Canada: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2025

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

In 2022, after two years of decline, there was significant growth in the Canadian market for wood pulp, excluding mechanical wood pulp, when its value increased by 75% to $X. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Canada

In value terms, production of wood pulp, excluding mechanical wood pulp fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 20%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from Canada

For the fifth consecutive year, Canada recorded decline in overseas shipments of wood pulp, excluding mechanical wood pulp, which decreased by -0.7% to X tons in 2022. In general, exports recorded a mild contraction. The growth pace was the most rapid in 2015 when exports increased by 2.5%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp expanded markedly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), China (X tons) and Indonesia (X tons) were the main destinations of exports of wood pulp, excluding mechanical wood pulp from Canada, with a combined 81% share of total exports. India, South Korea, Japan and Thailand lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +7.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Indonesia ($X) were the largest markets for wood pulp, excluding mechanical wood pulp exported from Canada worldwide, together comprising 80% of total exports. India, Japan, South Korea and Thailand lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, India, with a CAGR of +8.2%, 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

The average export price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, increasing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 26%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($X per ton) and Japan ($X per ton), while the average price for exports to the United States ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into Canada

After five years of growth, supplies from abroad of wood pulp, excluding mechanical wood pulp decreased by -18.1% to X tons in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2018 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then shrank remarkably in the following year.

In value terms, imports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and the United States (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Canada.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +8.2%).

In value terms, the largest wood pulp, excluding mechanical wood pulp suppliers to Canada were the United States ($X) and Brazil ($X).

Among the main suppliers, Brazil, with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average import price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, surging by 47% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.9%).

Source: IndexBox Platform

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