Australia and Oceania: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in Australia and Oceania

In 2022, the unbleached sulphate pulp market in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Unbleached Sulphate Pulp Production in Australia and Oceania

In value terms, unbleached sulphate pulp production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 83%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Unbleached Sulphate Pulp Exports

Exports in Australia and Oceania

Unbleached sulphate pulp exports surged to X tons in 2022, growing by 50% on 2021 figures. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 77%. 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, unbleached sulphate pulp exports surged to $X in 2022. Over the period under review, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from New Zealand (X tons), together amounting to 100% of total export.

New Zealand was also the fastest-growing in terms of the unbleached sulphate pulp exports, with a CAGR of +12.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) also remains the largest unbleached sulphate pulp supplier in Australia and Oceania.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand amounted to +16.0%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by 6.6% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unbleached sulphate pulp export price increased by +51.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 65% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +3.2% per year.

Unbleached Sulphate Pulp Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was decline in purchases abroad of unbleached sulphate pulp, when their volume decreased by -0.4% to X tons. The total import volume increased at an average annual rate of +4.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, unbleached sulphate pulp imports rose sharply to $X in 2022. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Australia prevails in imports structure, amounting to X tons, which was approx. 96% of total imports in 2022. New Zealand (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to unbleached sulphate pulp imports into Australia stood at +4.4%. At the same time, New Zealand (+29.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +29.1% from 2012-2022. New Zealand (+4.1 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -4.1% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported unbleached sulphate pulp in Australia and Oceania, comprising 96% of total imports. The second position in the ranking was held by New Zealand ($X), with a 4.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to +9.0%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by 13% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unbleached sulphate pulp import price increased by +43.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 34%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+10.5%).

Source: IndexBox Platform

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