United Kingdom: Filter Paper Market 2024

Filter Paper Market Size in the UK

The UK filter paper market rose markedly to $X in 2021, growing by 10% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Filter Paper Production in the UK

In value terms, filter paper production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 33%. Filter paper production peaked at $X in 2020, and then dropped slightly in the following year.

Filter Paper Exports

Exports from the UK

In 2021, the amount of filter paper and paperboard cut to shape exported from the UK declined to X tons, waning by -6.9% against the previous year's figure. In general, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of 7.5% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, filter paper exports contracted to $X in 2021. Overall, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2013 when exports increased by 9.4% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for filter paper exports from the UK, with a 41% share of total exports. Moreover, filter paper exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.6% per year) and Turkey (+1.3% per year).

In value terms, the United States ($X) remains the key foreign market for filter paper and paperboard cut to shape exports from the UK, comprising 48% of total exports. The second position in the ranking was taken by Germany ($X), with a 5.6% share of total exports. It was followed by Indonesia, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.4% per year) and Indonesia (+19.0% per year).

Export Prices by Country

The average filter paper export price stood at $X per ton in 2021, increasing by 1.8% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2014 an increase of 4.8%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey ($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 France (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Paper Imports

Imports into the UK

In 2021, overseas purchases of filter paper and paperboard cut to shape decreased by -15.1% to X tons, falling for the third consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 48%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, filter paper imports declined to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 42%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest filter paper supplier to the UK, with a 57% share of total imports. Moreover, filter paper imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. China (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.1% per year) and China (+5.6% per year).

In value terms, Italy ($X) constituted the largest supplier of filter paper and paperboard cut to shape to the UK, comprising 44% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by the Netherlands, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.8% per year) and the Netherlands (+24.8% per year).

Import Prices by Country

In 2021, the average filter paper import price amounted to $X per ton, surging by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 40%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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