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

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

In 2022, after two years of growth, there was significant decline in the Brazilian market for wood pulp, excluding mechanical wood pulp, when its value decreased by -65.4% to $X. Overall, consumption continues to indicate a abrupt decrease. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Brazil

In value terms, production of wood pulp, excluding mechanical wood pulp reached $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 19%. Over the period under review, production of attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Brazil

For the eleventh consecutive year, Brazil recorded growth in shipments abroad of wood pulp, excluding mechanical wood pulp, which increased by 22% to X tons in 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +8.3% 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 +122.0% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for exports of wood pulp, excluding mechanical wood pulp from Brazil, accounting for a 45% share of total exports. Moreover, exports of wood pulp, excluding mechanical wood pulp to China exceeded the volume sent to the second major destination, the United States (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+4.6% per year) and Italy (+8.0% per year).

In value terms, China ($X) remains the key foreign market for wood pulp, excluding mechanical wood pulp exports from Brazil, comprising 40% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by Italy, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+2.6% per year) and Italy (+6.2% per year).

Export Prices by Country

In 2022, the average export price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, rising by 2.3% against the previous year. Over the period under review, the export price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 an increase of 19%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Germany ($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 Japan (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Brazil

In 2022, approx. X tons of wood pulp, excluding mechanical wood pulp were imported into Brazil; with a decrease of -15.2% compared with 2021. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Over the period under review, imports of reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of wood pulp, excluding mechanical wood pulp rose remarkably to $X in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Argentina (X tons), the United States (X tons) and Sweden (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Brazil, together comprising 92% of total imports. Germany, Russia, Chile and Finland lagged somewhat behind, together comprising a further 5.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +1.5%), while imports for the other leaders experienced a decline.

In value terms, Argentina ($X), the United States ($X) and Sweden ($X) were the largest wood pulp, excluding mechanical wood pulp suppliers to Brazil, together comprising 91% of total imports. Germany, Russia, Chile and Finland lagged somewhat behind, together accounting for a further 6.6%.

In terms of the main suppliers, Germany, with a CAGR of +5.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, increasing by 26% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 wood pulp, excluding mechanical wood pulp increased by +56.6% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Finland ($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 (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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