Asia: Semi-Chemical Wood Pulp Market 2024

Semi-Chemical Wood Pulp Market Size in Asia

The Asian semi-chemical wood pulp market reduced modestly to $X in 2022, with a decrease of X% against 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 only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2021, and then declined slightly in the following year.

Semi-Chemical Wood Pulp Production in Asia

In value terms, semi-chemical wood pulp production expanded slightly to $X in 2022 estimated in export price. The total production indicated pronounced growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Semi-Chemical Wood Pulp Exports

Exports in Asia

Semi-chemical wood pulp exports surged to X tons in 2022, growing by X% on the previous year. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, semi-chemical wood pulp exports skyrocketed to $X in 2022. Overall, exports posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, China (X tons) was the main exporter of semi-chemical wood pulp, generating X% of total exports. It was distantly followed by the United Arab Emirates (X tons), committing a X% share of total exports. Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and India (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the semi-chemical wood pulp exports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), India (X%), the United Arab Emirates (X%) and Hong Kong SAR (X%) displayed positive paces of growth. While the share of China (X p.p.), the United Arab Emirates (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest semi-chemical wood pulp supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

In China, semi-chemical wood pulp exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The growth pace was the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while India ($X per ton) was amongst the lowest.

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

Semi-Chemical Wood Pulp Imports

Imports in Asia

After three years of growth, overseas purchases of semi-chemical wood pulp decreased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, semi-chemical wood pulp imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

China represented the major importer of semi-chemical wood pulp in Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. India (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%) and Indonesia (X%).

China experienced a relatively flat trend pattern with regard to volume of imports of semi-chemical wood pulp. At the same time, India (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Indonesia increased by X and X percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported semi-chemical wood pulp in Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in India ($X per ton) and South Korea ($X per ton), while China ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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