Ireland: 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 Ireland

In 2021, the Irish market for chemical wood pulp (soda and sulphate, other than dissolving grades) was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a perceptible reduction. As a result, consumption attained the peak level of $X. From 2015 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 Ireland

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021 estimated in export price. In general, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 73%. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a somewhat lower figure.

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

Exports from Ireland

In 2021, shipments abroad of chemical wood pulp (soda and sulphate, other than dissolving grades) decreased by 0% to X kg, falling for the second consecutive year after two years of growth. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 96% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) totaled $X in 2021. Over the period under review, exports faced a significant decline. The pace of growth was the most pronounced in 2016 with an increase of 68%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -34.4%.

From 2012 to 2021, the average annual growth rate of value to the UK totaled -22.3%.

Export Prices by Country

In 2021, the average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price saw a buoyant increase. The growth pace was the most rapid in 2017 an increase of 71%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +18.4% per year.

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

Imports into Ireland

In 2021, after three years of growth, there was significant decline in purchases abroad of chemical wood pulp (soda and sulphate, other than dissolving grades), when their volume decreased by -14.5% to X tons. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 549%. Over the period under review, imports of attained the maximum at X tons in 2020, and then contracted in the following year.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) contracted notably to $X in 2021. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 607% against the previous year. Imports peaked at $X in 2020, and then contracted rapidly in the following year.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of soda and sulphate chemical wood pulp to Ireland, accounting for a 59% share of total imports. Moreover, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. Japan (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +70.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+69.2% per year) and Japan (+1,002.7% per year).

In value terms, the United States ($X) constituted the largest supplier of chemical wood pulp (soda and sulphate, other than dissolving grades) to Ireland, comprising 54% of total imports. The second position in the ranking was held by the UK ($X), with a 17% share of total imports. It was followed by Japan, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +69.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+85.7% per year) and Japan (+1,158.3% per year).

Import Prices by Country

The average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2021, declining by -15.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then declined dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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