EU: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in the EU

In 2022, the EU market for wood pulp, excluding mechanical wood pulp increased by 9.7% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in the EU

In value terms, production of wood pulp, excluding mechanical wood pulp fell to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in the EU

In 2022, overseas shipments of wood pulp, excluding mechanical wood pulp decreased by -14.2% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. The volume of export peaked at X tons in 2021, and then shrank in the following year.

In value terms, exports of wood pulp, excluding mechanical wood pulp reduced to $X in 2022. The total export value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Finland (X tons) and Sweden (X tons) represented the main exporters of wood pulp, excluding mechanical wood pulp in 2022, finishing at approx. 27% and 25% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with a 9.5% share, followed by Portugal (8.4%), Germany (8.1%) and Spain (5.1%). France (X tons) held a minor share 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 Finland (with a CAGR of +5.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wood pulp, excluding mechanical wood pulp supplying countries in the European Union were Sweden ($X), Finland ($X) and the Netherlands ($X), together accounting for 61% of total exports.

Among the main exporting countries, Finland, with a CAGR of +5.7%, saw the highest growth rate of 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

In 2022, the export price in the European Union amounted to $X per ton, growing by 12% against 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 when the export price increased by 30%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in France ($X per ton) and Germany ($X per ton), while Spain ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the other leaders experienced more modest paces of growth.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in the EU

After two years of growth, purchases abroad of wood pulp, excluding mechanical wood pulp decreased by -7.6% to X tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 8.7% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, imports of wood pulp, excluding mechanical wood pulp rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons) and Italy (X tons) represented roughly 45% of total imports in 2022. The Netherlands (X tons) ranks next in terms of the total imports with an 11% share, followed by France (9.8%), Poland (7.5%) and Spain (6.8%). Sweden (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +6.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, with a combined 56% share of total imports. France, Spain, Poland and Sweden lagged somewhat behind, together accounting for a further 28%.

In terms of the main importing countries, Poland, with a CAGR of +8.0%, saw the highest rates of growth with regard to the value of imports, 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, rising by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the import price increased by 25%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and France ($X per ton), while Sweden ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :