Unbleached Kraft paper Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Unbleached Kraft Paper in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Unbleached Kraft Paper Price Trend for the Second Half of 2023

Unbleached kraft paper prices were observed to be oscillating in a narrow range during the second half of the year 2023. The first three months were slightly firm on the price front as the price trend registered very gentle inclinations during this period. Going forward, as the fourth quarter arrived, the prices tumbled because of the sudden fall in downstream demands from the paper industry; however, then the market stabilized and experienced borderline stagnancy for the remainder of the period.

Unbleached Kraft paper Price Chart

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In the Indian unbleached kraft paper market, the monthly average prices went from around 453 USD/MT in July’23 to about 460 USD/MT in December’23. This called for a marginal half-yearly movement of around 1% in the Indian unbleached kraft paper market, reflecting well the stable nature of the unbleached kraft paper industry.

Analyst Insight

According to Procurement Resource, the Unbleached Kraft Paper market is expected to continue to behave in a similar manner going forward; the prices are estimated to oscillate in a narrow range.

Unbleached Kraft Paper Price Trend for First Half of 2023

In the first and second quarters of 2023, the price trend of unbleached kraft paper suffered from decreased demand as a result of the high level of market stocks. This also contributed to lower production and price levels, particularly for unbleached grades. In addition to this, the adoption of plastic bag restrictions, which were led by the European Commission's efforts to reduce the use of lightweight plastic bags in the EU, has increased demand for unbleached kraft paper in Europe and had a beneficial effect on the sector.

On the other hand, as the shift in consumer behavior became apparent, e-commerce and meal delivery also boosted demand. Therefore, the substitution of single-use plastic has a bigger impact on the unbleached kraft paper market as compared to e-commerce, especially for Central Europe, since they currently have the highest use of lightweight plastic bags out of Europe. Traditional demand drivers, such as construction activity, showed constriction in their market dynamics due to high-interest rates and inflation and, in turn, hampered the growth of the unbleached kraft paper price trend.

Analyst Insight

According to Procurement Resource, the price of Unbleached Kraft Paper is expected to follow an oscillating trajectory as the demand for unbleached kraft paper is estimated to be affected by the ban on the usage of plastics and demand from downstream industries.

Procurement Resource provides latest prices of Unbleached Kraft Paper. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.