Eastern Europe: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Eastern Europe

In 2021, after two years of decline, there was significant growth in the East European market for chemical wood pulp (soda and sulphate, other than dissolving grades), when its value increased by 13% to $X. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Eastern Europe

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 21% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports in Eastern Europe

Exports of chemical wood pulp (soda and sulphate, other than dissolving grades) fell to X tons in 2021, shrinking by -8.4% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) soared to $X in 2021. The total export value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia prevails in grades) structure, accounting for X tons, which was approx. 69% of total exports in 2021. It was distantly followed by Slovakia (X tons), Belarus (X tons) and Poland (X tons), together achieving a 21% share of total exports. The following exporters - the Czech Republic (X tons) and Bulgaria (X tons) - together made up 7% of total exports.

From 2012 to 2021, average annual rates of growth with regard to soda and sulphate chemical wood pulp exports from Russia stood at +1.3%. At the same time, Belarus (+201.1%), Poland (+28.8%), Slovakia (+2.7%) and Bulgaria (+1.1%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +201.1% from 2012-2021. By contrast, the Czech Republic (-2.6%) illustrated a downward trend over the same period. Belarus (+7 p.p.) and Poland (+5.2 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Russia saw its share reduced by -2.4% and -9.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest soda and sulphate chemical wood pulp supplier in Eastern Europe, comprising 68% of total exports. The second position in the ranking was held by Poland ($X), with an 8% share of total exports. It was followed by Slovakia, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value in Russia amounted to +1.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+34.1% per year) and Slovakia (+2.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, jumping by 44% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Poland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the other leaders experienced more modest paces of growth.

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports in Eastern Europe

For the fourth consecutive year, Eastern Europe recorded growth in overseas purchases of chemical wood pulp (soda and sulphate, other than dissolving grades), which increased by 7.7% to X tons in 2021. The total import volume increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 16%. Over the period under review, imports of attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) represented the major importer of chemical wood pulp (soda and sulphate, other than dissolving grades), committing 49% of total imports. It was distantly followed by Russia (X tons), the Czech Republic (X tons), Romania (X tons), Slovakia (X tons) and Hungary (X tons), together mixing up a 41% share of total imports. Ukraine (X tons) and Estonia (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to soda and sulphate chemical wood pulp imports into Poland stood at +6.4%. At the same time, Estonia (+15.9%), Russia (+10.4%), the Czech Republic (+6.0%), Romania (+6.0%) and Hungary (+1.9%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +15.9% from 2012-2021. Slovakia and Ukraine experienced a relatively flat trend pattern. From 2012 to 2021, the share of Poland and Russia increased by +4.4 and +4.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported chemical wood pulp (soda and sulphate, other than dissolving grades) in Eastern Europe, comprising 48% of total imports. The second position in the ranking was held by Russia ($X), with a 14% share of total imports. It was followed by the Czech Republic, with a 12% share.

In Poland, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) expanded at an average annual rate of +6.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+9.0% per year) and the Czech Republic (+6.3% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, picking up by 27% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Russia ($X per ton) and Slovakia ($X per ton), while Ukraine ($X per ton) and Estonia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+1.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :