Belgium: Uncoated Felt Paper Market 2024

Uncoated Felt Paper Market Size in Belgium

The Belgian uncoated felt paper market fell significantly to $X in 2022, dropping by -24.2% 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). In general, consumption showed a abrupt contraction. Uncoated felt paper consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Uncoated Felt Paper Exports

Exports from Belgium

In 2022, approx. X tons of uncoated felt paper and paperboard were exported from Belgium; picking up by 136% against the year before. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 267%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, uncoated felt paper exports surged to $X in 2022. In general, exports enjoyed a slight increase. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for uncoated felt paper exports from Belgium, accounting for a 50% share of total exports. Moreover, uncoated felt paper exports to France exceeded the volume sent to the second major destination, Turkey (X tons), twofold. Luxembourg (X kg) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-1.2% per year) and Luxembourg (-5.1% per year).

In value terms, Turkey ($X) emerged as the key foreign market for uncoated felt paper and paperboard exports from Belgium, comprising 49% of total exports. The second position in the ranking was held by France ($X), with a 22% share of total exports. It was followed by South Africa, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.0% per year) and South Africa (+9.6% per year).

Export Prices by Country

In 2022, the average uncoated felt paper export price amounted to $X per ton, picking up by 13% against the previous year. In general, the export price posted strong growth. The most prominent rate of growth was recorded in 2017 an increase of 203%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Uncoated Felt Paper Imports

Imports into Belgium

In 2022, uncoated felt paper imports into Belgium contracted to X tons, dropping by -14.8% against the previous year. Overall, imports showed a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 103%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, uncoated felt paper imports contracted sharply to $X in 2022. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of uncoated felt paper to Belgium, accounting for a 72% share of total imports. Moreover, uncoated felt paper imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.5% per year) and the Netherlands (-12.7% per year).

In value terms, the largest uncoated felt paper suppliers to Belgium were Germany ($X), France ($X) and the Netherlands ($X), with a combined 100% share of total imports.

France, with a CAGR of -5.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average uncoated felt paper import price amounted to $X per ton, waning by -5.6% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncoated felt paper import price increased by +30.7% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 53% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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