Belgium: Mechanical Wood Pulp Market 2024

Mechanical Wood Pulp Market Size in Belgium

The Belgian mechanical wood pulp market was estimated at $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Mechanical Wood Pulp Production in Belgium

In value terms, mechanical wood pulp production reached $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Mechanical Wood Pulp Exports

Exports from Belgium

In 2022, overseas shipments of mechanical wood pulp decreased by -97% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 1,536,670%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mechanical wood pulp exports contracted rapidly to $X in 2022. Over the period under review, exports recorded a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 113,298% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Azerbaijan (X tons) was the main destination for mechanical wood pulp exports from Belgium, with a 90% share of total exports. Moreover, mechanical wood pulp exports to Azerbaijan exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Azerbaijan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-53.1% per year) and Luxembourg (+23.9% per year).

In value terms, Azerbaijan ($X) emerged as the key foreign market for mechanical wood pulp exports from Belgium, comprising 90% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Azerbaijan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-50.6% per year) and Luxembourg (+16.1% per year).

Export Prices by Country

The average mechanical wood pulp export price stood at $X per ton in 2022, increasing by 12% against the previous year. Overall, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 331% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mechanical Wood Pulp Imports

Imports into Belgium

In 2022, imports of mechanical wood pulp into Belgium shrank markedly to X tons, dropping by -62.8% on the previous year. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 383% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, mechanical wood pulp imports declined remarkably to $X in 2022. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 272%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of mechanical wood pulp to Belgium, accounting for a 85% share of total imports. Moreover, mechanical wood pulp imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.5% per year) and the UK (-9.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of mechanical wood pulp to Belgium, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.1% per year) and the UK (-19.4% per year).

Import Prices by Country

The average mechanical wood pulp import price stood at $X per ton in 2022, picking up by 18% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mechanical wood pulp import price increased by +46.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 66% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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