Colombia: Wood Pulp Market 2022

Wood Pulp Market Size in Colombia

In 2021, the Colombian wood pulp market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a slight downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wood Pulp Production in Colombia

In value terms, wood pulp production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Wood pulp production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Pulp Exports

Exports from Colombia

In 2021, shipments abroad of wood pulp decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total exports indicated a tangible expansion 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, exports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, wood pulp exports reached $X in 2021. Over the period under review, exports, however, saw a measured increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for wood pulp exports from Colombia, with a X% share of total exports. It was followed by the Dominican Republic (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador totaled +X%.

In value terms, Ecuador ($X) remains the key foreign market for wood pulp exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at +X%.

Export Prices by Country

In 2021, the average wood pulp export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Ecuador amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+X%).

Wood Pulp Imports

Imports into Colombia

After three years of decline, overseas purchases of wood pulp increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pulp imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Chile (X tons) and Brazil (X tons) were the main suppliers of wood pulp imports to Colombia, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest wood pulp suppliers to Colombia were the United States ($X), Chile ($X) and Brazil ($X), with a combined X% share of total imports.

Among the main suppliers, Brazil, 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 mixed trend patterns.

Import Prices by Country

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

Average prices varied noticeably 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 the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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