ASEAN: Recovered Fibre Pulp Market 2025

Recovered Fibre Pulp Market Size in ASEAN

For the tenth year in a row, the ASEAN recovered fibre pulp market recorded decline in sales value, which decreased by -2.2% to $X in 2022. Over the period under review, consumption, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with a decrease of -0.6% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Recovered Fibre Pulp Production in ASEAN

In value terms, recovered fibre pulp production rose sharply to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 37%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Recovered Fibre Pulp Exports

Exports in ASEAN

Recovered fibre pulp exports skyrocketed to X tons in 2022, picking up by 24% on the previous year. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 253% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, recovered fibre pulp exports expanded to $X in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 169% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Thailand (X tons) represented the largest exporter of recovered fibre pulp, achieving 59% of total exports. Malaysia (X tons) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (12%) and Lao People's Democratic Republic (6.3%). Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to recovered fibre pulp exports from Thailand stood at +211.1%. At the same time, Indonesia (+464.4%), Malaysia (+95.4%) and Vietnam (+12.1%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +464.4% from 2012-2022. By contrast, Lao People's Democratic Republic (-2.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Malaysia, Indonesia and Lao People's Democratic Republic increased by +59, +17, +12 and +6.3 percentage points, respectively.

In value terms, Thailand ($X) remains the largest recovered fibre pulp supplier in ASEAN, comprising 60% of total exports. The second position in the ranking was held by Malaysia ($X), with a 22% share of total exports. It was followed by Lao People's Democratic Republic, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to +145.3%. In the other countries, the average annual rates were as follows: Malaysia (+81.0% per year) and Lao People's Democratic Republic (-3.8% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, declining by -16.9% against the previous year. Overall, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2021 when the export price increased by 15%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (-1.8%), while the other leaders experienced a decline in the export price figures.

Recovered Fibre Pulp Imports

Imports in ASEAN

In 2022, imports of recovered fibre pulp in ASEAN soared to X tons, jumping by 16% against 2021 figures. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 50% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, recovered fibre pulp imports stood at $X in 2022. In general, imports showed a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by 66% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Thailand (X tons) was the main importer of recovered fibre pulp, comprising 66% of total imports. It was distantly followed by Lao People's Democratic Republic (X tons), achieving a 24% share of total imports. The following importers - Singapore (X tons) and Indonesia (X tons) - each resulted at an 8.2% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to recovered fibre pulp imports into Thailand stood at +4.9%. At the same time, Lao People's Democratic Republic (+63.0%), Singapore (+43.0%) and Indonesia (+33.0%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in ASEAN, with a CAGR of +63.0% from 2012-2022. Lao People's Democratic Republic (+23 p.p.), Singapore (+4 p.p.) and Indonesia (+3.4 p.p.) significantly strengthened its position in terms of the total imports, while Thailand saw its share reduced by -26.1% from 2012 to 2022, respectively.

In value terms, Thailand ($X) constitutes the largest market for imported recovered fibre pulp in ASEAN, comprising 71% of total imports. The second position in the ranking was taken by Lao People's Democratic Republic ($X), with a 19% share of total imports. It was followed by Indonesia, with a 3.7% share.

In Thailand, recovered fibre pulp imports increased at an average annual rate of +6.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (+59.0% per year) and Indonesia (+23.8% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, declining by -8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 38%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Thailand ($X per ton) and Indonesia ($X per ton), while Lao People's Democratic Republic ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform