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 Europe

In 2021, the Europe market for chemical wood pulp (soda and sulphate, other than dissolving grades) was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, 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 2021, consumption remained at a lower figure.

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

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports in Europe

In 2021, after five years of growth, there was decline in shipments abroad of chemical wood pulp (soda and sulphate, other than dissolving grades), when their volume decreased by -1.2% to X tons. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the four major exporters of chemical wood pulp (soda and sulphate, other than dissolving grades), namely Finland, Sweden, the Netherlands and Russia, represented more than two-thirds of total export. Portugal (X tons) held the next position in the ranking, followed by Spain (X tons) and Germany (X tons). All these countries together took near 18% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +11.9%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Sweden ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 60% share of total exports.

The Netherlands, with a CAGR of +11.2%, saw the highest rates of growth with regard to 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

The export price in Europe stood at $X per ton in 2021, picking up by 34% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Sweden ($X per ton) and Germany ($X per ton), while Spain ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the other leaders experienced more modest paces of growth.

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

Imports in Europe

In 2021, purchases abroad of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 2.3% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 9.4%. The volume of import peaked in 2021 and is likely to continue growth in the near future.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons), the Netherlands (X tons) and Italy (X tons) represented the major importer of chemical wood pulp (soda and sulphate, other than dissolving grades) in Europe, mixing up 57% of total import. France (X tons) held the next position in the ranking, followed by Poland (X tons) and Spain (X tons). All these countries together held near 21% share of total imports. The UK (X tons), Austria (X tons), Belgium (X tons), Sweden (X tons), Russia (X tons) and the Czech Republic (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 55% share of total imports. These countries were followed by France, Poland, Spain, the UK, Austria, Belgium, Sweden, Russia and the Czech Republic, which together accounted for a further 36%.

Russia, with a CAGR of +9.0%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the import price in Europe amounted to $X per ton, jumping by 28% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform