Middle East: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in the Middle East

The Middle Eastern unbleached sulphate pulp market declined to $X in 2022, which is down by -11.3% against the previous year. Overall, consumption, however, showed buoyant growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Unbleached Sulphate Pulp Production in the Middle East

In value terms, unbleached sulphate pulp production reduced notably to $X in 2022 estimated in export price. Overall, production faced a sharp decline. The pace of growth appeared the most rapid in 2018 with an increase of 570% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Unbleached Sulphate Pulp Exports

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas shipments of unbleached sulphate pulp, which increased by 82% to X tons in 2022. In general, exports showed resilient growth. The growth pace was the most rapid in 2018 when exports increased by 189% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, unbleached sulphate pulp exports skyrocketed to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 76% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Turkey (X tons), distantly followed by the United Arab Emirates (X tons) represented the largest exporters of unbleached sulphate pulp, together generating 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +222.2%).

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

Turkey, with a CAGR of +210.8%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, falling by -14.4% against the previous year. Overall, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by 108%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.3%).

Unbleached Sulphate Pulp Imports

Imports in the Middle East

Unbleached sulphate pulp imports shrank to X tons in 2022, dropping by -13.3% against the year before. Over the period under review, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 60%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, unbleached sulphate pulp imports shrank to $X in 2022. In general, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Turkey was the key importer of unbleached sulphate pulp in the Middle East, with the volume of imports reaching X tons, which was near 59% of total imports in 2022. It was distantly followed by Saudi Arabia (X tons), the United Arab Emirates (X tons), Iran (X tons) and Lebanon (X tons), together constituting a 36% share of total imports. Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to unbleached sulphate pulp imports into Turkey stood at +9.1%. At the same time, Saudi Arabia (+193.9%), the United Arab Emirates (+26.8%), Lebanon (+22.9%) and Iran (+3.1%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +193.9% from 2012-2022. By contrast, Syrian Arab Republic (-1.5%) illustrated a downward trend over the same period. Saudi Arabia (+14 p.p.), the United Arab Emirates (+7 p.p.), Lebanon (+4 p.p.) and Turkey (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Iran and Syrian Arab Republic saw its share reduced by -5.3% and -6.7% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported unbleached sulphate pulp in the Middle East, comprising 66% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 13% share of total imports. It was followed by Iran, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +13.1%. In the other countries, the average annual rates were as follows: Saudi Arabia (+109.7% per year) and Iran (+8.3% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, growing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 when the import price increased by 35% against the previous year. Over the period under review, import prices reached the maximum 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 Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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