European Filter Paper Market - Italy and Germany Emerge as the Major Exporters within the EU

IndexBox has just published a new report: 'EU - Filter Paper And Paperboard Cut To Shape - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The EU filter paper market amounted to $663M in 2018, a decrease of -5.5% y-o-y. 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). Over the period under review, filter paper consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of 24% against the previous year. In that year, the filter paper market attained its peak level of $937M. From 2010 to 2018, the growth of the filter paper market failed to regain its momentum.

Consumption By Country in the EU

The countries with the highest volumes of filter paper consumption in 2018 were the UK (41K tonnes), France (40K tonnes) and Italy (33K tonnes), together accounting for 50% of total consumption. Spain, Germany, the Netherlands, Lithuania, Belgium, Greece, Austria, the Czech Republic and Portugal lagged somewhat behind, together comprising a further 43%.

From 2007 to 2018, the most notable rate of growth in terms of filter paper consumption, amongst the main consuming countries, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper markets in the European Union were Spain ($126M), Germany ($90M) and Italy ($84M), with a combined 45% share of the total market. The Netherlands, the UK, Belgium, Greece, Austria, Portugal, the Czech Republic, France and Lithuania lagged somewhat behind, together comprising a further 39%.

In 2018, the highest levels of filter paper per capita consumption was registered in Lithuania (3,292 kg per 1000 persons), followed by the Netherlands (738 kg per 1000 persons), Belgium (622 kg per 1000 persons) and France (616 kg per 1000 persons), while the world average per capita consumption of filter paper was estimated at 445 kg per 1000 persons.

In Lithuania, filter paper per capita consumption expanded at an average annual rate of +14.3% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the Netherlands (+2.9% per year) and Belgium (+1.5% per year).

Exports in the EU

The exports amounted to 120K tonnes in 2018, remaining stable against the previous year. Overall, filter paper exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by 6.9% y-o-y. Over the period under review, filter paper exports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, filter paper exports stood at $617M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +3.3% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2008 when exports increased by 26% against the previous year. The level of exports peaked at $628M in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Italy (38K tonnes) and Germany (38K tonnes) represented roughly 63% of total exports of filter paper and paperboard cut to shape in 2018. The UK (22K tonnes) ranks next in terms of the total exports with a 18% share, followed by the Netherlands (6.2%). Spain (4,607 tonnes), France (3,897 tonnes) and Sweden (1,984 tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($222M), Italy ($144M) and the UK ($132M) appeared to be the countries with the highest levels of exports in 2018, with a combined 81% share of total exports. The Netherlands, France, Spain and Sweden lagged somewhat behind, together accounting for a further 15%.

Among the main exporting countries, Spain experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the filter paper export price in the European Union amounted to $5,118 per tonne, rising by 1.6% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2008 an increase of 44% y-o-y. The level of export price peaked at $5,686 per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($7,980 per tonne), while Italy ($3,773 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, the amount of filter paper and paperboard cut to shape imported in the European Union stood at 61K tonnes, going down by -12.5% against the previous year. Overall, filter paper imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of 18% against the previous year. Over the period under review, filter paper imports attained their maximum at 70K tonnes in 2017, and then declined slightly in the following year.

In value terms, filter paper imports amounted to $298M (IndexBox estimates) in 2018. Over the period under review, filter paper imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2011 when imports increased by 12% y-o-y. Over the period under review, filter paper imports attained their maximum at $346M in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The imports of the ten major importers of filter paper and paperboard cut to shape, namely Germany, France, the UK, Austria, the Czech Republic, Poland, Spain, Sweden, Belgium and the Netherlands, represented more than two-thirds of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper importing markets in the European Union were Germany ($47M), France ($35M) and Austria ($27M), with a combined 37% share of total imports. The UK, Poland, the Czech Republic, the Netherlands, Belgium, Spain and Sweden lagged somewhat behind, together comprising a further 47%.

Among the main importing countries, the Czech Republic experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The filter paper import price in the European Union stood at $4,876 per tonne in 2018, rising by 3.7% against the previous year. Over the period under review, the filter paper import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of 22% y-o-y. In that year, the import prices for filter paper and paperboard cut to shape attained their peak level of $5,944 per tonne. From 2010 to 2018, the growth in terms of the import prices for filter paper and paperboard cut to shape remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in the Netherlands ($6,580 per tonne) and Belgium ($5,721 per tonne), while France ($4,391 per tonne) and Germany ($4,429 per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform