Chile: Wood Pulp Market 2024

Wood Pulp Market Size in Chile

In 2022, the Chilean wood pulp market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption continues to indicate notable growth. Wood pulp consumption peaked in 2022 and is expected to retain growth in years to come.

Wood Pulp Production in Chile

In value terms, wood pulp production declined slightly to $X in 2022 estimated in export price. Overall, production recorded a slight contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Wood Pulp Exports

Exports from Chile

For the fourth year in a row, Chile recorded decline in shipments abroad of wood pulp, which decreased by X% to X tons in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood pulp exports rose modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for wood pulp exports from Chile, with a X% share of total exports. Moreover, wood pulp exports to China exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and the Netherlands (X% per year).

In value terms, China ($X) remains the key foreign market for wood pulp exports from Chile, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas 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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Chile

In 2022, overseas purchases of wood pulp increased by X% to X tons, rising for the third year in a row after four years of decline. Overall, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pulp imports soared to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% 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), the United States (X tons) and Argentina (X tons) were the main suppliers of wood pulp imports to Chile, with a combined X% share of total imports. Mexico lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wood pulp suppliers to Chile were the United States ($X), Brazil ($X) and Argentina ($X), together comprising X% of total imports. Mexico lagged somewhat behind, accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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