Eastern Asia: Semi-Chemical Wood Pulp Market 2024

Semi-Chemical Wood Pulp Market Size in Eastern Asia

The East Asian semi-chemical wood pulp market shrank to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Semi-Chemical Wood Pulp Production in Eastern Asia

In value terms, semi-chemical wood pulp production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Semi-Chemical Wood Pulp Exports

Exports in Eastern Asia

In 2022, the amount of semi-chemical wood pulp exported in Eastern Asia skyrocketed to X tons, increasing by X% on the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, semi-chemical wood pulp exports soared to $X in 2022. Overall, exports enjoyed prominent growth. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) took a relatively small share of total exports.

China was also the fastest-growing in terms of the semi-chemical wood pulp exports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. From 2012 to 2022, the share of China and Taiwan (Chinese) increased by X and X percentage points, respectively.

In value terms, China ($X) remains the largest semi-chemical wood pulp supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports.

In China, semi-chemical wood pulp exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, falling by X% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced a decline in the export price figures.

Semi-Chemical Wood Pulp Imports

Imports in Eastern Asia

In 2022, overseas purchases of semi-chemical wood pulp decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, semi-chemical wood pulp imports totaled $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China represented the main importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by South Korea (X tons), constituting a X% share of total imports.

China experienced a relatively flat trend pattern with regard to volume of imports of semi-chemical wood pulp. South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Korea (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in China was relatively modest.

Import Prices by Country

The import price in Eastern 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 most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%).

Source: IndexBox Platform

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