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Global PVC Panel Market – U.S. Imports Hit a New Record of $3.6B

Archives, Global Trade Daily, Imports/Exports

Global PVC Panel Market – U.S. Imports Hit a New Record of $3.6B

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IndexBox has just published a new report: ‘World – Floor, Wall Or Ceiling Coverings Of Plastics – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Global PVC Panel Trade 2014-2018

In 2018, approx. 4.4B square meters of floor, wall or ceiling coverings of plastics were imported worldwide; surging by 9.1% against the previous year. Overall, the total imports indicated a strong increase from 2014 to 2018: its volume increased at an average annual rate of +12.4% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plastic panel imports increased by +59.3% against 2014 indices. The pace of growth appeared the most rapid in 2016 with an increase of 17% year-to-year. The global imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, plastic panel imports amounted to $9.8B (IndexBox estimates) in 2018. Overall, the total imports indicated prominent growth from 2014 to 2018: its value increased at an average annual rate of +12.4% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plastic panel imports increased by +53.3% against 2014 indices. The growth pace was the most rapid in 2018 when imports increased by 19% y-o-y. In that year, global plastic panel imports reached their peak and are likely to continue its growth in the immediate term.

PVC Panel Imports by Country

The U.S. was the key importer of floor, wall or ceiling coverings of plastics imported in the world, with the volume of imports reaching 1.2B square meters, which was approx. 27% of total imports in 2018. It was distantly followed by Germany (432M square meters), France (261M square meters), Canada (230M square meters), the UK (206M square meters) and the Netherlands (206M square meters), together achieving a 30% share of total imports. Belgium (130M square meters) and Australia (106M square meters) followed a long way behind the leaders.

The U.S. was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics imports, with a CAGR of +29.4% from 2014 to 2018. At the same time, Canada (+18.7%), Australia (+18.0%), the Netherlands (+14.4%), Belgium (+13.9%), Germany (+11.7%), the UK (+9.3%) and France (+9.1%) displayed positive paces of growth. While the share of the U.S. (+17 p.p.), Germany (+3.5 p.p.), Canada (+2.6 p.p.), the Netherlands (+1.9 p.p.) and France (+1.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($3.6B) constitutes the largest market for imported floor, wall or ceiling coverings of plastics worldwide, comprising 37% of global imports. The second position in the ranking was occupied by Germany ($747M), with a 7.6% share of global imports. It was followed by Canada, with a 5.6% share.

In the U.S., plastic panel imports expanded at an average annual rate of +31.7% over the period from 2014-2018. In the other countries, the average annual rates were as follows: Germany (+6.1% per year) and Canada (+12.9% per year).

PVC Panel Import Prices by Country

In 2018, the average plastic panel import price amounted to $2.2 per square meter, increasing by 9.4% against the previous year. Overall, the plastic panel import price, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2018 an increase of 9.4% against the previous year. The global import price peaked at $2.3 per square meter in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($3.1 per square meter), while the Netherlands ($1.7 per square meter) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced a decline in the import price figures.

PVC Panel Exports by Country

China dominates plastic panel exports structure, finishing at 3.4B square meters, which was near 66% of total exports in 2018. It was distantly followed by South Korea (391M square meters) and Belgium (292M square meters), together comprising a 13% share of total exports. The following exporters – Germany (163M square meters), Luxembourg (105M square meters) and France (88M square meters) – together made up 6.8% of total exports.

China was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics exports, with a CAGR of +20.6% from 2014 to 2018. At the same time, Germany (+9.6%), Belgium (+8.7%), South Korea (+7.5%) and Luxembourg (+1.1%) displayed positive paces of growth. By contrast, France (-2.4%) illustrated a downward trend over the same period. From 2014 to 2018, the share of China, South Korea and Belgium increased by +35%, +1.9% and +1.6% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($4.3B) remains the largest plastic panel supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by Belgium ($749M), with a 8.6% share of global exports. It was followed by South Korea, with a 6.6% share.

Source: IndexBox AI Platform

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Archives, Global Trade Daily, Imports/Exports

TOILET PAPER: A UNIQUELY AMERICAN OBSESSION

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The sight of barren grocery store shelves in the first few weeks of the coronavirus crisis sent thousands of shoppers scrambling for basic supplies – including, in the United States, toilet paper. As of April 1, bathroom tissue remained a sought-after commodity nationwide, out of stock at big-box retailers like Costco and Walmart, and even online at Amazon.

This sudden scarcity has made toilet paper as valuable as any other paper currency. Neighbors using the NextDoor app are bartering toilet paper for eggs and other household essentials, reports Bloomberg, and a recently viral Tik-Tok video showed a man tipping delivery drivers with rolls of toilet paper instead of cash. There’s even been a wave of toilet-paper-related crime. In North Carolina, for instance, sheriff’s deputies found a stolen tractor-trailer carrying 18,000 pounds of bathroom issue, while in Florida, police arrested a man for stealing 66 rolls from a Marriott hotel. A surging number of price-gouging investigations have also focused on the exploitation of desperate shoppers; some chain stores, for example, have reportedly demanded $10 a roll, along with $26 thermometers and $40 for a single pair of face masks.

Americans, however, might be unique in their fixation on toilet paper, despite reports of toilet paper panic-buying in other parts of the world. Americans are not only the world’s largest producers of toilet paper, they are also its most prolific users. In fact in many places globally, toilet paper – along with basic sanitation – is an unimaginable luxury. Toilet paper shortages, it turns out, are truly a first-world worry.

