Asia: Wood Pulp Market 2024

Wood Pulp Market Size in Asia

In 2022, the Asian wood pulp market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Wood Pulp Production in Asia

In value terms, wood pulp production contracted to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Wood Pulp Exports

Exports in Asia

In 2022, overseas shipments of wood pulp decreased by X% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated a notable 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, wood pulp exports skyrocketed to $X in 2022. Total exports indicated a resilient 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 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Indonesia prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Malaysia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%). The following exporters - Singapore (X tons), Lao People's Democratic Republic (X tons), China (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total exports.

Exports from Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, China (X%), Malaysia (X%), Taiwan (Chinese) (X%) and Singapore (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Lao People's Democratic Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Malaysia, China and Singapore increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Indonesia, 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: Singapore (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia 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 growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a 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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 2022, supplies from abroad of wood pulp decreased by X% to X tons, falling for the second consecutive year after nine years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wood pulp imports soared to $X in 2022. Total imports indicated a buoyant increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

China dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. India (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%). Turkey (X tons), Japan (X tons), Indonesia (X tons), Taiwan (Chinese) (X tons), Thailand (X tons) and the United Arab Emirates (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp imports into China stood at X%. At the same time, the United Arab Emirates (X%), India (X%), Turkey (X%) and Thailand (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, South Korea (X%), Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. 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

In 2022, the import price in Asia amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Japan ($X per ton) and Thailand ($X per ton), while Taiwan (Chinese) ($X per ton) and South Korea ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :