Italy: Sulphite Wood Pulp Market 2024

Sulphite Wood Pulp Market Size in Italy

In 2021, the Italian sulphite wood pulp market increased by 30% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt downturn. Sulphite wood pulp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sulphite Wood Pulp Production in Italy

In value terms, sulphite wood pulp production contracted notably to $X in 2021 estimated in export price. In general, production enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 190% against the previous year. As a result, production attained the peak level of $X, and then declined significantly in the following year.

Sulphite Wood Pulp Exports

Exports from Italy

Sulphite wood pulp exports from Italy surged to X tons in 2021, rising by 95% against 2020 figures. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 169%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, sulphite wood pulp exports soared to $X in 2021. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2014 when exports increased by 186%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Austria (X tons) was the main destination for sulphite wood pulp exports from Italy, accounting for a 66% share of total exports. Moreover, sulphite wood pulp exports to Austria exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume to Austria amounted to +183.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+131.7% per year) and the United States (+51.3% per year).

In value terms, Austria ($X) remains the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from Italy, comprising 71% of total exports. The second position in the ranking was held by Switzerland ($X), with a 7% share of total exports. It was followed by Australia, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria totaled +176.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+46.3% per year) and Australia (+135.6% per year).

Export Prices by Country

The average sulphite wood pulp export price stood at $X per ton in 2021, with a decrease of -21.9% against the previous year. In general, the export price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 92% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Italy

In 2021, overseas purchases of chemical wood pulp (sulphite, other than dissolving grades) increased by 53% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, continue to indicate a abrupt setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sulphite wood pulp imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) was the main sulphite wood pulp supplier to Italy, with a 97% share of total imports. It was followed by Austria (X tons), with a 1.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +12.7%.

In value terms, Germany ($X) constituted the largest supplier of chemical wood pulp (sulphite, other than dissolving grades) to Italy, comprising 86% of total imports. The second position in the ranking was taken by Austria ($X), with a 1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +10.6%.

Import Prices by Country

In 2021, the average sulphite wood pulp import price amounted to $X per ton, approximately reflecting the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Austria amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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