In global toilet paper usage, Americans are on a roll

According to Tissue World Magazine (yes, there is such a thing), North American consumers used an average of 25 kilograms of toilet paper per person in 2018 – or the equivalent of 144 Charmin Mega-Rolls – far outstripping the average global per capita usage of just 5 kilograms a year. By comparison, consumers in western Europe and Japan used only about 15 kilograms per person, while toilet paper usage is close to negligible in Africa, the Middle East and many parts of Asia.

Who Uses the Most Tissue

The vast bulk of the toilet paper Americans use is domestically produced. According to the market forecasting firm IndexBox, just 7.5 percent of Americans’ bathroom tissue is imported. Even so, the United States is still the world’s largest importer of toilet tissue, accounting for 9.4 percent of global imports, according to MIT Media Lab’s Observatory of Economic Complexity (OEC). China, meanwhile is the world’s largest exporter, followed by Germany, Japan, Poland and Italy. China, does not, however, export much of its toilet paper to the United States; rather, 80 percent of Chinese exports end up in other parts of Asia, Africa and Europe. What toilet paper the United States does import comes primarily from Canada and Mexico.

TP imports

Unlike with other categories of consumer goods, Americans don’t rely on foreign toilet paper because its domestic production is so strong. Among the nation’s top manufacturers are global consumer products giants such as Kimberly-Clark (maker of Cottonelle and Scott); Procter & Gamble (the maker of Charmin and creator of Mr. Whipple); and Koch Industries’ Georgia-Pacific (maker of Quilted Northern and Angel Soft). Clearwater Paper Corporation, which reportedly operates one of the world’s largest toilet paper factories in Lewiston, Idaho, is the nation’s biggest maker of store-brand toilet paper, such as for the grocery chain Kroger and for Costco. (According to the Idaho Statesman, each of the factory’s 1300 workers received 36 free rolls of toilet paper, as well as 24 rolls of paper towels, in what another local news outlet described as a “pandemic bonus.”)

Why the world isn’t flush with toilet paper

Global trade in toilet paper totaled $24.4 billion in 2018 – a relatively small figure compared to other consumer goods such as cosmetics ($44.5 billion), shoes ($99.6 billion) or refrigerators ($43.1 billion). International trade accounts for about 22 percent of global tissue consumption, according to one market analysis.

One reason that toilet paper-dependent countries like the United States rely on domestic production is that it’s the cheapest option. The United States, for instance, has plentiful supplies of both virgin and recycled wood pulp, which are the raw materials for toilet paper. And because of its bulk, toilet paper is also expensive to transport, which means that foreign toilet paper would be more costly by comparison – at least as a finished product. In fact, more than a third of the global trade in toilet paper is in so-called “parent rolls” of tissue – giant rolls that are converted by paper mills into smaller rolls and then packaged into the plastic-wrapped six-packs you would (normally) find on the shelf.

But there are other reasons why there is no vast global market for toilet paper, despite the central role it seemingly plays in Americans’ everyday lives. One is the popularity of bidets in many parts of the industrialized world, including in Europe and especially in Asia. As Tissue World Magazine points out, today’s high-tech bidets are stiff competition for low-tech toilet paper. In Japan, for instance, “high-tech toilets based on water and/or air jetting with several additional functions, including automatic lid opening, music, ozone deodorant systems and urinalysis, seem to have had some negative impact on toilet tissue consumption.” Among the most popular of these luxury bidets is the Washlet “personal cleaning system,” manufactured by Japan’s TOTO. In October 2019, the company celebrated its 50 millionth sale of the Washlet.

Bidets are potentially even catching on in the United States – perhaps in part to the current toilet paper panic as well-heeled consumers look for ways to do without toilet paper altogether. Wired, for example, recently reported a spike in Americans’ interest in bidets, including a deluge of calls to domestic bidet manufacturing startup Tushy. “This could be the tipping point that finally gets Americans to adopt the bidet,” CEO Jason Ojalvo told the magazine.

But perhaps the most significant reason the rest of the world doesn’t share Americans’ attachment to toilet paper is that this most basic of human rights – access to sanitation – does not exist in vast swathes of the globe. Not only is toilet paper unavailable, so are toilets.

A global crisis in sanitation

According to the United Nations, more than half the global population – 4.2 billion people – live without access to “safely managed” sanitation, which the UN defines as access to a “hygienic, private toilet that safely disposes of people’s waste.” As many as 673 million resort to “open defecation,” which contributes enormously to the transmission of disease. More than 2 billion people drink water contaminated by feces, the UN further reports.

One tragic result is that 432,000 people die each year from diarrheal diseases as a result of inadequate sanitation, according to the UN, including 297,000 children under the age of five. According to Rose George, author of The Big Necessity: The Unmentionable World of Human Waste and Why It Matters, diarrhea kills a child every 15 seconds. In contrast, she writes, “Modern sanitation has added 20 years to the average human life.”

Unfortunately, just 40 out of 152 countries that have pledged to provide universal sanitation by 2030 are on track to reach this goal, the result of funding shortfalls, increasing water pollution, poor governance and conflict. The current global crisis with COVID-19, certain to ravage the developing world, will set back this progress even more. In fact, the lack of sanitation – including access to clean water for hand hygiene – could accelerate the spread of disease in many parts of the world, adding to the pandemic’s already shocking human toll.

While it’s only a matter of time before U.S. grocery store shelves are stocked again with what Americans consider the most basic of staples, many more nations have far to go before they can experience the luxury of that deprivation.

