Africa: Semi-Chemical Wood Pulp Market 2024

Semi-Chemical Wood Pulp Market Size in Africa

The African semi-chemical wood pulp market rose rapidly to $X in 2022, picking up by 10% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Semi-Chemical Wood Pulp Production in Africa

In value terms, semi-chemical wood pulp production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 484%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Semi-Chemical Wood Pulp Exports

Exports in Africa

In 2022, semi-chemical wood pulp exports in Africa soared to X tons, picking up by 119% against the previous year's figure. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 444%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, semi-chemical wood pulp exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when exports increased by 264% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa represented the largest exporting country with an export of about X tons, which recorded 77% of total exports. It was distantly followed by Egypt (X tons), creating a 21% share of total exports. Morocco (X tons) held a little share of total exports.

South Africa was also the fastest-growing in terms of the semi-chemical wood pulp exports, with a CAGR of +165.8% from 2012 to 2022. At the same time, Egypt (+90.7%) displayed positive paces of growth. By contrast, Morocco (-40.3%) illustrated a downward trend over the same period. While the share of South Africa (+77 p.p.) and Egypt (+21 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (-98 p.p.) displayed negative dynamics.

In value terms, the largest semi-chemical wood pulp supplying countries in Africa were South Africa ($X), Egypt ($X) and Morocco ($X), with a combined 99.9% share of total exports.

South Africa, with a CAGR of +115.1%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, dropping by -14.7% against the previous year. In general, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2018 when the export price increased by 30%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+16.5%), while the other leaders experienced a decline in the export price figures.

Semi-Chemical Wood Pulp Imports

Imports in Africa

In 2022, semi-chemical wood pulp imports in Africa skyrocketed to X tons, increasing by 16% against the previous year. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, semi-chemical wood pulp imports soared to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt dominates imports structure, accounting for X tons, which was approx. 97% of total imports in 2022. Nigeria (X tons) followed a long way behind the leaders.

Imports into Egypt increased at an average annual rate of +6.5% from 2012 to 2022. At the same time, Nigeria (+19.1%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Africa, with a CAGR of +19.1% from 2012-2022. From 2012 to 2022, the share of Nigeria increased by +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported semi-chemical wood pulp in Africa, comprising 95% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 3.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to +6.2%.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Egypt stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+6.4%).

Source: IndexBox Platform

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