New Zealand: Semi-Chemical Wood Pulp Market 2023

Semi-Chemical Wood Pulp Market Size in New Zealand

The New Zealand semi-chemical wood pulp market shrank rapidly to $X in 2022, dropping by -95.3% against the previous year. In general, consumption faced a abrupt downturn. Semi-chemical wood pulp consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Semi-Chemical Wood Pulp Production in New Zealand

In value terms, semi-chemical wood pulp production declined to $X in 2022 estimated in export price. Overall, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Semi-Chemical Wood Pulp Exports

Exports from New Zealand

In 2022, semi-chemical wood pulp exports from New Zealand surged to X tons, growing by 51% compared with the year before. The total export volume increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, semi-chemical wood pulp exports skyrocketed to $X in 2022. Over the period under review, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for semi-chemical wood pulp exports from New Zealand, accounting for a 57% share of total exports. Moreover, semi-chemical wood pulp exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+2.5% per year) and India (+8.9% per year).

In value terms, the largest markets for semi-chemical wood pulp exported from New Zealand were China ($X), Indonesia ($X) and India ($X), with a combined 94% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +11.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average semi-chemical wood pulp export price stood at $X per ton in 2022, picking up by 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($X per ton) and India ($X per ton), while the average price for exports to Pakistan ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Semi-Chemical Wood Pulp Imports

Imports into New Zealand

In 2022, after three years of decline, there was significant growth in purchases abroad of semi-chemical wood pulp, when their volume increased by 18% to X tons. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 2,379,980% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, semi-chemical wood pulp imports surged to $X in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 424,727%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X tons) was the main semi-chemical wood pulp supplier to New Zealand, with a 97% share of total imports. It was followed by the United States (X tons), with a 2.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada totaled +11.6%.

In value terms, Canada ($X) constituted the largest supplier of semi-chemical wood pulp to New Zealand, comprising 93% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to +12.4%.

Import Prices by Country

In 2022, the average semi-chemical wood pulp import price amounted to $X per ton, jumping by 16% against the previous year. In general, the import price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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