_________________________________________________________________

Anne Kim is a contributing editor to Washington Monthly and the author of Abandoned: America’s Lost Youth and the Crisis of Disconnection, forthcoming in 2020 from the New Press. Her writings on economic opportunity, social policy, and higher education have appeared in numerous national outlets, including the Washington Monthly, the Washington Post, Governing and Atlantic.com, among others. She is a veteran of the think tanks the Progressive Policy Institute and Third Way as well as of Capitol Hill, where she worked for Rep. Jim Cooper (D-TN). Anne has a law degree from Duke University and a bachelor’s in journalism from the University of Missouri-Columbia.

This article originally appeared on TradeVistas.org. Republished with permission.

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Archives, Global Trade Daily, Imports/Exports

Asia’s Pineapple Market – Japan and China Account for 55% of Total Imports in the Region

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IndexBox has just published a new report: ‘Asia – Pineapples – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the pineapple market in Asia amounted to $12.1B in 2018, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +2.7% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2014 with an increase of 5.5% against the previous year. Over the period under review, the pineapple market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Consumption By Country

The countries with the highest volumes of pineapple consumption in 2018 were the Philippines (2.3M tonnes), Thailand (2.1M tonnes) and Indonesia (1.8M tonnes), with a combined 53% share of total consumption. These countries were followed by India, China, Viet Nam and Taiwan, which together accounted for a further 38%.

From 2013 to 2018, the most notable rate of growth in terms of pineapple consumption, amongst the main consuming countries, was attained by China, while pineapple consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest pineapple markets in Asia were Thailand ($3B), China ($2.2B) and the Philippines ($1.9B), with a combined 59% share of the total market. These countries were followed by India, Indonesia, Viet Nam and Taiwan, Chinese, which together accounted for a further 34%.

The countries with the highest levels of pineapple per capita consumption in 2018 were Thailand (30 kg per person), the Philippines (21 kg per person) and Taiwan (17 kg per person).

From 2013 to 2018, the most notable rate of growth in terms of pineapple per capita consumption, amongst the main consuming countries, was attained by China, while pineapple per capita consumption for the other leaders experienced more modest paces of growth.

Production in Asia

In 2018, approx. 12M tonnes of pineapples were produced in Asia; leveling off at the previous year. The total output volume increased at an average annual rate of +1.5% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The general positive trend in terms of pineapple output was largely conditioned by mild growth of the harvested area and a relatively flat trend pattern in yield figures.

Production By Country

The countries with the highest volumes of pineapple production in 2018 were the Philippines (2.7M tonnes), Thailand (2.1M tonnes) and Indonesia (1.8M tonnes), together accounting for 57% of total production. India, China, Viet Nam and Taiwan, Chinese lagged somewhat behind, together accounting for a further 37%.

From 2013 to 2018, the most notable rate of growth in terms of pineapple production, amongst the main producing countries, was attained by China, while pineapple production for the other leaders experienced more modest paces of growth.

Harvested Area in Asia

The pineapple harvested area stood at 425K ha in 2018, shrinking by -1.8% against the previous year. Overall, the pineapple harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when harvested area increased by 6.3% y-o-y. In that year, the pineapple harvested area reached its peak level of 433K ha, and then declined slightly in the following year.

Yield in Asia

In 2018, the average yield of pineapples in Asia amounted to 27 tonne per ha, remaining relatively unchanged against the previous year. Over the period under review, the pineapple yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when yield increased by 4.9% against the previous year. In that year, the pineapple yield attained its peak level of 28 tonne per ha. From 2016 to 2018, the growth of the pineapple yield remained at a somewhat lower figure.

Imports in Asia

In 2018, the imports of pineapples in Asia amounted to 521K tonnes, surging by 1.7% against the previous year.

In value terms, pineapple imports amounted to $370M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +4.6% from 2013 to 2018. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. In that year, pineapple imports attained their peak of $372M. From 2017 to 2018, the growth of pineapple imports remained at a somewhat lower figure.

Imports by Country

Japan (159K tonnes) and China (126K tonnes) represented roughly 55% of total imports of pineapples in 2018. South Korea (78K tonnes) held the next position in the ranking, distantly followed by the United Arab Emirates (37K tonnes) and Singapore (24K tonnes). All these countries together held approx. 27% share of total imports. The following importers – Turkey (19K tonnes) and Saudi Arabia (16K tonnes) – together made up 6.8% of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($130M), China ($79M) and South Korea ($64M) constituted the countries with the highest levels of imports in 2018, with a combined 74% share of total imports.

Import Prices by Country

In 2018, the pineapple import price in Asia amounted to $709 per tonne, going up by 4.5% against the previous year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($826 per tonne), while Singapore ($362 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

oat market
Archives, Global Trade Daily, Imports/Exports

U.S. Oat Market – Key Statistics, Trends, and Insights

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IndexBox has just published a new report: ‘U.S. – Oats – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the oat market in the U.S. amounted to $525M in 2018, increasing by 6.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

In general, oat consumption, however, continues to indicate a temperate decrease. The pace of growth appeared the most rapid in 2008 with an increase of 26% year-to-year. In that year, the oat market attained its peak level of $861M. From 2009 to 2018, the growth of the oat market failed to regain its momentum.

Production in the U.S.

In 2018, the production of oats in the U.S. amounted to 815K tonnes, jumping by 13% against the previous year. In general, oat production, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. Oat production peaked at 1.3M tonnes in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure. Oat output in the U.S. indicated a drastic setback, which was largely conditioned by a deep deduction of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, oat production amounted to $288M in 2018. In general, oat production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when production volume increased by 88% against the previous year. Oat production peaked at $426M in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Harvested Area in the U.S.

Oat harvested area in the U.S. amounted to 350K ha in 2018, surging by 7.6% against the previous year. In general, the oat harvested area, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2015 when harvested area increased by 23% y-o-y. Over the period under review, the harvested area dedicated to oat production attained its maximum at 609K ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Yield in the U.S.

