Malaysia: Wood Pulp Market 2022

Wood Pulp Market Size in Malaysia

In 2021, the Malaysian wood pulp market decreased by -X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption recorded a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wood Pulp Production in Malaysia

In value terms, wood pulp production reached $X in 2021 estimated in export price. In general, production continues to indicate a slight contraction. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Wood Pulp Exports

Exports from Malaysia

For the fifth consecutive year, Malaysia recorded growth in shipments abroad of wood pulp, which increased by X% to X tons in 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, wood pulp exports shrank significantly to $X in 2021. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell remarkably in the following year.

Exports by Country

China (X tons) was the main destination for wood pulp exports from Malaysia, with a approx. X% share of total exports.

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

In value terms, China ($X) also remains the key foreign market for wood pulp exports from Malaysia.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +X%.

Export Prices by Country

In 2021, the average wood pulp export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.

Wood Pulp Imports

Imports into Malaysia

In 2021, the amount of wood pulp imported into Malaysia skyrocketed to X tons, with an increase of X% on 2020 figures. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, wood pulp imports soared to $X in 2021. Over the period under review, total imports indicated a tangible increase 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. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest wood pulp supplier to Malaysia, accounting for a X% share of total imports. Moreover, wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by Brazil (X tons), with an X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Brazil (-X% per year).

In value terms, the United States ($X) constituted the largest supplier of wood pulp to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by New Zealand, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and New Zealand (-X% per year).

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from New Zealand ($X per ton) and Finland ($X per ton), while the price for Brazil ($X per ton) and Chile ($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

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