Spain: Wood Pulp Market 2022

Wood Pulp Market Size in Spain

In 2021, the Spanish wood pulp market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a slight decline. Wood pulp consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Wood Pulp Production in Spain

In value terms, wood pulp production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2017 when the production volume increased by X%. Wood pulp production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Wood Pulp Exports

Exports from Spain

In 2021, shipments abroad of wood pulp increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, recorded a slight reduction. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, wood pulp exports soared to $X in 2021. Overall, exports, however, saw a noticeable descent. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of wood pulp exports from Spain, with a combined X% share of total exports. These countries were followed by Italy, the UK, China and France, 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 the UK (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood pulp exported from Spain were Germany ($X), Poland ($X) and Italy ($X), together accounting for X% of total exports. The Netherlands, France, China and the UK lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($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 France (-X%), while the prices for the other major destinations experienced a decline.

Wood Pulp Imports

Imports into Spain

In 2021, approx. X tons of wood pulp were imported into Spain; surging by X% compared with the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, wood pulp imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X tons), Portugal (X tons) and Brazil (X tons) were the main suppliers of wood pulp imports to Spain, together comprising X% of total imports. These countries were followed by the United States, Finland, France and Uruguay, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Portugal ($X) and Brazil ($X) were the largest wood pulp suppliers to Spain, together accounting for X% of total imports. The United States, Finland, France and Uruguay lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and Sweden ($X per ton), while the price for Brazil ($X per ton) and Portugal ($X per ton) were amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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