In 2018, the average yield of oats in the U.S. amounted to 2.3 tonne per ha, jumping by 5.2% against the previous year. Overall, the oat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when yield increased by 6.8% against the previous year. Oat yield peaked at 2.5 tonne per ha in 2015; however, from 2016 to 2018, yield stood at a somewhat lower figure.

Exports from the U.S.

Oat exports from the U.S. stood at 28K tonnes in 2018, going down by -35.3% against the previous year. Over the period under review, oat exports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 when exports increased by 65% year-to-year. In that year, oat exports reached their peak of 57K tonnes. From 2009 to 2018, the growth of oat exports remained at a lower figure.

In value terms, oat exports totaled $10M (IndexBox estimates) in 2018. Overall, oat exports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2008 with an increase of 81% against the previous year. Over the period under review, oat exports attained their peak figure at $16M in 2017, and then declined slightly in the following year.

Exports by Country

Canada (9.4K tonnes) was the main destination for oat exports from the U.S., accounting for a 33% share of total exports. Moreover, oat exports to Canada exceeded the volume sent to the second major destination, Japan (4.2K tonnes), twofold. Taiwan, Chinese (2.6K tonnes) ranked third in terms of total exports with a 9% share.

From 2007 to 2018, the average annual growth rate of volume to Canada totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+19.1% per year) and Taiwan, Chinese (+8.4% per year).

In value terms, the largest markets for oat exported from the U.S. were Japan ($2.4M), Canada ($2M) and China, Hong Kong SAR ($1.3M), with a combined 58% share of total exports. Mexico, Taiwan, Chinese, Singapore, China, Belize, Trinidad and Tobago and the Dominican Republic lagged somewhat behind, together comprising a further 27%.

China (+54.2% per year) experienced the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oat export price stood at $354 per tonne in 2018, remaining relatively unchanged against the previous year. Over the period under review, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +4.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices for oats attained their peak figure at $384 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($1,037 per tonne), while the average price for exports to Canada ($216 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, approx. 1.5M tonnes of oats were imported into the U.S.; growing by 12% against the previous year. Overall, oat imports, however, continue to indicate a temperate slump. The most prominent rate of growth was recorded in 2014 when imports increased by 26% against the previous year. Imports peaked at 1.9M tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, oat imports amounted to $329M (IndexBox estimates) in 2018. Over the period under review, oat imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2008 when imports increased by 45% against the previous year. In that year, oat imports attained their peak of $541M. From 2009 to 2018, the growth of oat imports failed to regain its momentum.

Imports by Country

In 2018, Canada (1.5M tonnes) was the main oat supplier to the U.S., accounting for a 97% share of total imports. It was followed by Sweden (27K tonnes), with a 1.8% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Canada amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.9% per year) and Finland (+6.0% per year).

In value terms, Canada ($320M) constituted the largest supplier of oat to the U.S., comprising 97% of total oat imports. The second position in the ranking was occupied by Sweden ($4.4M), with a 1.4% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Canada totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.7% per year) and Finland (+5.4% per year).

Import Prices by Country

In 2018, the average oat import price amounted to $219 per tonne, declining by -10.4% against the previous year. Overall, the oat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by 71% against the previous year. In that year, the average import prices for oats attained their peak level of $339 per tonne. From 2009 to 2018, the growth in terms of the average import prices for oats remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Canada ($220 per tonne), while the price for Sweden ($167 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

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Archives, Global Trade Daily, News

Global Market for Meat Flour, Meals And Pellets 2020: Exports is Under Pressure

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IndexBox has just published a new report: ‘World – Flours, Meals And Pellets Of Meat Or Meat Offal – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The global meat meals and pellets market revenue amounted to $23.1B in 2018, jumping by 6% against the previous year. In general, the total market indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +2.1% over the last eleven years.

However, the intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.

Consumption By Country

China (6.6M tonnes) remains the largest meat meals and pellets consuming country worldwide, comprising approx. 17% of total volume. Moreover, meat meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.3M tonnes), twofold. The third position in this ranking was occupied by India (2.6M tonnes), with a 6.6% share.

In China, meat meals and pellets consumption increased at an average annual rate of +2.4% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (-0.1% per year) and India (+2.8% per year).

Exports 2007-2018

In 2018, approx. 4.4M tonnes of flours, meals and pellets of meat or meat offal were exported worldwide; going up by 14% against the previous year. Overall, meat meals and pellets exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 26% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat meals and pellets exports amounted to $2.2B (IndexBox estimates) in 2018. Over the period under review, meat meals and pellets exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008 with an increase of 37% year-to-year. Over the period under review, global meat meals and pellets exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the U.S. (969K tonnes), distantly followed by the Netherlands (434K tonnes), Germany (354K tonnes), Australia (300K tonnes), France (298K tonnes), Spain (224K tonnes) and Poland (214K tonnes) represented the main exporters of flours, meals and pellets of meat or meat offal, together comprising 64% of total exports. The following exporters – Italy (196K tonnes), Brazil (168K tonnes), New Zealand (157K tonnes), Belgium (155K tonnes) and the UK (94K tonnes) – together made up 18% of total exports.

From 2007 to 2018, average annual rates of growth with regard to meat meals and pellets exports from the U.S. stood at +11.6%. At the same time, Poland (+30.8%), the Netherlands (+15.1%), Spain (+14.7%), France (+13.9%), the UK (+11.9%), Belgium (+11.6%), Germany (+10.6%), Brazil (+8.2%) and Italy (+7.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.8% from 2007-2018. Australia and New Zealand experienced a relatively flat trend pattern. While the share of the U.S. (+15 p.p.), the Netherlands (+7.8 p.p.), Germany (+5.4 p.p.), France (+5.2 p.p.), Poland (+4.6 p.p.), Spain (+4 p.p.), Italy (+2.5 p.p.), Belgium (+2.5 p.p.), Brazil (+2.2 p.p.) and the UK (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($564M) remains the largest meat meals and pellets supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by Australia ($219M), with a 10% share of global exports. It was followed by the Netherlands, with a 9.5% share.

