MENA: Bleached Sulphite Pulp Market 2024

Bleached Sulphite Pulp Market Size in MENA

The MENA's bleached sulphite pulp market rose remarkably to $X in 2022, picking up by 5.6% against the previous year. In general, consumption showed a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Bleached Sulphite Pulp Production in MENA

In value terms, bleached sulphite pulp production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 8.2%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Bleached Sulphite Pulp Exports

Exports in MENA

In 2022, bleached sulphite pulp exports in MENA rose remarkably to X tons, with an increase of 9.1% on the previous year. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2018 with an increase of 459%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, bleached sulphite pulp exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 384% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the major exporter of bleached sulphite pulp, making up 74% of total exports. Jordan (X tons) held the second position in the ranking, followed by Turkey (X tons). All these countries together held near 24% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the bleached sulphite pulp exports, with a CAGR of +28.5% from 2012 to 2022. At the same time, Turkey (+26.9%) and Jordan (+7.3%) displayed positive paces of growth. By contrast, Tunisia (-10.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Turkey increased by +44 and +5.4 percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest bleached sulphite pulp supplier in MENA, comprising 68% of total exports. The second position in the ranking was held by Turkey ($X), with a 19% share of total exports. It was followed by Jordan, with a 12% share.

In the United Arab Emirates, bleached sulphite pulp exports increased at an average annual rate of +32.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+29.9% per year) and Jordan (+4.7% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by 5.8% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Bleached Sulphite Pulp Imports

Imports in MENA

In 2022, approx. X tons of bleached sulphite pulp were imported in MENA; declining by -6.4% compared with the previous year's figure. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 43%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, bleached sulphite pulp imports expanded notably to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 51%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey was the major importing country with an import of around X tons, which finished at 66% of total imports. Tunisia (X tons) took the second position in the ranking, distantly followed by Jordan (X tons). All these countries together took approx. 24% share of total imports. The following importers - Iran (X tons) and Israel (X tons) - together made up 5.5% of total imports.

Turkey was also the fastest-growing in terms of the bleached sulphite pulp imports, with a CAGR of +13.1% from 2012 to 2022. At the same time, Iran (+11.1%) displayed positive paces of growth. By contrast, Tunisia (-8.4%), Israel (-14.3%) and Jordan (-28.5%) illustrated a downward trend over the same period. Turkey (+59 p.p.), Iran (+3.4 p.p.) and Tunisia (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while Jordan saw its share reduced by -65% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported bleached sulphite pulp in MENA, comprising 62% of total imports. The second position in the ranking was taken by Tunisia ($X), with a 17% share of total imports. It was followed by Jordan, with a 5.7% share.

In Turkey, bleached sulphite pulp imports increased at an average annual rate of +14.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tunisia (-6.5% per year) and Jordan (-27.6% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2021 when the import price increased by 34% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :