Mexico: Wood Pulp Market 2022

Wood Pulp Market Size in Mexico

The Mexican wood pulp market reduced to $X in 2021, with a decrease of -X% against the previous year. In general, consumption showed a slight reduction. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Wood Pulp Production in Mexico

In value terms, wood pulp production fell to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wood Pulp Exports

Exports from Mexico

In 2021, the amount of wood pulp exported from Mexico reduced to X tons, remaining constant against the previous year's figure. Overall, exports, however, saw a notable expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood pulp exports reduced to $X in 2021. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then shrank in the following year.

Exports by Country

Colombia (X tons) was the main destination for wood pulp exports from Mexico, with a X% share of total exports. Moreover, wood pulp exports to Colombia exceeded the volume sent to the second major destination, the United States (X tons), ninefold.

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

In value terms, Colombia ($X) emerged as the key foreign market for wood pulp exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-X% per year) and Guatemala (-X% per year).

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2021, reducing by -X% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood pulp export price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Colombia ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Pulp Imports

Imports into Mexico

In 2021, the amount of wood pulp imported into Mexico dropped to X tons, which is down by -X% compared with 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, wood pulp imports shrank modestly to $X in 2021. Over the period under review, imports showed a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tons) constituted the largest wood pulp supplier to Mexico, with a X% share of total imports. Moreover, wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. Canada (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of wood pulp to Mexico, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

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

Import Prices by Country

In 2021, the average wood pulp import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Brazil ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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