In the U.S., meat meals and pellets exports increased at an average annual rate of +15.1% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+6.8% per year) and the Netherlands (+18.2% per year).

Export Prices by Country

In 2018, the average meat meals and pellets export price amounted to $497 per tonne, rising by 2.2% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2008 an increase of 18% against the previous year. Over the period under review, the average export prices for flours, meals and pellets of meat or meat offal reached their maximum at $576 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($730 per tonne), while Belgium ($327 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

Global imports stood at 4M tonnes in 2018, surging by 14% against the previous year. Over the period under review, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +9.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat meals and pellets imports increased by +165.5% against 2007 indices. The pace of growth was the most pronounced in 2008 when imports increased by 27% y-o-y. Over the period under review, global meat meals and pellets imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, meat meals and pellets imports stood at $2B (IndexBox estimates) in 2018. Overall, meat meals and pellets imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2008 when imports increased by 39% y-o-y. The global imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The countries with the highest levels of meat meals and pellets imports in 2018 were Viet Nam (412K tonnes), the Philippines (336K tonnes), Thailand (315K tonnes), China (307K tonnes), Italy (291K tonnes), the U.S. (233K tonnes), the Netherlands (202K tonnes), Germany (157K tonnes), Mexico (144K tonnes), Chile (134K tonnes), France (108K tonnes) and Canada (80K tonnes), together reaching 68% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest meat meals and pellets importing markets worldwide were China ($207M), Viet Nam ($156M) and Thailand ($155M), together comprising 26% of global imports. These countries were followed by the U.S., the Philippines, Germany, the Netherlands, Italy, France, Chile, Canada and Mexico, which together accounted for a further 42%.

In terms of the main importing countries, the Philippines recorded the highest growth rate of the value of imports, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average meat meals and pellets import price stood at $504 per tonne in 2018, reducing by -2.8% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. In that year, the average import prices for flours, meals and pellets of meat or meat offal attained their peak level of $610 per tonne. From 2014 to 2018, the growth in terms of the average import prices for flours, meals and pellets of meat or meat offal remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($869 per tonne), while Italy ($300 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

feldspar
Archives, Global Trade Daily, News

Global Feldspar Market Reached $2.1B, Growing for the Second Consecutive Year

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IndexBox has just published a new report: ‘World – Feldspar – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global feldspar market revenue amounted to $2.1B in 2018, growing by 7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.6% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the global feldspar market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Consumption By Country

The countries with the highest volumes of feldspar consumption in 2018 were Italy (5.4M tonnes), China (3.6M tonnes) and Spain (3.2M tonnes), together comprising 48% of global consumption. In these countries, feldspar is consumed mainly by the well-established domestic ceramic industry. Thailand, Iran, Russia, Poland, India, Pakistan, France, Bangladesh and Taiwan, Chinese lagged somewhat behind, together comprising a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of feldspar consumption, amongst the main consuming countries, was attained by Pakistan, while feldspar consumption for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($231M), China ($202M) and Poland ($158M) constituted the countries with the highest levels of market value in 2018, with a combined 28% share of the global market. These countries were followed by Spain, Pakistan, India, France, Thailand, Iran, Russia, Bangladesh and Taiwan, Chinese, which together accounted for a further 25%.

The countries with the highest levels of feldspar per capita consumption in 2018 were Italy (91 kg per person), Spain (69 kg per person) and Poland (25 kg per person).

Market Forecast 2019-2025

Driven by increasing demand for feldspar worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.5% for the period from 2018 to 2030, which is projected to bring the market volume to 34M tonnes by the end of 2030.

Production 2007-2018

In 2018, approx. 25M tonnes of feldspar were produced worldwide; flattening at the previous year. The total output volume increased at an average annual rate of +1.3% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Production By Country

The countries with the highest volumes of feldspar production in 2018 were Turkey (6.6M tonnes), China (4M tonnes) and Italy (3M tonnes), with a combined 54% share of global production. These countries were followed by India, Thailand, Iran, Pakistan, France, Spain, Poland, the Czech Republic and the U.S., which together accounted for a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of feldspar production, amongst the main producing countries, was attained by Pakistan, while feldspar production for the other global leaders experienced more modest paces of growth.

Exports 2007-2018

In 2018, the global exports of feldspar stood at 10M tonnes, going up by 6.3% against the previous year. In general, the total exports indicated a measured expansion from 2007 to 2018: its volume increased at an average annual rate of +2.5% over the last eleven-year period. The global exports peaked in 2018 and are expected to retain its growth in the immediate term. In value terms, feldspar exports totaled $447M (IndexBox estimates) in 2018.

Exports by Country

Turkey dominates feldspar exports structure, resulting at 6.7M tonnes, which was approx. 66% of total exports in 2018. India (642K tonnes) held a 6.3% share (based on tonnes) of total exports, which put it in second place, followed by China (4.9%) and Ukraine (4.8%). The following exporters – Thailand (412K tonnes), Italy (266K tonnes) and the Czech Republic (259K tonnes) – together made up 9.3% of total exports.

Exports from Turkey increased at an average annual rate of +4.0% from 2007 to 2018. At the same time, Ukraine (+17.6%), the Czech Republic (+4.0%), Thailand (+3.9%) and India (+2.8%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.6% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, China (-7.8%) illustrated a downward trend over the same period.

