Spain: Semi-Chemical Wood Pulp Market 2025

Semi-Chemical Wood Pulp Market Size in Spain

In 2022, the Spanish semi-chemical wood pulp market increased by 22% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a abrupt setback. Semi-chemical wood pulp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Semi-Chemical Wood Pulp Exports

Exports from Spain

Semi-chemical wood pulp exports from Spain declined to X tons in 2022, shrinking by -8.2% against the year before. In general, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 20,916% against the previous year. As a result, the exports attained the peak of X tons, and then contracted in the following year.

In value terms, semi-chemical wood pulp exports rose sharply to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of 1,254%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X tons) was the main destination for semi-chemical wood pulp exports from Spain, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -7.9%.

In value terms, India ($X) also remains the key foreign market for semi-chemical wood pulp exports from Spain.

From 2012 to 2022, the average annual growth rate of value to India totaled +15.1%.

Export Prices by Country

The average semi-chemical wood pulp export price stood at $X per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price continues to indicate a notable increase. The growth pace was the most rapid in 2020 an increase of 709%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +24.9% per year.

Semi-Chemical Wood Pulp Imports

Imports into Spain

In 2022, overseas purchases of semi-chemical wood pulp increased by 14% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, semi-chemical wood pulp imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Canada (X tons), Sweden (X tons) and Finland (X tons) were the main suppliers of semi-chemical wood pulp imports to Spain, with a combined 98% share of total imports. These countries were followed by France, which accounted for a further 1.8%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +9.4%), while purchases for the other leaders experienced a decline.

In value terms, Canada ($X) constituted the largest supplier of semi-chemical wood pulp to Spain, comprising 65% of total imports. The second position in the ranking was held by Sweden ($X), with a 31% share of total imports. It was followed by France, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada totaled -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-6.9% per year) and France (+11.5% per year).

Import Prices by Country

In 2022, the average semi-chemical wood pulp import price amounted to $X per ton, with an increase of 3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 an increase of 20%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Canada ($X per ton), while the price for Sweden ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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