Canada: 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 Canada

The Canadian market for chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021, with an increase of 21% against the previous year. Over the period under review, consumption, however, saw a slight curtailment. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

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

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) expanded to $X in 2021 estimated in export price. In general, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by 12%. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth remained at a somewhat lower figure.

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

Exports from Canada

In 2021, overseas shipments of chemical wood pulp (soda and sulphate, other than dissolving grades) decreased by -5.5% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2015 when exports increased by 4.6% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), China (X tons) and Japan (X tons) were the main destinations of exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Canada, together comprising 89% of total exports. These countries were followed by Indonesia and South Korea, which together accounted for a further 5.9%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +7.8%), while shipments for the other leaders experienced a decline.

In value terms, China ($X), the United States ($X) and Japan ($X) constituted the largest markets for soda and sulphate chemical wood pulp exported from Canada worldwide, with a combined 88% share of total exports. These countries were followed by Indonesia and South Korea, which together accounted for a further 6.5%.

In terms of the main countries of destination, Indonesia, with a CAGR of +10.8%, recorded the highest growth rate of 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

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2021, with an increase of 33% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Indonesia ($X per ton) and South Korea ($X per ton), while the average price for exports to the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.2%), 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 Canada

In 2021, overseas purchases of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 21% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 27%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 21% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), Brazil (X tons) and Chile (X tons) were the main suppliers of imports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Canada, together accounting for 97% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +23.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soda and sulphate chemical wood pulp suppliers to Canada were the United States ($X), Brazil ($X) and Chile ($X), together accounting for 97% of total imports.

In terms of the main suppliers, Chile, with a CAGR of +23.2%, saw the highest growth rate of the value of imports, 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, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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