Report Update: May 1, 2024

Hong Kong SAR, China - Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR - 2023

Price for Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $810 per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, saw a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 210% against the previous year. The import price peaked at $2,271 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($962 per ton) and China ($949 per ton), while the price for Vietnam ($656 per ton) and Canada ($757 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR (FOB) - 2022

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $656 per ton in 2022, waning by -21% against the previous year. Overall, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2021 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices reached the maximum at $864 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +10.4% per year.

Imports of Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR

In 2022, the amount of chemical wood pulp (soda and sulphate, other than dissolving grades) imported into Hong Kong SAR skyrocketed to 5.8K tons, increasing by 29% against the previous year. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 889% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $4.7M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 570%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	N/A	N/A	1,347	2,472	83.5%
Vietnam	N/A	N/A	N/A	949	0%
Sweden	N/A	N/A	N/A	937	0%
Canada	N/A	N/A	N/A	193	0%
China	N/A	284	210	95.4	-42.0%
Russia	105	N/A	490	N/A	116.0%
United States	N/A	141	785	N/A	456.7%
Singapore	N/A	N/A	202	N/A	0%
Others	14.1	33.9	37.3	39.3	40.7%
Total	119	459	3,072	4,685	240.2%

Top Suppliers of Soda and Sulphate Chemical Wood Pulp to Hong Kong SAR in 2022:

Chile (2975.1 tons)
Vietnam (1445.5 tons)
Sweden (974.0 tons)
Canada (254.9 tons)
China (100.6 tons)

Exports of Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR

In 2022, approx. 1.4K tons of chemical wood pulp (soda and sulphate, other than dissolving grades) were exported from Hong Kong SAR; with a decrease of -45.4% against 2021 figures. Over the period under review, exports, however, posted mild growth. The pace of growth appeared the most rapid in 2021 when exports increased by 422%. As a result, the exports reached the peak of 2.6K tons, and then contracted notably in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) contracted notably to $949K in 2022. Overall, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 670% against the previous year. As a result, the exports reached the peak of $2.2M, and then reduced dramatically in the following year.

Export of Soda and Sulphate Chemical Wood Pulp in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	N/A	N/A	949	0%
Nigeria	N/A	N/A	195	N/A	0%
India	762	210	1,006	N/A	14.9%
Tanzania	32.9	N/A	120	N/A	91.0%
United Arab Emirates	70.4	18.6	N/A	N/A	-73.6%
Iran	92.6	40.8	508	N/A	134.2%
Australia	N/A	N/A	345	N/A	0%
Others	21.1	16.0	26.5	N/A	12.1%
Total	979	286	2,199	949	-1.0%

Top Export Markets for Soda and Sulphate Chemical Wood Pulp from Hong Kong SAR in 2022:

China (1.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for soda and sulphate chemical wood pulp in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 17111200 - Chemical wood pulp, soda or sulphate, other than dissolving grades

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023