Canada: Wood Pulp Market 2022

Wood Pulp Market Size in Canada

In 2021, the Canadian wood pulp market was finally on the rise to reach $X after two years of decline. In general, consumption, however, showed a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Pulp Production in Canada

In value terms, wood pulp production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Wood Pulp Exports

Exports from Canada

In 2021, the amount of wood pulp exported from Canada declined modestly to X tons, reducing by -X% compared with the previous year's figure. Over the period under review, exports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, wood pulp exports soared to $X in 2021. Overall, exports recorded a mild shrinkage. The growth pace was the most rapid 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

China (X tons), the United States (X tons) and India (X tons) were the main destinations of wood pulp exports from Canada, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wood pulp exported from Canada were China ($X), the United States ($X) and India ($X), together accounting for X% of total exports.

In terms of the main countries of destination, India, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wood pulp export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Thailand ($X per ton) and Japan ($X per ton), while the average price for exports to the United States ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Canada

In 2021, purchases abroad of wood pulp increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, wood pulp imports surged to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States (X tons), Brazil (X tons) and Chile (X tons) were the main suppliers of wood pulp imports to Canada.

From 2012 to 2021, the biggest increases were in Chile (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Chile ($X) appeared to be the largest wood pulp suppliers to Canada, together accounting for X% of total imports.

Among the main suppliers, Chile, with a CAGR of +X%, recorded 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 2021, the average wood pulp import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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