United Kingdom: Asphalted Paper Market 2024

Asphalted Paper Market Size in the UK

The UK asphalted paper market expanded modestly to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, faced a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Asphalted Paper Production in the UK

In value terms, asphalted paper production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Asphalted paper production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Asphalted Paper Exports

Exports from the UK

In 2022, asphalted paper exports from the UK fell notably to X tons, which is down by X% against 2021 figures. Over the period under review, exports, however, showed mild growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, asphalted paper exports contracted significantly to $X in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for asphalted paper exports from the UK, with a X% share of total exports. Moreover, asphalted paper exports to Ireland exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and France (X% per year).

In value terms, Ireland ($X) remains the key foreign market for tarred, bituminised or asphalted paper and paperboard exports from the UK, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with an X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the United States (X% per year).

Export Prices by Country

The average asphalted paper export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt slump. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Mexico ($X per ton), while the average price for exports to the Netherlands ($X 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 France (X%), while the prices for the other major destinations experienced a decline.

Asphalted Paper Imports

Imports into the UK

In 2022, purchases abroad of tarred, bituminised or asphalted paper and paperboard decreased by X% to X tons, falling for the fifth year in a row after two years of growth. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, asphalted paper imports contracted significantly to $X in 2022. In general, imports saw a perceptible contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of asphalted paper to the UK, with a X% share of total imports. Moreover, asphalted paper imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the United States (X% per year).

In value terms, the largest asphalted paper suppliers to the UK were Spain ($X), Italy ($X) and China ($X), with a combined X% share of total imports. Switzerland, the United States, Germany and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average asphalted paper import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asphalted paper import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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