Asia: Wood Pulp Market 2022

Wood Pulp Market Size in Asia

In 2021, the Asian wood pulp market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Wood Pulp Production in Asia

In value terms, wood pulp production expanded markedly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Wood Pulp Exports

Exports in Asia

For the tenth year in a row, Asia recorded growth in shipments abroad of wood pulp, which increased by X% to X tons in 2021. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, wood pulp exports soared to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Indonesia dominates exports structure, amounting to X tons, which was near X% of total exports in 2021. It was distantly followed by Malaysia (X tons), comprising a X% share of total exports. The following exporters - Japan (X tons), Singapore (X tons), Thailand (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to wood pulp exports from Indonesia stood at +X%. At the same time, malaysia (+X%), taiwan (chinese) (+X%), thailand (+X%), singapore (+X%), japan (+X%) and hong kong sar (+X%) displayed positive paces of growth. moreover, malaysia emerged as the fastest-growing exporter exported in asia, with a cagr of +X% from 2012-2021. percentage points. Indonesia (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest wood pulp supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Indonesia, wood pulp exports increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and Singapore (+X% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+X%), while the other leaders experienced more modest paces of growth.

Wood Pulp Imports

Imports in Asia

In 2021, purchases abroad of wood pulp decreased by -X% to X tons for the first time since 2011, thus ending a nine-year rising trend. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020, and then declined in the following year.

In value terms, wood pulp imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China prevails in imports structure, recording X tons, which was approx. X% of total imports in 2021. It was distantly followed by South Korea (X tons), creating a X% share of total imports. India (X tons), Japan (X tons), Indonesia (X tons), Turkey (X tons), Taiwan (Chinese) (X tons) and Thailand (X tons) took a minor share of total imports.

Imports into China increased at an average annual rate of +X% from 2012 to 2021. At the same time, india (+X%), turkey (+X%) and thailand (+X%) displayed positive paces of growth. moreover, india emerged as the fastest-growing importer imported in asia, with a cagr of +X% from 2012-2021. indonesia and south korea experienced a relatively flat trend pattern. by contrast, taiwan (chinese) (-X%) and japan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan and South Korea saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual growth rate of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and India (+X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Japan ($X per ton) and Indonesia ($X per ton), while China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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