Price for Pulps of Other Fibrous Cellulosic Material in the UK - 2024

Contents:

  1. Price for Pulps of Other Fibrous Cellulosic Material in the UK (CIF) - 2024
  2. Price for Pulps of Other Fibrous Cellulosic Material in the UK (FOB) - 2022
  3. Imports of Pulps of Other Fibrous Cellulosic Material in the UK
  4. Exports of Pulps of Other Fibrous Cellulosic Material in the UK

Price for Pulps of Other Fibrous Cellulosic Material in the UK (CIF) - 2024

In February 2024, the average import price for pulps of other fibrous cellulosic materials amounted to $2,741 per ton, declining by -8.3% against the previous month. In general, import price indicated measured growth from April 2023 to February 2024: its price increased at an average monthly rate of +2.9% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for pulps of other fibrous cellulosic materials increased by +2.9% against December 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 109% against the previous month. Over the period under review, average import prices attained the peak figure at $4,420 per ton in June 2023; however, from July 2023 to February 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,213 per ton), while the price for the Czech Republic ($757 per ton) was amongst the lowest.

From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pulps of Other Fibrous Cellulosic Material in the UK (FOB) - 2022

The average export price for pulps of other fibrous cellulosic materials stood at $1,682 per ton in 2022, shrinking by -1.9% against the previous year. In general, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2017 an increase of 120%. The export price peaked at $2,037 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($2,162 per ton), while the average price for exports to Indonesia ($297 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pulps of Other Fibrous Cellulosic Material in the UK

In 2022, the amount of pulps of other fibrous cellulosic materials imported into the UK surged to 41K tons, rising by 68% compared with the previous year's figure. Overall, imports, however, showed a deep setback.

In value terms, imports of pulps of other fibrous cellulosic materials amounted to $144M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 7.8%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Pulps of Other Fibrous Cellulosic Material in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines48.847.945.341.4-5.3%
Germany3.93.17.918.166.8%
United States2.52.23.23.39.7%
Spain4.03.03.22.6-13.4%
China4.94.64.12.3-22.3%
Canada2.81.73.81.6-17.0%
France0.51.00.91.647.4%
Others68.766.671.873.42.2%
Total1361301401441.9%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to the UK in 2022:

  1. Philippines (7.3K tons)
  2. Germany (4.9K tons)
  3. Canada (2.0K tons)
  4. United States (1.9K tons)
  5. France (1.6K tons)
  6. Spain (1.3K tons)
  7. China (0.7K tons)

Exports of Pulps of Other Fibrous Cellulosic Material in the UK

Exports of pulps of other fibrous cellulosic materials from the UK surged to 4.1K tons in 2022, rising by 26% compared with 2021 figures. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 171%. As a result, the exports reached the peak of 8.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pulps of other fibrous cellulosic materials skyrocketed to $6.8M in 2022. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 103%. As a result, the exports attained the peak of $10M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Pulps of Other Fibrous Cellulosic Material in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland55.253.7633920155.4%
Germany2591,1631,32371740.4%
United States17147416533925.6%
France34.589.9121296104.7%
ChinaN/AN/A1.315711976.9%
Spain1318703.8120-2.9%
IndonesiaN/AN/AN/A95.50%
Belgium25125.898.189.3-29.1%
Slovenia819864N/A1.1-89.0%
Austria3979512.9N/A-91.5%
Others3,0455,9973,1904,11310.5%
Total5,16310,4895,5386,8489.9%

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from the UK in 2022:

  1. Ireland (1722.2 tons)
  2. Germany (579.8 tons)
  3. China (495.9 tons)
  4. Indonesia (321.9 tons)
  5. United States (213.8 tons)
  6. France (139.9 tons)
  7. Belgium (139.7 tons)
  8. Spain (106.5 tons)
  9. Slovenia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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