Indonesia: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in Indonesia

The Indonesian unbleached sulphate pulp market reduced to $X in 2022, shrinking by -7.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Unbleached Sulphate Pulp Exports

Exports from Indonesia

Unbleached sulphate pulp exports from Indonesia skyrocketed to X tons in 2022, with an increase of 135% compared with 2021 figures. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 758% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, unbleached sulphate pulp exports surged to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 617% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), the Philippines (X tons) and Vietnam (X tons) were the main destinations of unbleached sulphate pulp exports from Indonesia, together comprising 95% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +43.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unbleached sulphate pulp exported from Indonesia were the Philippines ($X), China ($X) and Vietnam ($X), with a combined 96% share of total exports.

In terms of the main countries of destination, the Philippines, with a CAGR of +40.3%, saw the highest rates of growth with regard to 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

The average unbleached sulphate pulp export price stood at $X per ton in 2022, dropping by -5.6% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.5%), while the prices for the other major destinations experienced a decline.

Unbleached Sulphate Pulp Imports

Imports into Indonesia

In 2022, the amount of unbleached sulphate pulp imported into Indonesia reached X tons, with an increase of 3.2% compared with 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 78%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, unbleached sulphate pulp imports soared to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 78%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X tons), New Zealand (X tons) and Japan (X tons) were the main suppliers of unbleached sulphate pulp imports to Indonesia, with a combined 61% share of total imports. Russia, the United States, France and Chile lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +408.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), New Zealand ($X) and Japan ($X) appeared to be the largest unbleached sulphate pulp suppliers to Indonesia, with a combined 63% share of total imports. Russia, the United States, France and Chile lagged somewhat behind, together comprising a further 28%.

France, with a CAGR of +509.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average unbleached sulphate pulp import price amounted to $X per ton, picking up by 32% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +84.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and the United States ($X per ton), while the price for Russia ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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