Czech Republic: Market for Dissolving Grade Wood Pulp 2024

Market Size for Dissolving Grade Wood Pulp in the Czech Republic

In 2022, the Czech dissolving grade wood pulp market increased by 180% to $X, rising for the fifth year in a row after five years of decline. Over the period under review, consumption recorded a moderate expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Dissolving Grade Wood Pulp in the Czech Republic

In value terms, dissolving grade wood pulp production declined to $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +7.3% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 149%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Dissolving Grade Wood Pulp

Exports from the Czech Republic

In 2022, overseas shipments of dissolving grade wood pulp decreased by -9.1% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 90%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, dissolving grade wood pulp exports reduced modestly to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +9.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 105%. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for dissolving grade wood pulp exports from the Czech Republic, accounting for a 55% share of total exports. Moreover, dissolving grade wood pulp exports to China exceeded the volume sent to the second major destination, Germany (X tons), threefold. Austria (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.4% per year) and Austria (+31.0% per year).

In value terms, China ($X) remains the key foreign market for dissolving grade wood pulp exports from the Czech Republic, comprising 56% of total exports. The second position in the ranking was held by Germany ($X), with a 21% share of total exports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+9.2% per year) and Austria (+32.8% per year).

Export Prices by Country

The average dissolving grade wood pulp export price stood at $X per ton in 2022, increasing by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Germany ($X per ton), while the average price for exports to Indonesia ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dissolving Grade Wood Pulp

Imports into the Czech Republic

In 2022, imports of dissolving grade wood pulp into the Czech Republic reduced to X tons, dropping by -12.3% against 2021 figures. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 1,196% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, dissolving grade wood pulp imports contracted to $X in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,459% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of dissolving grade wood pulp to the Czech Republic, accounting for a 48% share of total imports. Moreover, dissolving grade wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. The third position in this ranking was held by France (X tons), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+865.2% per year) and France (+3.8% per year).

In value terms, the United States ($X) constituted the largest supplier of dissolving grade wood pulp to the Czech Republic, comprising 49% of total imports. The second position in the ranking was held by France ($X), with a 20% share of total imports. It was followed by Sweden, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+9.9% per year) and Sweden (+939.6% per year).

Import Prices by Country

The average dissolving grade wood pulp import price stood at $X per ton in 2022, growing by 5% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 20%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per ton) and Norway ($X per ton), while the price for South Africa ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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