Belgium: Recovered Fibre Pulp Market 2024

Recovered Fibre Pulp Market Size in Belgium

The Belgian recovered fibre pulp market contracted rapidly to $X in 2022, dropping by -28.3% against the previous year. Over the period under review, consumption, however, showed prominent growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Recovered Fibre Pulp Production in Belgium

In value terms, recovered fibre pulp production fell to $X in 2022 estimated in export price. In general, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Recovered Fibre Pulp Exports

Exports from Belgium

In 2022, shipments abroad of recovered fibre pulp decreased by -86.7% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 1,147% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, recovered fibre pulp exports dropped sharply to $X in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 when exports increased by 743% against the previous year. 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 India (X tons) were the main destinations of recovered fibre pulp exports from Belgium, together comprising 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +7.6%), while shipments for the other leaders experienced a decline.

In value terms, France ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for recovered fibre pulp exported from Belgium worldwide, together accounting for 84% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average recovered fibre pulp export price stood at $X per ton in 2022, dropping by -2.3% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 55%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to India ($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 China (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Recovered Fibre Pulp Imports

Imports into Belgium

After two years of growth, overseas purchases of recovered fibre pulp decreased by -69.4% to X tons in 2022. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2013 with an increase of 161% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, recovered fibre pulp imports reduced remarkably to $X in 2022. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2013 when imports increased by 137%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of recovered fibre pulp imports to Belgium, together comprising 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +18.6%), while purchases for the other leaders experienced a decline.

In value terms, the largest recovered fibre pulp suppliers to Belgium were the Netherlands ($X), France ($X) and Austria ($X), together comprising 78% of total imports.

In terms of the main suppliers, France, with a CAGR of +8.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average recovered fibre pulp import price amounted to $X per ton, reducing by -17.5% against the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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