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

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Slovenia

In 2022, the Slovene market for wood pulp, excluding mechanical wood pulp increased by 21% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +73.5% against 2020 indices. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Slovenia

In value terms, production of wood pulp, excluding mechanical wood pulp surged to $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Slovenia

Exports of wood pulp, excluding mechanical wood pulp from Slovenia reduced remarkably to X tons in 2022, which is down by -77.2% on the previous year. Over the period under review, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of 234,894%. Over the period under review, the exports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp reduced markedly to $X in 2022. In general, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of 11,962% against the previous year. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for exports of wood pulp, excluding mechanical wood pulp from Slovenia, with a 91% share of total exports. Moreover, exports of wood pulp, excluding mechanical wood pulp to India exceeded the volume sent to the second major destination, Austria (X tons), more than tenfold. Bosnia and Herzegovina (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +113.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+87.4% per year) and Bosnia and Herzegovina (+112.3% per year).

In value terms, India ($X) emerged as the key foreign market for wood pulp, excluding mechanical wood pulp exports from Slovenia, comprising 88% of total exports. The second position in the ranking was held by Austria ($X), with an 8.4% share of total exports. It was followed by Bosnia and Herzegovina, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to India amounted to +124.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+88.4% per year) and Bosnia and Herzegovina (+61.6% per year).

Export Prices by Country

In 2022, the average export price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, dropping by -66.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 1,769%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+99.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Slovenia

In 2022, approx. X tons of wood pulp, excluding mechanical wood pulp were imported into Slovenia; dropping by -8.5% compared with 2021. The total import volume increased at an average annual rate of +1.9% 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 with an increase of 22% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wood pulp, excluding mechanical wood pulp expanded remarkably to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Brazil (X tons), Austria (X tons) and Chile (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Slovenia, together comprising 59% of total imports. Sweden, Uruguay, Slovakia, Portugal, Estonia, Finland, Spain, Germany, Belgium and Norway lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +102.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Austria ($X) and Chile ($X) constituted the largest wood pulp, excluding mechanical wood pulp suppliers to Slovenia, together accounting for 58% of total imports. Sweden, Uruguay, Slovakia, Portugal, Estonia, Finland, Spain, Germany, Belgium and Norway lagged somewhat behind, together accounting for a further 38%.

Uruguay, with a CAGR of +113.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, growing by 25% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 an increase of 32%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Chile ($X per ton) and Estonia ($X per ton), while the price for Norway ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform