Hong Kong SAR, China - Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights

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Wood Pulp Price in Hong Kong SAR - 2023

Contents:

  1. Wood Pulp Price in Hong Kong SAR (CIF) - 2022
  2. Wood Pulp Price in Hong Kong SAR (FOB) - 2022
  3. Wood Pulp Imports in Hong Kong SAR
  4. Wood Pulp Exports in Hong Kong SAR

Wood Pulp Price in Hong Kong SAR (CIF) - 2022

In 2022, the average wood pulp import price amounted to $558 per ton, reducing by -2.1% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 39% against the previous year. The import price peaked at $768 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Chile ($831 per ton), while the price for the Netherlands ($256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.9%), while the prices for the other major suppliers experienced a decline.

Wood Pulp Price in Hong Kong SAR (FOB) - 2022

In 2022, the average wood pulp export price amounted to $658 per ton, reducing by -6.6% against the previous year. In general, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 22% against the previous year. The export price peaked at $837 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($7,445 per ton), while the average price for exports to Nigeria ($460 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 Thailand (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports in Hong Kong SAR

In 2022, approx. 73K tons of wood pulp were imported into Hong Kong SAR; jumping by 33% compared with the year before. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 102% against the previous year. As a result, imports attained the peak of 84K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood pulp imports soared to $41M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, imports attained the peak of $44M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wood Pulp in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2.30.91.09.158.2%
Portugal2.10.70.97.150.1%
Canada2.21.92.03.921.0%
ChileN/AN/A0.12.52400.0%
VietnamN/AN/AN/A0.90%
Brazil2.31.60.70.6-36.1%
United States0.40.50.50.614.5%
Finland7.317.511.10.3-65.5%
Netherlands0.31.10.10.2-12.6%
Others15.220.115.015.60.9%
Total32.144.331.340.98.4%

Top Suppliers of Wood Pulp to Hong Kong SAR in 2022:

  1. Sweden (17.5K tons)
  2. Portugal (10.3K tons)
  3. Canada (8.2K tons)
  4. Chile (3.0K tons)
  5. Brazil (1.9K tons)
  6. United States (1.7K tons)
  7. Vietnam (1.4K tons)
  8. Netherlands (0.9K tons)
  9. Finland (0.8K tons)

Wood Pulp Exports in Hong Kong SAR

Wood pulp exports from Hong Kong SAR surged to 4K tons in 2022, jumping by 16% against the year before. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood pulp exports expanded remarkably to $2.6M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Wood Pulp in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1702271,0511,26095.0%
India698723385655-2.1%
NigeriaN/AN/A25.83631307.0%
Iran77.813628822642.7%
United Arab Emirates63.762.126110217.0%
Thailand19815.454.919.4-53.9%
Philippines26.769.61292.9-52.3%
Others1781672349.3-62.6%
Total1,4111,4002,4282,63823.2%

Top Export Markets for Wood Pulp from Hong Kong SAR in 2022:

  1. China (1961.6 tons)
  2. India (860.2 tons)
  3. Nigeria (787.9 tons)
  4. Iran (249.0 tons)
  5. United Arab Emirates (135.6 tons)
  6. Thailand (2.6 tons)
  7. Philippines (2.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood pulp market 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:

  • FCL 1654 - Mechanical wood pulp
  • FCL 1655 - Semi-chemical wood pulp
  • FCL 1663 - Chemical wood pulp, sulphate, bleached
  • FCL 1661 - Chemical wood pulp, sulphite, bleached
  • FCL 1667 - Dissolving wood pulp
  • FCL 1662 - Chemical wood pulp, sulphate, unbleached
  • FCL 1660 - Chemical wood pulp, sulphite, unbleached

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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