In value terms, Turkey ($206M) remains the largest feldspar supplier worldwide, comprising 46% of global exports. The second position in the ranking was occupied by India ($47M), with a 11% share of global exports. It was followed by China, with a 6.4% share.

Export Prices by Country

The average feldspar export price stood at $44 per tonne in 2018, rising by 6.8% against the previous year. Overall, the feldspar export price, however, continues to indicate a relatively flat trend pattern. The global export price peaked at $55 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was India ($73 per tonne), while Turkey ($31 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 10M tonnes of feldspar were imported worldwide; jumping by 16% against the previous year. Over the period under review, the total imports indicated a pronounced increase from 2007 to 2018: its volume increased at an average annual rate of +3.6% over the last eleven-year period. In value terms, feldspar imports totaled $532M (IndexBox estimates) in 2018.

Imports by Country

Spain (2,813K tonnes) and Italy (2,705K tonnes) represented roughly 53% of total imports of feldspar in 2018. Russia (664K tonnes) held the next position in the ranking, followed by Bangladesh (528K tonnes) and Taiwan, Chinese (486K tonnes). All these countries together occupied near 16% share of total imports. Poland (437K tonnes), the United Arab Emirates (386K tonnes), Indonesia (232K tonnes) and Viet Nam (216K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest feldspar importing markets worldwide were Italy ($110M), Spain ($104M) and Russia ($29M), with a combined 46% share of global imports. Poland, Bangladesh, Taiwan, Chinese, Indonesia, Viet Nam and the United Arab Emirates lagged somewhat behind, together accounting for a further 23%.

Import Prices by Country

In 2018, the average feldspar import price amounted to $51 per tonne, approximately mirroring the previous year. Over the period under review, the feldspar import price, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Indonesia ($89 per tonne), while Spain ($37 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

rye
Archives, Global Trade Daily, Imports/Exports

U.S. Rye Production Dropped for a Third Consecutive Year in 2018

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IndexBox has just published a new report: ‘U.S. – Rye – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The U.S. rye market rose by 16% to reach  $362M in 2018. Over the last decade, rye consumption continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 29% against the previous year. Rye consumption peaked at $364M in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Market Forecast

Driven by increasing demand for rye in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.4% for the period from 2018 to 2030, which is projected to bring the market volume to 728K tonnes by the end of 2030.

U.S. Production

Rye production in the U.S. totaled 214K tonnes in 2018, going down by -17.8% against the previous year. Based on 2018 figures, rye production decreased by -26.7% against 2015 indices. The pace of growth was the most pronounced in 2015 when production volume increased by 60% against the previous year. In that year, rye production attained its peak volume of 292K tonnes. From 2016 to 2018, rye production growth failed to regain its momentum.

Harvested Area and Yield

In 2018, the rye harvested area in the U.S. stood at 110K ha, lowering by -9% against the previous year. The average yield of rye totaled 1.9 tonne per ha, shrinking by -9.6% against the previous year. From 2007 to 2018, the yield figure increased at an average annual rate of +1.9% over the period .

Exports from the U.S.

Rye exports from the U.S. amounted to 3.6K tonnes in 2018, lowering by -13% against the previous year.

In value terms, rye exports amounted to $3.6M (IndexBox estimates) in 2018. Over the period under review, rye exports reached their peak figure at $6.6M in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

South Korea (583 tonnes), Japan (392 tonnes) and Canada (135 tonnes) were the main destinations of rye exports from the U.S., with a combined 31% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan, while exports for the other leaders experienced a decline.

Export Prices by Country

In 2018, the average rye export price amounted to $993 per tonne, growing by 16% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($4,780 per tonne), while the average price for exports to the U.S. ($993 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the amount of rye imported into the U.S. amounted to 279K tonnes, jumping by 53% against the previous year. In value terms, rye imports stood at $68M (IndexBox estimates) in 2018.

Imports by Country

Canada (162K tonnes), Germany (85K tonnes) and Sweden (23K tonnes) were the main suppliers of rye imports to the U.S., together comprising 97% of total imports. These countries were followed by Denmark, which accounted for a further 2.7%.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($43M) constituted the largest supplier of rye to the U.S., comprising 14% of total rye imports. The second position in the ranking was occupied by Germany ($18M), with a 5.8% share of total imports. It was followed by Sweden, with a 1.3% share.

From 2007 to 2018, the average annual growth rate of value from Canada amounted to +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Sweden (+14.2% per year).

Import Prices by Country

In 2018, the average rye import price amounted to $242 per tonne, shrinking by -2.5% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Denmark ($317 per tonne), while the price for Sweden ($172 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

salt
Archives, Global Trade Daily, International Trade

Asia’s Salt Market – India is the Largest and Fastest Growing Exporter in the Region

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IndexBox has just published a new report: ‘Asia – Salt – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the salt market in Asia amounted to $8.3B in 2018, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.8% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

Consumption By Country

China (74M tonnes) remains the largest salt consuming country in Asia, comprising approx. 57% of total consumption. Moreover, salt consumption in China exceeded the figures recorded by the region’s second-largest consumer, India (16M tonnes), fivefold. The third position in this ranking was occupied by Japan (5.7M tonnes), with a 4.4% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China stood at +1.5%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+0.8% per year) and Japan (-0.9% per year).

In value terms, China ($5.3B) led the market, alone. The second position in the ranking was occupied by Pakistan ($435M). It was followed by Japan.

