United Kingdom: Market for Dissolving Grade Wood Pulp 2024

Market Size for Dissolving Grade Wood Pulp in the UK

The UK dissolving grade wood pulp market soared to $X in 2021, increasing by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a drastic downturn. Dissolving grade wood pulp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Dissolving Grade Wood Pulp

Exports from the UK

In 2021, approx. X tons of dissolving grade wood pulp were exported from the UK; which is down by -49.6% compared with the previous year's figure. In general, exports faced a deep slump. The growth pace was the most rapid in 2020 with an increase of 170% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, dissolving grade wood pulp exports expanded significantly to $X in 2021. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 166% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), the Netherlands (X tons) and South Africa (X tons) were the main destinations of dissolving grade wood pulp exports from the UK, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +41.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dissolving grade wood pulp exported from the UK were South Africa ($X), Germany ($X) and the Netherlands ($X), together comprising 90% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +50.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dissolving grade wood pulp export price amounted to $X per ton, growing by 121% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dissolving Grade Wood Pulp

Imports into the UK

Dissolving grade wood pulp imports into the UK expanded to X tons in 2021, increasing by 3.4% on the previous year. Overall, imports, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2019 with an increase of 10%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, dissolving grade wood pulp imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt shrinkage. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X tons) constituted the largest dissolving grade wood pulp supplier to the UK, with a 71% share of total imports. Moreover, dissolving grade wood pulp imports from South Africa exceeded the figures recorded by the second-largest supplier, Brazil (X tons), fourfold. The third position in this ranking was taken by Sweden (X tons), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from South Africa totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+13.4% per year) and Sweden (+7.2% per year).

In value terms, South Africa ($X) constituted the largest supplier of dissolving grade wood pulp to the UK, comprising 65% of total imports. The second position in the ranking was held by Brazil ($X), with a 19% share of total imports. It was followed by Sweden, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+10.4% per year) and Sweden (+10.7% per year).

Import Prices by Country

The average dissolving grade wood pulp import price stood at $X per ton in 2021, increasing by 19% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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