Argentina: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Argentina

The Argentinian market for wood pulp, excluding mechanical wood pulp rose markedly to $X in 2022, growing by 8.1% against the previous year. Over the period under review, consumption, however, saw a noticeable downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Argentina

In value terms, production of wood pulp, excluding mechanical wood pulp contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 94% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Argentina

In 2022, shipments abroad of wood pulp, excluding mechanical wood pulp was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 24%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp fell to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Brazil (X tons) and Chile (X tons) were the main destinations of exports of wood pulp, excluding mechanical wood pulp from Argentina, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +28.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wood pulp, excluding mechanical wood pulp exported from Argentina were Brazil ($X), China ($X) and Chile ($X), together accounting for 100% of total exports.

China, with a CAGR of +27.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, with a decrease of -12.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 33%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Argentina

In 2022, imports of wood pulp, excluding mechanical wood pulp into Argentina expanded sharply to X tons, growing by 9.5% against 2021 figures. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 36% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +61.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), Uruguay (X tons) and the United States (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Argentina, together accounting for 98% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +23.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest wood pulp, excluding mechanical wood pulp suppliers to Argentina were Brazil ($X), Uruguay ($X) and the United States ($X), with a combined 98% share of total imports.

Uruguay, with a CAGR of +25.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, jumping by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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