In 2018, the highest levels of salt per capita consumption was registered in Taiwan, Chinese (134 kg per person), followed by Turkey (63 kg per person), Saudi Arabia (61 kg per person) and South Korea (53 kg per person), while the world average per capita consumption of salt was estimated at 28 kg per person.

In Taiwan, Chinese, salt per capita consumption remained relatively stable over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Turkey (+5.3% per year) and Saudi Arabia (+0.7% per year).

Production in Asia

In 2018, approx. 124M tonnes of salt and pure sodium chloride were produced in Asia; growing by 2.1% against the previous year. The total output volume increased at an average annual rate of +2.3% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when production volume increased by 14% y-o-y. In that year, salt production reached its peak volume of 124M tonnes. From 2014 to 2018, salt production growth failed to regain its momentum.

In value terms, salt production totaled $8.2B in 2018 estimated in export prices. The total output value increased at an average annual rate of +3.3% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Exports in Asia

In 2018, approx. 16M tonnes of salt and pure sodium chloride were exported in Asia; going up by 21% against the previous year. In general, salt exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of 44% year-to-year. The volume of exports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, salt exports amounted to $528M (IndexBox estimates) in 2018. In general, salt exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when exports increased by 49% y-o-y. Over the period under review, salt exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

India prevails in salt exports structure, reaching 13M tonnes, which was approx. 79% of total exports in 2018. It was distantly followed by China (1,448K tonnes), committing a 9% share of total exports. The following exporters – Kazakhstan (377K tonnes), Turkey (375K tonnes) and Pakistan (301K tonnes) – each finished at a 6.5% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to salt exports from India stood at +25.1%. At the same time, Kazakhstan (+53.6%), Turkey (+26.7%), Pakistan (+18.1%) and China (+5.9%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter in Asia, with a CAGR of +53.6% from 2007-2018. While the share of India (+73 p.p.), China (+4.2 p.p.), Kazakhstan (+2.3 p.p.), Turkey (+2.2 p.p.) and Pakistan (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($227M) remains the largest salt supplier in Asia, comprising 43% of total salt exports. The second position in the ranking was occupied by China ($93M), with a 18% share of total exports. It was followed by Pakistan, with a 9.8% share.

In India, salt exports increased at an average annual rate of +22.2% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China (+9.1% per year) and Pakistan (+28.6% per year).

Export Prices by Country

In 2018, the salt export price in Asia amounted to $33 per tonne, dropping by -2.5% against the previous year. Overall, the salt export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2008 when the export price increased by 26% year-to-year. In that year, the export prices for salt and pure sodium chloride reached their peak level of $63 per tonne. From 2009 to 2018, the growth in terms of the export prices for salt and pure sodium chloride failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Pakistan ($171 per tonne), while India ($18 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Recovered fibre pulp
Archives, Global Trade Daily, Imports/Exports

China’s Recovered Fibre Pulp Market to Reach 82M Tonnes by 2025

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IndexBox has just published a new report: ‘China – Recovered Fiber Pulp – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the recovered fibre pulp market in China amounted to $23.3B in 2018, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +4.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, recovered fibre pulp consumption decreased by -23.7% against 2015 indices. The growth pace was the most rapid in 2012 when the market value increased by 32% y-o-y. Recovered fibre pulp consumption peaked at $30.5B in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Market Forecast 2019-2025 in China

Driven by increasing demand for recovered fibre pulp in China, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +3.8% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 82M tonnes by the end of 2025.

Production in China

In 2018, the recovered fibre pulp production in China stood at 63M tonnes, leveling off at the previous year. The total output volume increased at an average annual rate of +4.2% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of 13% against the previous year. Recovered fibre pulp production peaked at 63M tonnes in 2015; however, from 2016 to 2018, production failed to regain its momentum.

In value terms, recovered fibre pulp production amounted to $22.8B in 2018 estimated in export prices. In general, recovered fibre pulp production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011 with an increase of 47% against the previous year. Over the period under review, recovered fibre pulp production reached its maximum level at $33.3B in 2015; however, from 2016 to 2018, production remained at a lower figure.

Exports from China

In 2018, approx. 549 tonnes of recovered fibre pulp were exported from China; increasing by 3% against the previous year. Overall, the total exports indicated a conspicuous increase from 2007 to 2018: its volume increased at an average annual rate of +3.0% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, recovered fibre pulp exports decreased by -5.2% against 2016 indices. The most prominent rate of growth was recorded in 2012 when exports increased by 55% against the previous year. Over the period under review, recovered fibre pulp exports attained their maximum at 579 tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, recovered fibre pulp exports amounted to $198K (IndexBox estimates) in 2018. Over the period under review, recovered fibre pulp exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2012 with an increase of 114% y-o-y. Exports peaked at $282K in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China, Hong Kong SAR (93 tonnes), Kyrgyzstan (76 tonnes) and the U.S. (74 tonnes) were the main destinations of recovered fibre pulp exports from China, together accounting for 44% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S. (+55.3% per year), while the other leaders experienced more modest paces of growth.

In value terms, Kyrgyzstan ($45K), South Korea ($27K) and the U.S. ($24K) appeared to be the largest markets for recovered fibre pulp exported from China worldwide, with a combined 49% share of total exports.

Among the main countries of destination, Kyrgyzstan (+50.3% per year) experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average recovered fibre pulp export price amounted to $361 per tonne, therefore, remained relatively stable against the previous year. Overall, the recovered fibre pulp export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices for recovered fibre pulp reached their maximum at $525 per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($1,273 per tonne), while the average price for exports to Togo ($53 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Imports into China

In 2018, the imports of recovered fibre pulp into China totaled 11K tonnes, going down by -3.9% against the previous year. In general, recovered fibre pulp imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2009 when imports increased by 85% y-o-y. In that year, recovered fibre pulp imports reached their peak of 20K tonnes. From 2010 to 2018, the growth of recovered fibre pulp imports failed to regain its momentum.

