Belarus: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Belarus

The Belarusian market for chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021, increasing by 19% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -22.0% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Belarus

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.2% against 2019 indices. The growth pace was the most rapid in 2018 when the production volume increased by 51% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports from Belarus

In 2021, overseas shipments of chemical wood pulp (soda and sulphate, other than dissolving grades) decreased by -4.2% to X tons for the first time since 2013, thus ending a seven-year rising trend. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2019 when exports increased by 447% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020, and then shrank modestly in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2019 with an increase of 276%. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Russia (X tons) and Serbia (X tons) were the main destinations of exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Belarus, together accounting for 80% of total exports. These countries were followed by Ukraine, India, the United Arab Emirates and Turkey, which together accounted for a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +251.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soda and sulphate chemical wood pulp exported from Belarus were China ($X), Russia ($X) and Serbia ($X), with a combined 80% share of total exports. These countries were followed by Ukraine, India, the United Arab Emirates and Turkey, which together accounted for a further 9.3%.

The United Arab Emirates, with a CAGR of +286.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2021, rising by 46% against the previous year. Over the period under review, the export price, however, showed a deep setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+64.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports into Belarus

In 2021, supplies from abroad of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 31% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 40%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. Overall, imports, however, recorded a mild contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X tons), Finland (X tons) and Portugal (X tons) were the main suppliers of imports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Belarus, together comprising 61% of total imports. These countries were followed by Lithuania, Sweden, the United States, Uruguay and Slovakia, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +71.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Finland ($X) and Portugal ($X) constituted the largest soda and sulphate chemical wood pulp suppliers to Belarus, together comprising 61% of total imports. Lithuania, the United States, Sweden, Slovakia and Uruguay lagged somewhat behind, together comprising a further 34%.

Slovakia, with a CAGR of +49.7%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, jumping by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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