Africa: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Africa

In 2022, the African market for wood pulp, excluding mechanical wood pulp increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, posted mild growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Africa

In value terms, production of wood pulp, excluding mechanical wood pulp expanded remarkably to $X in 2022 estimated in export price. In general, production saw a mild downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in Africa

After four years of decline, shipments abroad of wood pulp, excluding mechanical wood pulp increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2017; afterwards, it flattened through to 2022.

In value terms, exports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of wood pulp, excluding mechanical wood pulp, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the wood pulp, excluding mechanical wood pulp exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest wood pulp, excluding mechanical wood pulp supplier in Africa.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, jumping by X% against the previous year. Export price indicated a tangible increase 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, export price for wood pulp, excluding mechanical wood pulp increased by X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in Africa

For the third consecutive year, Africa recorded growth in supplies from abroad of wood pulp, excluding mechanical wood pulp, which increased by X% to X tons in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of wood pulp, excluding mechanical wood pulp skyrocketed to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Egypt was the key importer of wood pulp, excluding mechanical wood pulp in Africa, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. South Africa (X tons) took the second position in the ranking, followed by Algeria (X tons), Tunisia (X tons) and Nigeria (X tons). All these countries together took near X% share of total imports. The following importers - Morocco (X tons) and Ghana (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp, excluding mechanical wood pulp imports into Egypt stood at X%. At the same time, Ghana (X%), Nigeria (X%), Algeria (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Tunisia experienced a relatively flat trend pattern. While the share of Algeria (X p.p.), South Africa (X p.p.), Nigeria (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Morocco (X p.p.), Egypt (X p.p.) and Tunisia (X p.p.) displayed negative dynamics.

In value terms, Egypt ($X), South Africa ($X) and Tunisia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Algeria, Morocco, Nigeria and Ghana lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Ghana, with a CAGR of X%, saw the highest growth rate of 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 import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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