Canada: Market for Pulp From Fibres Other Than Wood 2024

Market Size for Pulp From Fibres Other Than Wood in Canada

The Canadian market for pulp from fibres other than wood rose markedly to $X in 2022, with an increase of 12% against the previous year. Overall, consumption, however, recorded a perceptible shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pulp From Fibres Other Than Wood in Canada

In value terms, production of pulp from fibres other than wood stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 14% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Pulp From Fibres Other Than Wood

Exports from Canada

In 2022, the amount of pulp from fibres other than wood exported from Canada reduced to X tons, waning by -10.4% compared with the previous year's figure. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 172% against the previous year. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, exports of pulp from fibres other than wood fell sharply to $X in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 1,883% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for exports of pulp from fibres other than wood from Canada, accounting for a 74% share of total exports. Moreover, exports of pulp from fibres other than wood to the United States exceeded the volume sent to the second major destination, Kuwait (X tons), sixfold. The third position in this ranking was held by Jamaica (X tons), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +69.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-11.1% per year) and Jamaica (-11.4% per year).

In value terms, the United States ($X) remains the key foreign market for pulp from fibres other than wood exports from Canada, comprising 98% of total exports. The second position in the ranking was held by Kuwait ($X), with a 0.9% share of total exports. It was followed by Jamaica, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +65.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-10.9% per year) and Jamaica (+10.5% per year).

Export Prices by Country

The average export price for pulp from fibres other than wood stood at $X per ton in 2022, declining by -26.6% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 1,741%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Kuwait ($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 Jamaica (+25.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pulp From Fibres Other Than Wood

Imports into Canada

In 2022, overseas purchases of pulp from fibres other than wood increased by 8.4% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 78%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of pulp from fibres other than wood reduced to $X in 2022. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 68% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest pulp from fibres other than wood supplier to Canada, accounting for a 56% share of total imports. Moreover, imports of pulp from fibres other than wood from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Norway (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+61.2% per year) and Norway (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of pulp from fibres other than wood to Canada, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+66.0% per year) and China (+38.4% per year).

Import Prices by Country

The average import price for pulp from fibres other than wood stood at $X per ton in 2022, falling by -18.6% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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