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Paper, paperboard and woodpulp markets, 2010-2011Author(s): Peter Ince; Eduard Akim; Bernard Lombard; Tomas Parik; Anastasia Tolmatsova
Source: Forest products annual market review, 2010-2011: Chapter 8. Geneva timber and forest study papers ; 27. Geneva, Switzerland : United Nations Economic Commission for Europe (UNECE) and Food and Agriculture Organization of the United Nations (FAO), 2011: p. 71-84: ISBN: 978211170504: 9211170508.
Publication Series: Book Chapter
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DescriptionPaper and paperboard output rebounded along with overall industrial production in both Europe and the United States, but has not yet fully recovered to the peak levels of 2007-2008. Generally more robust market conditions prevailed from 2010 to early 2011, with higher consumption and prices for most pulp, paper and paperboard commodities. Prices reached a plateau by late 2010 and may have peaked in a cycle that began with rebound from the global financial crisis of 2008-2009; but prices still remained high in early 2011. The Russian Federation is seeing an almost complete recovery of pulp and paper output to the levels that preceded the global financial crisis of 2008-2009. European pulp, paper and paperboard output rebounded in 2010 after declining in 2008-2009, but the production levels before the crisis have not yet been reached. Similarly, US production of pulp, paper and paperboard all rebounded from the sharp declines of 2008-2009, but production levels in 2010-2011 remained below previous cyclical peak levels. A major project to expand use of larch was initiated in the Russian Federation, while wood pellet output and wood energy use also expanded in the Russian pulp and paper industry. The market rebound coincides with expanding industry interest in the contributions of paper and paperboard products to green and sustainable development. Green and sustainable product features such as use of renewable resources and product recyclability help support sustainability initiatives and an evolving symbiotic relationship between pulp and paper market development and the green economy. The theme of sustainability resonates among pulp and paper enterprises throughout the UNECE region as firms develop pathways to help achieve product innovation and market growth, such as biorefining, bioenergy production, and development of nano-cellulose technology.
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CitationInce, Peter; Akim, Eduard; Lombard, Bernard; Parik, Tomas; Tolmatsova, Anastasia. 2011. Paper, paperboard and woodpulp markets, 2010-2011. In: Forest products annual market review, 2010-2011: Chapter 8. Geneva timber and forest study papers ; 27. Geneva, Switzerland : United Nations Economic Commission for Europe (UNECE) and Food and Agriculture Organization of the United Nations (FAO), 2011: p. 71-84: ISBN: 978211170504: 9211170508.
KeywordsPaper, paperboard, wood pulp, markets, Europe, United States, industrial production, consumption, market prices, Russia, recovery, larch, wood pellets, green development, sustainability, renewable resources, recycling, biorefining, bioenergy, product innovation, market growth, nanotechnology, nanocellulose
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- Pulp and paper markets peaking amid slow economy, rising input costs, and erosion of profits : markets for paper, paperboard and woodpulp, 2007-2008
- Pulp and paper demand deteriorates as global economic crisis takes hold : markets for paper, paperboard and woodpulp, 2008-2009
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