Spain: Market for Dissolving Grade Wood Pulp 2024

Market Size for Dissolving Grade Wood Pulp in Spain

The Spanish dissolving grade wood pulp market soared to $X in 2021, increasing by 15% against the previous year. Overall, consumption showed a significant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Production of Dissolving Grade Wood Pulp in Spain

In value terms, dissolving grade wood pulp production stood at $X in 2021 estimated in export price. In general, production saw a pronounced increase. The pace of growth was the most pronounced in 2017 with an increase of 151% against the previous year. Dissolving grade wood pulp production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Dissolving Grade Wood Pulp

Exports from Spain

Dissolving grade wood pulp exports from Spain shrank sharply to X tons in 2021, reducing by -98.7% compared with 2020. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 28% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, dissolving grade wood pulp exports plummeted to $X in 2021. Overall, exports showed a significant decline. The pace of growth was the most pronounced in 2017 when exports increased by 26%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for dissolving grade wood pulp exports from Spain, accounting for a 99.9% share of total exports. It was followed by France (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China stood at -44.7%.

In value terms, China ($X) emerged as the key foreign market for dissolving grade wood pulp exports from Spain, comprising 100% of total exports. The second position in the ranking was taken by France ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -48.2%.

Export Prices by Country

In 2021, the average dissolving grade wood pulp export price amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the export price, however, showed a deep contraction. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dissolving Grade Wood Pulp

Imports into Spain

In 2021, supplies from abroad of dissolving grade wood pulp decreased by -2.7% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2015 with an increase of 69% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, dissolving grade wood pulp imports shrank to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 41%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Norway (X tons) and Brazil (X tons) were the main suppliers of dissolving grade wood pulp imports to Spain, together comprising 90% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +39.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dissolving grade wood pulp suppliers to Spain were the United States ($X), Norway ($X) and Brazil ($X), together accounting for 89% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +41.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dissolving grade wood pulp import price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 10%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the United States ($X per ton) and Portugal ($X per ton), while the price for Sweden ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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