Bleached Sulphate Pulp Price in Serbia - 2023

Contents:

  1. Bleached Sulphate Pulp Price in Serbia (CIF) - 2023
  2. Bleached Sulphate Pulp Price in Serbia (FOB) - 2022
  3. Bleached Sulphate Pulp Imports in Serbia
  4. Bleached Sulphate Pulp Exports in Serbia

Bleached Sulphate Pulp Price in Serbia (CIF) - 2023

In November 2023, the average bleached sulphate pulp import price amounted to $629 per ton, picking up by 4.3% against the previous month. Overall, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 4.6% m-o-m. As a result, import price attained the peak level of $1,027 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were Estonia ($833 per ton) and Finland ($812 per ton), while the price for Spain ($566 per ton) and Bulgaria ($592 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Estonia (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Bleached Sulphate Pulp Price in Serbia (FOB) - 2022

The average bleached sulphate pulp export price stood at $751 per ton in 2022, waning by -4.8% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. The export price peaked at $1,640 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2013 to 2022, the rate of growth in terms of prices for Hungary amounted to -2.2% per year.

Bleached Sulphate Pulp Imports in Serbia

In 2022, imports of bleached sulphate pulp into Serbia rose slightly to 70K tons, surging by 4.7% against the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 76K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bleached sulphate pulp imports surged to $64M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bleached Sulphate Pulp in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelarusN/A1.55.134.7381.0%
Bulgaria3.91.93.310.940.9%
Slovakia2.76.65.25.325.2%
Spain2.93.02.92.6-3.6%
Canada1.11.41.52.327.9%
Germany0.81.31.52.035.7%
Finland4.80.71.01.5-32.1%
Austria1.40.90.71.3-2.4%
Brazil1.51.71.20.1-59.5%
Netherlands2.10.94.4N/A44.7%
Romania3.13.12.8N/A-5.0%
Others17.917.516.13.3-43.1%
Total42.240.645.964.014.9%

Top Suppliers of Bleached Sulphate Pulp to Serbia in 2022:

  1. Belarus (37.1K tons)
  2. Bulgaria (11.9K tons)
  3. Slovakia (6.7K tons)
  4. Spain (3.2K tons)
  5. Germany (2.4K tons)
  6. Canada (2.3K tons)
  7. Finland (1.5K tons)
  8. Austria (1.5K tons)
  9. Brazil (0.2K tons)

Bleached Sulphate Pulp Exports in Serbia

In 2022, after two years of growth, there was significant decline in overseas shipments of bleached sulphate pulp, when their volume decreased by -92.9% to 27 tons. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 3,670%. As a result, the exports reached the peak of 377 tons, and then shrank remarkably in the following year.

In value terms, bleached sulphate pulp exports shrank significantly to $20K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 5,185%. As a result, the exports reached the peak of $297K, and then dropped significantly in the following year.

Export of Bleached Sulphate Pulp in Serbia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Bosnia and HerzegovinaN/A29620.1-93.2%
Others5.60.8N/A-85.7%
Total5.629720.189.5%

Top Export Markets for Bleached Sulphate Pulp from Serbia in 2022:

  1. Bosnia and Herzegovina (26.8 tons)

Source: IndexBox Market Intelligence Platform

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