Portugal: Wood Pulp Market 2022

Wood Pulp Market Size in Portugal

After two years of decline, the Portuguese wood pulp market increased by X% to $X in 2021. In general, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wood Pulp Production in Portugal

In value terms, wood pulp production expanded markedly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Wood Pulp Exports

Exports from Portugal

In 2021, overseas shipments of wood pulp decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, wood pulp exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), the Netherlands (X tons) and Poland (X tons) were the main destinations of wood pulp exports from Portugal, together comprising X% of total exports. Germany, Turkey, China, Sweden, Italy, Israel, Algeria, Tunisia, Egypt and France lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Algeria (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Poland ($X) appeared to be the largest markets for wood pulp exported from Portugal worldwide, with a combined X% share of total exports. China, Germany, Turkey, Sweden, Italy, Algeria, Israel, Egypt, Tunisia and France lagged somewhat behind, together comprising a further X terms of the main countries of destination, Algeria, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Sweden ($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 China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Portugal

In 2021, overseas purchases of wood pulp decreased by -X% to X tons, falling for the third year in a row after four years of growth. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wood pulp imports skyrocketed to $X in 2021. Overall, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of wood pulp to Portugal, with a X% share of total imports. Moreover, wood pulp imports from Sweden exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

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

From 2012 to 2021, the average annual growth rate of value from Sweden amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2021, rising 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 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Finland ($X per ton) and Chile ($X per ton), while the price for France ($X per ton) and Austria ($X per ton) were amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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