Saudi Arabia: Wood Pulp Market 2022

Wood Pulp Market Size in Saudi Arabia

The Saudi wood pulp market was estimated at $X in 2021, surging by X% against the previous year. Overall, consumption, however, recorded a noticeable descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Wood Pulp Production in Saudi Arabia

In value terms, wood pulp production reached $X in 2021 estimated in export price. In general, production faced a sharp reduction. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Wood Pulp Exports

Exports from Saudi Arabia

In 2021, after four years of decline, there was significant growth in shipments abroad of wood pulp, when their volume increased by X% to X tons. In general, exports, however, recorded a abrupt descent. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood pulp exports fell slightly to $X in 2021. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for wood pulp exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, wood pulp exports to Egypt exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Egypt stood at +X%.

In value terms, Egypt ($X) emerged as the key foreign market for wood pulp exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by India ($X), with an X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Egypt amounted to -X%.

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Egypt stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (-X%).

Wood Pulp Imports

Imports into Saudi Arabia

In 2021, approx. X tons of wood pulp were imported into Saudi Arabia; surging by X% against the previous year's figure. In general, imports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, wood pulp imports totaled $X in 2021. Overall, imports, however, recorded a slight decrease. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Finland (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of wood pulp to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Russia (+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, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood pulp import price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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