Asia-Pacific: Market for Pulp From Fibres Other Than Wood 2025

Market Size for Pulp From Fibres Other Than Wood in Asia-Pacific

The Asia-Pacific market for pulp from fibres other than wood dropped to $X in 2022, waning by -2.1% against the previous year. In general, consumption recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when the market value increased by 4%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pulp From Fibres Other Than Wood in Asia-Pacific

In value terms, production of pulp from fibres other than wood shrank modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when the production volume increased by 5.9% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Pulp From Fibres Other Than Wood

Exports in Asia-Pacific

In 2022, the amount of pulp from fibres other than wood exported in Asia-Pacific stood at X tons, stabilizing at 2021. In general, exports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2017 when exports increased by 22% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of pulp from fibres other than wood surged to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 +61.8% against 2013 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X tons) represented the key exporter of pulp from fibres other than wood, generating 66% of total exports. It was distantly followed by the Philippines (X tons) and Thailand (X tons), together creating a 30% share of total exports. India (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +4.6% from 2012 to 2022. At the same time, India (+26.3%) and the Philippines (+2.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +26.3% from 2012-2022. By contrast, Thailand (-15.1%) illustrated a downward trend over the same period. While the share of China (+31 p.p.), the Philippines (+6.8 p.p.) and India (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (-32 p.p.) displayed negative dynamics.

In value terms, the largest pulp from fibres other than wood supplying countries in Asia-Pacific were China ($X), the Philippines ($X) and Thailand ($X), with a combined 97% share of total exports.

Among the main exporting countries, the Philippines, with a CAGR of +6.2%, saw the highest rates of growth with regard to 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

In 2022, the export price in Asia-Pacific amounted to $X per ton, jumping by 17% against the previous year. Export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pulp from fibres other than wood increased by +68.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the export price increased by 31%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Pulp From Fibres Other Than Wood

Imports in Asia-Pacific

In 2022, approx. X tons of pulp from fibres other than wood were imported in Asia-Pacific; dropping by -10.2% against the previous year's figure. Over the period under review, imports recorded a noticeable setback. The growth pace was the most rapid in 2018 with an increase of 23%. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pulp from fibres other than wood expanded notably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Japan (X tons), China (X tons) and South Korea (X tons) represented roughly 74% of total imports in 2022. Indonesia (X tons) ranks next in terms of the total imports with a 7% share, followed by Thailand (6.5%). The following importers - India (X tons) and Vietnam (X tons) - each amounted to a 5.4% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +2.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest pulp from fibres other than wood importing markets in Asia-Pacific were Japan ($X), South Korea ($X) and China ($X), together comprising 77% of total imports.

South Korea, with a CAGR of +3.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, picking up by 26% against the previous year. Import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pulp from fibres other than wood increased by +59.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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