenue of the European pulp and paper industry from 2000 to 2023 (in million euros) Statista, https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/ (last visited November 21, 2024)
Revenue of the European pulp and paper industry from 2000 to 2023 (in million euros) [Graph], CEPI, July 9, 2024. [Online]. Available: https://www.statista.com/statistics/273940/revenue-of-the-european-pulp-and-paper-industry-since-2000/