Asia: Sulphite Wood Pulp Market 2024

Sulphite Wood Pulp Market Size in Asia

The Asian sulphite wood pulp market reduced to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Sulphite Wood Pulp Production in Asia

In value terms, sulphite wood pulp production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Sulphite Wood Pulp Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of chemical wood pulp (sulphite, other than dissolving grades), when their volume decreased by X% to X tons. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sulphite wood pulp exports contracted to $X in 2022. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) was the largest exporter of chemical wood pulp (sulphite, other than dissolving grades), achieving X% of total exports. Turkey (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by China (X%) and Vietnam (X%). Japan (X tons) and Jordan (X tons) held a minor share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Turkey (X%) and China (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Jordan experienced a relatively flat trend pattern. By contrast, Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Turkey, China, Vietnam and Jordan increased by X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sulphite wood pulp supplying countries in Asia were Turkey ($X), the United Arab Emirates ($X) and China ($X), together accounting for X% of total exports.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a noticeable expansion 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, sulphite wood pulp export price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Sulphite Wood Pulp Imports

Imports in Asia

In 2022, supplies from abroad of chemical wood pulp (sulphite, other than dissolving grades) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a perceptible descent. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sulphite wood pulp imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons) and Indonesia (X tons) represented the major importers of chemical wood pulp (sulphite, other than dissolving grades) in 2022, amounting to approx. X% and X% of total imports, respectively. Taiwan (Chinese) (X tons) held the next position in the ranking, followed by China (X tons) and Pakistan (X tons). All these countries together took approx. X% share of total imports. Japan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sulphite wood pulp importing markets in Asia were Indonesia ($X), Turkey ($X) and China ($X), together accounting for X% of total imports.

In terms of the main importing countries, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Asia amounted to $X per ton, surging by X% against the previous year. Over the last decade, 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% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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