Norway: Wood Pulp Market 2022

Wood Pulp Market Size in Norway

The Norwegian wood pulp market dropped to $X in 2021, which is down by -X% against the previous year. Over the period under review, consumption saw a mild decline. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wood Pulp Production in Norway

In value terms, wood pulp production fell slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Wood pulp production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Pulp Exports

Exports from Norway

In 2021, shipments abroad of wood pulp was finally on the rise to reach X tons after two years of decline. In general, total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, wood pulp exports expanded significantly to $X in 2021. Over the period under review, exports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main destinations of wood pulp exports from Norway, with a combined X% share of total exports. These countries were followed by Turkey, India, Japan, Thailand, Belgium, Denmark and Sweden, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for wood pulp exports from Norway, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2021, the average wood pulp export price amounted to $X per ton, falling by -X% against the previous year. Overall, the export price recorded a noticeable decline. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to the Netherlands ($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 Denmark (+X%), while the prices for the other major destinations experienced a decline.

Wood Pulp Imports

Imports into Norway

Wood pulp imports into Norway reduced to X tons in 2021, flattening at the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, wood pulp imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest wood pulp supplier to Norway, accounting for a X% share of total imports. Moreover, wood pulp imports from Sweden exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. The third position in this ranking was taken by Portugal (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Portugal (+X% per year).

In value terms, Sweden ($X) constituted the largest supplier of wood pulp to Norway, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Portugal (+X% per year).

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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