Indonesia: Wood Pulp Market 2022

Wood Pulp Market Size in Indonesia

In 2021, the Indonesian wood pulp market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a noticeable decline. 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 Indonesia

In value terms, wood pulp production expanded markedly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Wood Pulp Exports

Exports from Indonesia

In 2021, overseas shipments of wood pulp increased by X% to X tons, rising for the fifth year in a row after three years of decline. Overall, total exports indicated a buoyant 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, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, wood pulp exports surged to $X in 2021. In general, total exports indicated resilient growth 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for wood pulp exports from Indonesia, with a X% share of total exports. Moreover, wood pulp exports to China exceeded the volume sent to the second major destination, Malaysia (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and India (+X% per year).

In value terms, China ($X) remains the key foreign market for wood pulp exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and South Korea (-X% per year).

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to China ($X per ton) and Vietnam ($X per ton), while the average price for exports to India ($X per ton) and Malaysia ($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 South Korea (-X%), while the prices for the other major destinations experienced a decline.

Wood Pulp Imports

Imports into Indonesia

In 2021, purchases abroad of wood pulp decreased by -X% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood pulp imports soared to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Canada (X tons) and Sweden (X tons) were the main suppliers of wood pulp imports to Indonesia, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood pulp suppliers to Indonesia were the United States ($X), Canada ($X) and Sweden ($X), together accounting for X% of total imports.

In terms of the main suppliers, the United States, with a CAGR of +X%, saw the highest growth rate of 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

The average wood pulp import price stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were South Africa ($X per ton) and the United States ($X per ton), while the price for Brazil ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :