MENA: Wood Pulp Market 2023

Wood Pulp Market Size in MENA

In 2022, the MENA's wood pulp market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the near future.

Wood Pulp Production in MENA

In value terms, wood pulp production reached $X in 2022 estimated in export price. In general, production, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wood Pulp Exports

Exports in MENA

In 2022, the amount of wood pulp exported in MENA skyrocketed to X tons, growing by X% compared with the previous year. In general, exports recorded perceptible growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wood pulp exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons) and the United Arab Emirates (X tons) dominates exports structure, together comprising X% of total exports. Jordan (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Jordan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% 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 Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Pulp Imports

Imports in MENA

In 2022, approx. X tons of wood pulp were imported in MENA; surging by X% on the previous year's figure. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, wood pulp imports soared to $X in 2022. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the major importer of wood pulp in MENA, with the volume of imports reaching X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons) took the second position in the ranking, followed by Egypt (X tons) and Algeria (X tons). All these countries together took approx. X% share of total imports. The following importers - Israel (X tons), Iran (X tons) and Tunisia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp imports into Turkey stood at X%. At the same time, the United Arab Emirates (X%), Algeria (X%), Iran (X%) and Egypt (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Tunisia and Israel experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United Arab Emirates and Algeria increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported wood pulp in MENA, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

In Turkey, wood pulp imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tunisia ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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