Ireland: Newsprint Market Overview 2021

Newsprint Market Size in Ireland

The Irish newsprint market dropped notably to $X in 2020, which is down by -X% 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 faced a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Newsprint consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Newsprint Exports

Exports from Ireland

In 2020, approx. X kg of newsprint were exported from Ireland; falling by -X% against the year before. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, newsprint exports contracted significantly to $X in 2020. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X kg) was the main destination for newsprint exports from Ireland, with a X% share of total exports. Moreover, newsprint exports to the U.S. exceeded the volume sent to the second major destination, China (X kg), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the U.S. was relatively modest.

From 2007 to 2020, the average annual growth rate of value to the U.S. was relatively modest.

Export Prices by Country

In 2020, the average newsprint export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price recorded a significant increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to the U.S. totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S..

Newsprint Imports

Imports into Ireland

In 2020, the amount of newsprint imported into Ireland fell sharply to X tonnes, shrinking by -X% against the previous year. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, newsprint imports dropped rapidly to $X in 2020. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of newsprint to Ireland, accounting for a X% share of total imports. Moreover, newsprint imports from the UK exceeded the figures recorded by the second-largest supplier, Norway (X tonnes), fourfold. Sweden (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-X% per year) and Sweden (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of newsprint to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Norway, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Norway (-X% per year).

Import Prices by Country

The average newsprint import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Finland ($X per tonne) and Sweden ($X per tonne), while the price for Norway ($X per tonne) and the UK ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for newsprint in the world?

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The countries with the highest volumes of newsprint consumption in 2020 were China (3.4M tonnes), Japan (2.3M tonnes) and the U.S. (2.1M tonnes), together comprising 39% of global consumption. These countries were followed by India, Germany, South Korea, Russia, the UK, Sweden, Italy, the Netherlands, Canada and France, which together accounted for a further 37%.

What are the largest producers of newsprint in the world?

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The countries with the highest volumes of newsprint production in 2020 were China (2.8M tonnes), Canada (2.4M tonnes) and Japan (2.3M tonnes), with a combined 38% share of global production. Russia, India, the U.S., Germany, South Korea, Sweden, the UK, Norway, France and Switzerland lagged somewhat behind, together comprising a further 44%.

What are the leading suppliers of newsprint to Ireland?

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In value terms, the UK ($9.1M) constituted the largest supplier of newsprint to Ireland, comprising 60% of total imports. The second position in the ranking was occupied by Sweden ($2.4M), with a 16% share of total imports. It was followed by Norway, with a 16% share.

What is the average export price for newsprint in Ireland?

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In 2020, the average newsprint export price amounted to $10,488 per tonne, surging by 1,774% against the previous year.

What is the average import price for newsprint in Ireland?

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In 2020, the average newsprint import price amounted to $505 per tonne, dropping by -13.9% against the previous year.