Portugal: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Portugal

The Portuguese sulphite wood pulp market skyrocketed to $X in 2021, rising by 34% against the previous year. Overall, consumption, however, continues to indicate a abrupt decrease. Sulphite wood pulp consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sulphite Wood Pulp Production in Portugal

In value terms, sulphite wood pulp production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by 12%. Sulphite wood pulp production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sulphite Wood Pulp Exports

Exports from Portugal

In 2020, the amount of chemical wood pulp (sulphite, other than dissolving grades) exported from Portugal shrank sharply to X tons, waning by 99.9% compared with the previous year's figure. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 233% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

In value terms, sulphite wood pulp exports fell sharply to $X in 2020. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2019 with an increase of 421%. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for sulphite wood pulp exports from Portugal, accounting for a 53% share of total exports. Moreover, sulphite wood pulp exports to Turkey exceeded the volume sent to the second major destination, Slovakia (X tons), twofold. Spain (X kg) ranked third in terms of total exports with a 21% share.

From 2012 to 2020, the average annual rate of growth in terms of volume to Turkey stood at -94.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-62.6% per year) and Spain (-74.4% per year).

In value terms, Turkey ($X) remains the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from Portugal, comprising 72% of total exports. The second position in the ranking was held by Slovakia ($X), with a 16% share of total exports. It was followed by Spain, with an 11% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Turkey totaled -93.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-62.2% per year) and Spain (-74.1% per year).

Export Prices by Country

The average sulphite wood pulp export price stood at $X per ton in 2020, jumping by 19% against the previous year. Overall, the export price enjoyed a strong increase. The growth pace was the most rapid in 2019 an increase of 57%. The export price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Turkey ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Portugal

In 2021, the amount of chemical wood pulp (sulphite, other than dissolving grades) imported into Portugal rose remarkably to X tons, increasing by 6.8% on the year before. Over the period under review, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2016 when imports increased by 78% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, sulphite wood pulp imports reduced slightly to $X in 2021. Overall, imports, however, saw a pronounced downturn. The growth pace was the most rapid in 2016 when imports increased by 53%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of sulphite wood pulp to Portugal, with a 78% share of total imports. Moreover, sulphite wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.7% per year) and Germany (-10.5% per year).

In value terms, the United States ($X) constituted the largest supplier of chemical wood pulp (sulphite, other than dissolving grades) to Portugal, comprising 65% of total imports. The second position in the ranking was held by Spain ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.4% per year) and Germany (-11.2% per year).

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, dropping by -6.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 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 contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+61.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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