New Zealand: Bleached Sulphate Pulp Market 2024

Bleached Sulphate Pulp Market Size in New Zealand

The New Zealand bleached sulphate pulp market reduced dramatically to $X in 2021, with a decrease of -22.3% against the previous year. Overall, consumption, however, showed a moderate expansion. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Bleached Sulphate Pulp Production in New Zealand

In value terms, bleached sulphate pulp production declined to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Bleached Sulphate Pulp Exports

Exports from New Zealand

In 2021, after two years of decline, there was significant growth in overseas shipments of bleached sulphate pulp, when their volume increased by 65% to X tons. In general, exports, however, recorded a perceptible setback. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bleached sulphate pulp exports soared to $X in 2021. Overall, exports, however, saw a mild reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), South Korea (X tons) and Australia (X tons) were the main destinations of bleached sulphate pulp exports from New Zealand, together accounting for 86% of total exports. These countries were followed by Indonesia, Taiwan (Chinese), India and Malaysia, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +155.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bleached sulphate pulp exported from New Zealand were China ($X), South Korea ($X) and Australia ($X), with a combined 87% share of total exports. Indonesia, Taiwan (Chinese), India and Malaysia lagged somewhat behind, together comprising a further 12%.

Malaysia, with a CAGR of +161.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bleached sulphate pulp export price stood at $X per ton in 2021, jumping by 33% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Australia ($X per ton) and Taiwan (Chinese) ($X per ton), while the average price for exports to India ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bleached Sulphate Pulp Imports

Imports into New Zealand

In 2021, supplies from abroad of bleached sulphate pulp decreased by -4.9% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 1,095%. Imports peaked at X tons in 2020, and then fell modestly in the following year.

In value terms, bleached sulphate pulp imports soared to $X in 2021. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 937% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Chile (X tons), Brazil (X tons) and Canada (X tons) were the main suppliers of bleached sulphate pulp imports to New Zealand, with a combined 97% share of total imports. The United States lagged somewhat behind, comprising a further 3.1%.

From 2013 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +84.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bleached sulphate pulp suppliers to New Zealand were Chile ($X), Brazil ($X) and the United States ($X), together comprising 97% of total imports.

Among the main suppliers, the United States, with a CAGR of +60.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bleached sulphate pulp import price stood at $X per ton in 2021, rising by 31% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Brazil ($X per ton) and Chile ($X per ton), while the price for Canada ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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