
Singapore - Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Singapore: Wood Pulp Market 2022
Wood Pulp Market Size in Singapore
The Singaporean wood pulp market shrank to $X in 2021, waning by -X% against the previous year. In general, consumption showed a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Wood Pulp Production in Singapore
In value terms, wood pulp production rose markedly to $X in 2021 estimated in export price. Overall, production showed a pronounced downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Wood pulp production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Wood Pulp Exports
Exports from Singapore
For the third consecutive year, Singapore recorded decline in overseas shipments of wood pulp, which decreased by -X% to X tons in 2021. Overall, exports, however, showed buoyant growth. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
In value terms, wood pulp exports dropped notably to $X in 2021. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
China (X tons) was the main destination for wood pulp exports from Singapore, accounting for a X% share of total exports. Moreover, wood pulp exports to China exceeded the volume sent to the second major destination, Bangladesh (X tons), threefold. India (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and India (+X% per year).
In value terms, China ($X) remains the key foreign market for wood pulp exports from Singapore, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by India, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and India (+X% per year).
Export Prices by Country
In 2021, the average wood pulp export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Indonesia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+X%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Pulp Imports
Imports into Singapore
For the third year in a row, Singapore recorded decline in overseas purchases of wood pulp, which decreased by -X% to X tons in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, wood pulp imports contracted significantly to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2021, Indonesia (X tons) constituted the largest wood pulp supplier to Singapore, accounting for a X% share of total imports. Moreover, wood pulp imports from Indonesia exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold. The third position in this ranking was held by Finland (X tons), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Finland (+X% per year).
In value terms, Indonesia ($X) constituted the largest supplier of wood pulp to Singapore, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.
From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and New Zealand (-X% per year).
Import Prices by Country
In 2021, the average wood pulp import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
Prices varied noticeably countryorigin: the country with the highest price was New Zealand ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood pulp market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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