Spain: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Spain

The Spanish sulphite wood pulp market rose remarkably to $X in 2021, growing by 8% against the previous year. The market value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sulphite wood pulp consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Sulphite Wood Pulp Production in Spain

In value terms, sulphite wood pulp production rose sharply to $X in 2021 estimated in export price. Over the period under review, production saw prominent growth. The growth pace was the most rapid in 2014 with an increase of 94% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Sulphite Wood Pulp Exports

Exports from Spain

For the third year in a row, Spain recorded decline in shipments abroad of chemical wood pulp (sulphite, other than dissolving grades), which decreased by -21.2% to X tons in 2021. Overall, exports showed a pronounced setback. The pace of growth was the most pronounced in 2013 when exports increased by 89% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, sulphite wood pulp exports declined dramatically to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 122%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Morocco (X tons) was the main destination for sulphite wood pulp exports from Spain, with a 79% share of total exports. Moreover, sulphite wood pulp exports to Morocco exceeded the volume sent to the second major destination, Italy (X tons), sevenfold. Portugal (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Morocco totaled -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+29.0% per year) and Portugal (-23.7% per year).

In value terms, Morocco ($X) remains the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from Spain, comprising 81% of total exports. The second position in the ranking was taken by Italy ($X), with a 9.2% share of total exports. It was followed by Portugal, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Morocco amounted to -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+31.6% per year) and Portugal (-21.1% per year).

Export Prices by Country

In 2021, the average sulphite wood pulp export price amounted to $X per ton, growing by 7.7% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphite wood pulp export price increased by +51.1% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 177%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Morocco ($X per ton) and Tunisia ($X per ton), while the average price for exports to Italy ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Spain

After four years of growth, purchases abroad of chemical wood pulp (sulphite, other than dissolving grades) decreased by -68% to X tons in 2021. In general, imports showed a dramatic decrease. The pace of growth appeared the most rapid in 2019 when imports increased by 129%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sulphite wood pulp imports shrank notably to $X in 2021. Over the period under review, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2019 with an increase of 101% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest sulphite wood pulp supplier to Spain, accounting for a 69% share of total imports. Moreover, sulphite wood pulp imports from Germany exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-42.2% per year) and France (-32.2% per year).

In value terms, Germany ($X) constituted the largest supplier of chemical wood pulp (sulphite, other than dissolving grades) to Spain, comprising 83% of total imports. The second position in the ranking was held by Portugal ($X), with a 7.9% share of total imports. It was followed by Italy, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-42.9% per year) and Italy (-4.8% per year).

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, with an increase of 81% against the previous year. In general, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2014 an increase of 142% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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