In value terms, recovered fibre pulp imports amounted to $5.9M (IndexBox estimates) in 2018. Overall, recovered fibre pulp imports continue to indicate a temperate decrease. The pace of growth was the most pronounced in 2009 with an increase of 97% y-o-y. Over the period under review, recovered fibre pulp imports attained their peak figure at $12M in 2010; however, from 2011 to 2018, imports remained at a lower figure.

Imports by Country

Malaysia (3.4K tonnes), Indonesia (2.9K tonnes) and the U.S. (2.9K tonnes) were the main suppliers of recovered fibre pulp imports to China, with a combined 81% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Indonesia (+68.3% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($1.8M), Indonesia ($1.5M) and Malaysia ($1.4M) were the largest recovered fibre pulp suppliers to China, with a combined 79% share of total imports.

In terms of the main suppliers, Indonesia (+65.2% per year) recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average recovered fibre pulp import price amounted to $512 per tonne, increasing by 1.8% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2010 when the average import price increased by 24% year-to-year. Over the period under review, the average import prices for recovered fibre pulp reached their maximum at $610 per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Saudi Arabia ($961 per tonne), while the price for South Africa ($364 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

paper dishes
Archives, EU Trade, Global Trade Daily

The EU Paper Dishes And Cups Imports Soar, Boosted by Rising Demand in Western Europe

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IndexBox has just published a new report: ‘EU – Paper Trays, Dishes, Plates And Cups – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the paper dishes and cups market in the European Union amounted to $1.4B in 2018. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.1% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period.

Consumption by Country

The countries with the highest volumes of paper dishes and cups consumption in 2018 were the UK (111K tonnes), Germany (71K tonnes) and France (36K tonnes), together accounting for 51% of total consumption.

From 2007 to 2018, the most notable rate of growth in terms of paper dishes and cups consumption, amongst the main consuming countries, was attained by the UK, while paper dishes and cups consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest paper dishes and cups markets in the European Union were the UK ($376M), Germany ($238M) and France ($128M), with a combined 54% share of the total market. Italy, the Netherlands, Spain, Belgium, Sweden, Romania, Hungary, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 33%.

The countries with the highest levels of paper dishes and cups per capita consumption in 2018 were the UK (1,667 kg per 1000 persons), the Netherlands (1,396 kg per 1000 persons) and Sweden (1,157 kg per 1000 persons).

Exports in the EU

In 2018, the amount of paper trays, dishes, plates and cups exported in the European Union stood at 202K tonnes, going up by 9.9% against the previous year. The total export volume increased at an average annual rate of +4.2% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. In value terms, paper dishes and cups exports stood at $791M (IndexBox estimates) in 2018.

Exports by Country

Italy represented the largest exporter of paper trays, dishes, plates and cups exported in the European Union, with the volume of exports resulting at 64K tonnes, which was approx. 32% of total exports in 2018. Germany (22K tonnes) took an 11% share (based on tonnes) of total exports, which put it in second place, followed by Poland (10%), the UK (9.5%), Finland (6.8%), Spain (6.4%) and the Netherlands (4.8%).

From 2007 to 2018, average annual rates of growth with regard to paper dishes and cups exports from Italy stood at +3.1%. At the same time, the Netherlands (+15.4%), Poland (+10.0%), Spain (+8.4%), the UK (+2.5%) and Germany (+1.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +15.4% from 2007-2018. By contrast, Finland (-1.4%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Italy, Poland, Spain, the Netherlands and the UK increased by +9.1%, +6.7%, +3.8%, +3.8% and +2.2% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($276M) remains the largest paper dishes and cups supplier in the European Union, comprising 35% of total paper dishes and cups exports. The second position in the ranking was occupied by Germany ($86M), with a 11% share of total exports. It was followed by the UK, with a 10% share.

Export Prices by Country

The paper dishes and cups export price in the European Union stood at $3,914 per tonne in 2018, increasing by 3.3% against the previous year. Over the period under review, the paper dishes and cups export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($4,651 per tonne), while Finland ($2,981 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, approx. 288K tonnes of paper trays, dishes, plates and cups were imported in the European Union; picking up by 11% against the previous year. In general, paper dishes and cups imports continue to indicate resilient growth. The volume of imports peaked in 2018 and are likely to continue its growth in the near future. In value terms, paper dishes and cups imports amounted to $912M (IndexBox estimates) in 2018.

Imports by Country

The imports of the four major importers of paper trays, dishes, plates and cups, namely the UK, Germany, the Netherlands and France, represented more than half of total import. Sweden (14K tonnes) took a 4.9% share (based on tonnes) of total imports, which put it in second place, followed by Spain (4.9%). The following importers – Belgium (13K tonnes), Ireland (9K tonnes), Italy (8.5K tonnes), Greece (8.2K tonnes), Austria (8.1K tonnes) and Romania (7K tonnes) – together made up 19% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Romania, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($147M), the UK ($134M) and France ($113M) were the countries with the highest levels of imports in 2018, together accounting for 43% of total imports. These countries were followed by the Netherlands, Sweden, Belgium, Spain, Ireland, Italy, Austria, Romania and Greece, which together accounted for a further 42%.

Import Prices by Country

The paper dishes and cups import price in the European Union stood at $3,160 per tonne in 2018, growing by 1.6% against the previous year. In general, the paper dishes and cups import price, however, continues to indicate a mild deduction.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($3,706 per tonne), while the UK ($2,354 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform