Belgium: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Belgium

In 2022, the Belgian paper and paperboard market increased by 314% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a prominent increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Paper And Paperboard Production in Belgium

In value terms, paper and paperboard production rose notably to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 83% against the previous year. Paper and paperboard production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper And Paperboard Exports

Exports from Belgium

In 2022, paper and paperboard exports from Belgium declined markedly to X tons, with a decrease of -38.6% on the year before. Overall, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 102% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, paper and paperboard exports dropped to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 88%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main destinations of paper and paperboard exports from Belgium, with a combined 79% share of total exports. Pakistan, Luxembourg, Latvia, Switzerland, Poland and Italy lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) were the largest markets for paper and paperboard exported from Belgium worldwide, together comprising 77% of total exports. Luxembourg, Latvia, Italy, Switzerland, Poland and Pakistan lagged somewhat behind, together accounting for a further 14%.

Italy, with a CAGR of +31.2%, recorded the highest rates of growth with regard to 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

In 2022, the average paper and paperboard export price amounted to $X per ton, rising by 42% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 184%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Pakistan ($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 Ethiopia (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Belgium

Paper and paperboard imports into Belgium contracted remarkably to X tons in 2022, with a decrease of -46% on the previous year's figure. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, paper and paperboard imports declined to $X in 2022. Overall, imports saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of paper and paperboard imports to Belgium, with a combined 70% share of total imports. Italy, Finland, the UK, Portugal, Sweden and the United States lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +180.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest paper and paperboard suppliers to Belgium, together accounting for 75% of total imports. Finland, Italy, the UK, Portugal, Sweden and the United States lagged somewhat behind, together accounting for a further 22%.

Finland, with a CAGR of +191.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, picking up by 67% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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