India: Sulphite Wood Pulp Market 2024

Sulphite Wood Pulp Market Size in India

In 2022, after two years of growth, there was decline in the Indian sulphite wood pulp market, when its value decreased by X% to $X. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sulphite Wood Pulp Production in India

In value terms, sulphite wood pulp production reached $X in 2022 estimated in export price. Over the period under review, production showed a prominent expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Sulphite wood pulp production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Sulphite Wood Pulp Exports

Exports from India

In 2022, the amount of chemical wood pulp (sulphite, other than dissolving grades) exported from India declined significantly to X tons, which is down by X% against the previous year. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, sulphite wood pulp exports reduced notably to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for sulphite wood pulp exports from India, accounting for a X% share of total exports. Moreover, sulphite wood pulp exports to Nigeria exceeded the volume sent to the second major destination, the UK (X kg), tenfold. Nepal (X kg) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Nepal (X% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from India, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Nepal, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Nigeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Nepal (X% per year).

Export Prices by Country

The average sulphite wood pulp export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price faced a deep reduction. The growth pace was the most rapid in 2019 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphite Wood Pulp Imports

Imports into India

In 2022, sulphite wood pulp imports into India dropped markedly to X tons, with a decrease of X% compared with the previous year. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphite wood pulp imports dropped remarkably to $X in 2022. In general, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of sulphite wood pulp to India, with a X% share of total imports. Moreover, sulphite wood pulp imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%.

In value terms, Germany ($X) constituted the largest supplier of chemical wood pulp (sulphite, other than dissolving grades) to India, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%.

Import Prices by Country

In 2022, the average sulphite wood pulp import price amounted to $X per ton, surging by X% against the previous year. In general, the import price recorded prominent growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia totaled $X per ton.

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

Source: IndexBox Platform

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