EU: Market for Cellulose and its Chemical Derivatives in Primary Forms 2024

Market Size for Cellulose and its Chemical Derivatives in Primary Forms in the EU

In 2023, the EU market for cellulose and its chemical derivatives in primary forms decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.

Production of Cellulose and its Chemical Derivatives in Primary Forms in the EU

In value terms, production of cellulose and its chemical derivatives in primary forms stood at $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Cellulose and its Chemical Derivatives in Primary Forms

Exports in the EU

In 2023, overseas shipments of cellulose and its chemical derivatives in primary forms decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, exports of cellulose and its chemical derivatives in primary forms dropped to $X in 2023. Total exports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then dropped in the following year.

Exports by Country

Germany represented the key exporter of cellulose and its chemical derivatives in primary forms in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Belgium (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), Finland (X%), Ireland (X%) and Sweden (X%). France (X tons) took a relatively small share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of cellulose and its chemical derivatives in primary forms. At the same time, France (X%) and Ireland (X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. The Netherlands and Sweden experienced a relatively flat trend pattern. By contrast, Belgium (X%) and Finland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of France increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest cellulose and its chemical derivatives in primary forms supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Germany totaled X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2022 when the export price increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Imports of Cellulose and its Chemical Derivatives in Primary Forms

Imports in the EU

In 2023, overseas purchases of cellulose and its chemical derivatives in primary forms decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of cellulose and its chemical derivatives in primary forms totaled $X in 2023. Total imports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, Belgium (X tons) and Italy (X tons) represented the largest importers of cellulose and its chemical derivatives in primary forms in the European Union, together finishing at approx. X% of total imports. Germany (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Poland (X%), the Netherlands (X%) and Spain (X%). The following importers - Sweden (X tons), Hungary (X tons), Romania (X tons), Austria (X tons), Greece (X tons) and Ireland (X tons) - each amounted to an X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. France, the Netherlands, Poland, Spain, Sweden, Ireland, Hungary, Austria, Greece and Romania lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ireland ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform