Belgium: Bleached Sulphate Pulp Market 2024

Bleached Sulphate Pulp Market Size in Belgium

The Belgian bleached sulphate pulp market fell slightly to $X in 2021, reducing by -3.5% against the previous year. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +44.7% against 2019 indices. Bleached sulphate pulp consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Bleached Sulphate Pulp Production in Belgium

In value terms, bleached sulphate pulp production shrank rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, production attained the peak level of $X, and then dropped markedly in the following year.

Bleached Sulphate Pulp Exports

Exports from Belgium

In 2021, bleached sulphate pulp exports from Belgium shrank to X tons, with a decrease of -14.7% on 2020. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, bleached sulphate pulp exports reduced to $X in 2021. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 129%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of bleached sulphate pulp exports from Belgium, with a combined 63% share of total exports. These countries were followed by Italy, Sweden, the Czech Republic, Poland and Finland, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +67.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bleached sulphate pulp exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), together accounting for 61% of total exports. Italy, Sweden, Finland, the Czech Republic and Poland lagged somewhat behind, together accounting for a further 29%.

Poland, with a CAGR of +64.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bleached sulphate pulp export price stood at $X per ton in 2021, growing by 9.6% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bleached sulphate pulp export price increased by +58.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Finland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bleached Sulphate Pulp Imports

Imports into Belgium

Bleached sulphate pulp imports into Belgium plummeted to X tons in 2021, which is down by -23.2% compared with 2020 figures. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 when imports increased by 129%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, bleached sulphate pulp imports dropped slightly to $X in 2021. In general, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 86% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), Sweden (X tons) and the Netherlands (X tons) were the main suppliers of bleached sulphate pulp imports to Belgium, with a combined 68% share of total imports. These countries were followed by Germany, Austria, Brazil and Finland, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +34.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Sweden ($X) and the Netherlands ($X) constituted the largest bleached sulphate pulp suppliers to Belgium, together accounting for 68% of total imports. These countries were followed by Germany, Austria, Brazil and Finland, which together accounted for a further 28%.

Among the main suppliers, Austria, with a CAGR of +32.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bleached sulphate pulp import price stood at $X per ton in 2021, with an increase of 26% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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