EU: Bleached Sulphite Pulp Market 2024

Bleached Sulphite Pulp Market Size in the EU

In 2022, the EU bleached sulphite pulp market increased by 0.6% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a pronounced setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Bleached Sulphite Pulp Production in the EU

In value terms, bleached sulphite pulp production expanded to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2020 when the production volume increased by 9.6% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Bleached Sulphite Pulp Exports

Exports in the EU

Bleached sulphite pulp exports expanded significantly to X tons in 2022, with an increase of 6.1% on the previous year's figure. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 28%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bleached sulphite pulp exports expanded sharply to $X in 2022. Over the period under review, exports, however, showed a deep downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany was the key exporting country with an export of around X tons, which reached 79% of total exports. Austria (X tons) held the second position in the ranking, followed by Sweden (X tons). All these countries together held near 16% share of total exports.

Germany was also the fastest-growing in terms of the bleached sulphite pulp exports, with a CAGR of +2.7% from 2012 to 2022. Austria (-6.3%) and Sweden (-13.1%) illustrated a downward trend over the same period. Germany (+57 p.p.) and Austria (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -3.3% from 2012 to 2022, respectively.

In value terms, Germany ($X) remains the largest bleached sulphite pulp supplier in the European Union, comprising 85% of total exports. The second position in the ranking was held by Austria ($X), with a 6.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Germany stood at +3.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Austria (-4.5% per year) and Sweden (-7.4% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2021 an increase of 24%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.6%), while the other leaders experienced more modest paces of growth.

Bleached Sulphite Pulp Imports

Imports in the EU

In 2022, purchases abroad of bleached sulphite pulp increased by 7% to X tons, rising for the third year in a row after seven years of decline. In general, imports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bleached sulphite pulp imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Germany was the largest importing country with an import of about X tons, which reached 32% of total imports. It was distantly followed by Italy (X tons), Austria (X tons), the Netherlands (X tons), France (X tons), Slovenia (X tons) and Slovakia (X tons), together making up a 51% share of total imports. Sweden (X tons) held a little share of total imports.

Imports into Germany decreased at an average annual rate of -5.8% from 2012 to 2022. At the same time, Sweden (+1.8%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of +1.8% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, Italy (-7.2%), Austria (-7.3%), Slovakia (-8.1%), Slovenia (-9.4%) and France (-11.4%) illustrated a downward trend over the same period. Germany (+5.2 p.p.), the Netherlands (+4.2 p.p.) and Sweden (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while France saw its share reduced by -3.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported bleached sulphite pulp in the European Union, comprising 36% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Austria, with an 8.9% share.

In Germany, bleached sulphite pulp imports contracted by an average annual rate of -5.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Italy (-1.8% per year) and Austria (-3.8% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, picking up by 8.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2018 when the import price increased by 20% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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