Central Asia: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Central Asia

In 2022, the Central Asian market for wood pulp, excluding mechanical wood pulp increased by 77% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Central Asia

In value terms, production of wood pulp, excluding mechanical wood pulp dropped modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by 29%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in Central Asia

In 2022, the amount of wood pulp, excluding mechanical wood pulp exported in Central Asia soared to X tons, rising by 2,213% against 2021 figures. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 9,107%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, exports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 7,456%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

The biggest shipments were from Uzbekistan (X tons), together amounting to 100% of total export.

Uzbekistan was also the fastest-growing in terms of the wood pulp, excluding mechanical wood pulp exports, with a CAGR of +153.1% from 2014 to 2022. While the share of Uzbekistan (+99 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

From 2014 to 2022, the average annual growth rate of value in Uzbekistan stood at +216.3%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 when the export price increased by 113%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2014 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +24.9% per year.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in Central Asia

In 2022, purchases abroad of wood pulp, excluding mechanical wood pulp increased by 66% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 75%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of wood pulp, excluding mechanical wood pulp soared to $X in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Uzbekistan was the major importing country with an import of about X tons, which recorded 66% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Mongolia (X tons). All these countries together held approx. 32% share of total imports. Turkmenistan (X tons) followed a long way behind the leaders.

Uzbekistan was also the fastest-growing in terms of the wood pulp, excluding mechanical wood pulp imports, with a CAGR of +68.3% from 2012 to 2022. At the same time, Mongolia (+36.9%), Kazakhstan (+9.3%) and Turkmenistan (+4.4%) displayed positive paces of growth. Uzbekistan (+63 p.p.) and Mongolia (+4 p.p.) significantly strengthened its position in terms of the total imports, while Turkmenistan and Kazakhstan saw its share reduced by -9.1% and -57.6% from 2012 to 2022, respectively.

In value terms, Uzbekistan ($X) constitutes the largest market for imported wood pulp, excluding mechanical wood pulp in Central Asia, comprising 67% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 26% share of total imports. It was followed by Mongolia, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan totaled +65.2%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+10.9% per year) and Mongolia (+37.5% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 25%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Uzbekistan ($X per ton) and Kazakhstan ($X per ton), while Turkmenistan ($X per ton) and Mongolia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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