South Africa: Wood Pulp Market 2022

Wood Pulp Market Size in South Africa

The South African wood pulp market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2021: its value 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, consumption decreased by -X% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Wood Pulp Production in South Africa

In value terms, wood pulp production amounted to $X in 2021 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2021: its value 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. Based on 2021 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Wood pulp production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Wood Pulp Exports

Exports from South Africa

In 2021, the amount of wood pulp exported from South Africa declined to X tons, falling by -X% against the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood pulp exports fell slightly to $X in 2021. Overall, exports saw a slight decrease. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons), India (X tons) and Thailand (X tons) were the main destinations of wood pulp exports from South Africa, with a combined X% share of total exports. Indonesia, Austria, the UK and Ireland lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood pulp exported from South Africa were China ($X), India ($X) and Indonesia ($X), with a combined X% share of total exports. These countries were followed by Thailand, Austria, the UK and Ireland, which together accounted for a further X terms of the main countries of destination, Austria, with a CAGR of +X%, recorded 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 wood pulp export price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Ireland ($X per ton), while the average price for exports to Thailand ($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 Ireland (+X%), while the prices for the other major destinations experienced a decline.

Wood Pulp Imports

Imports into South Africa

In 2021, after two years of decline, there was significant growth in overseas purchases of wood pulp, when their volume increased by X% to X tons. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume 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. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wood pulp imports soared to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value 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, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Brazil (X tons) and Sweden (X tons) were the main suppliers of wood pulp imports to South Africa, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Brazil ($X) and Sweden ($X) constituted the largest wood pulp suppliers to South Africa, with a combined X% share of total imports.

Brazil, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wood pulp import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a mild decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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