EU: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in the EU

In 2022, the EU cellulose fibrecement sheet market increased by 7.2% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption, however, saw a perceptible descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Cellulose Fibrecement Sheet Production in the EU

In value terms, cellulose fibrecement sheet production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 8.2%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cellulose Fibrecement Sheet Exports

Exports in the EU

In 2022, exports of sheets, panels and tiles of cellulose fibrecement in the European Union declined to X tons, with a decrease of -7.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of 14% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, cellulose fibrecement sheet exports shrank to $X in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The Czech Republic (X tons) and Belgium (X tons) represented roughly 40% of total exports in 2022. Italy (X tons) took a 10% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (8.2%), Finland (7.1%), Poland (5.9%) and Germany (5.6%). The following exporters - France (X tons), the Netherlands (X tons), Hungary (X tons), Ireland (X tons), Austria (X tons) and Slovenia (X tons) - together made up 20% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of +47.7%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Czech Republic ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, together comprising 46% of total exports. Germany, Hungary, Lithuania, Finland, Austria, the Netherlands, France, Ireland, Poland and Slovenia lagged somewhat behind, together accounting for a further 51%.

Hungary, with a CAGR of +61.9%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2021 an increase of 7%. The level of export peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.6%), while the other leaders experienced more modest paces of growth.

Cellulose Fibrecement Sheet Imports

Imports in the EU

Cellulose fibrecement sheet imports reached X tons in 2022, picking up by 4% compared with 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 13% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, cellulose fibrecement sheet imports stood at $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 16% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Denmark (X tons), distantly followed by France (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons), Ireland (X tons) and Sweden (X tons) were the key importers of sheets, panels and tiles of cellulose fibrecement, together comprising 72% of total imports. The following importers - Poland (X tons), Estonia (X tons), Lithuania (X tons), Latvia (X tons), Hungary (X tons) and Italy (X tons) - together made up 17% of total imports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2022, together accounting for 43% of total imports. Germany, Belgium, Sweden, Ireland, Lithuania, Hungary, Poland, Estonia, Italy and Latvia lagged somewhat behind, together comprising a further 43%.

Hungary, with a CAGR of +19.9%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with a decrease of -3.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 13%. As a result, import price attained the peak level of $X per ton, and then declined modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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