Asia-Pacific: Wood Pulp Market 2025

Wood Pulp Market Size in Asia-Pacific

In 2022, the Asia-Pacific wood pulp market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Wood Pulp Production in Asia-Pacific

In value terms, wood pulp production reduced slightly to $X in 2022 estimated in export price. The total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Wood Pulp Exports

Exports in Asia-Pacific

In 2022, overseas shipments of wood pulp decreased by X% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, wood pulp exports soared to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Indonesia (X tons) was the major exporter of wood pulp, committing X% of total exports. It was distantly followed by New Zealand (X tons) and Malaysia (X tons), together constituting a X% share of total exports. The following exporters - Japan (X tons), Singapore (X tons), Lao People's Democratic Republic (X tons) and China (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to wood pulp exports from Indonesia stood at X%. At the same time, China (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Japan and New Zealand experienced a relatively flat trend pattern. By contrast, Lao People's Democratic Republic (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Malaysia, China and Singapore increased by X, X, X and X percentage points, respectively.

In value terms, Indonesia ($X) remains the largest wood pulp supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

In Indonesia, wood pulp exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Singapore (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price showed mild growth. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Wood Pulp Imports

Imports in Asia-Pacific

In 2022, overseas purchases of wood pulp decreased by X% to X tons, falling for the second year in a row after nine years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, wood pulp imports rose significantly to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

China dominates imports structure, accounting for X tons, which was near X% of total imports in 2022. India (X tons) took the second position in the ranking, followed by South Korea (X tons). All these countries together took approx. X% share of total imports. Japan (X tons), Indonesia (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wood pulp imports into China stood at X%. At the same time, India (X%) and Thailand (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total imports, while Japan and South Korea saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported wood pulp in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, wood pulp imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Japan ($X per ton) and Thailand ($X per ton), while South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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