China: Mechanical Wood Pulp Market 2025

Mechanical Wood Pulp Market Size in China

The Chinese mechanical wood pulp market totaled $X in 2022, surging by 2.8% against the previous year. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.8% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mechanical Wood Pulp Production in China

In value terms, mechanical wood pulp production rose sharply to $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 382%. Mechanical wood pulp production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mechanical Wood Pulp Exports

Exports from China

Mechanical wood pulp exports from China reduced dramatically to X tons in 2022, declining by -50.1% on the previous year's figure. In general, exports, however, continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2019 when exports increased by 10,805%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, mechanical wood pulp exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 17,720% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for mechanical wood pulp exports from China, accounting for a 44% share of total exports. Moreover, mechanical wood pulp exports to Russia exceeded the volume sent to the second major destination, Tanzania (X tons), twofold. Mozambique (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+94.2% per year) and Mozambique (+415.9% per year).

In value terms, the largest markets for mechanical wood pulp exported from China were Russia ($X), Tanzania ($X) and Mozambique ($X), together accounting for 94% of total exports.

In terms of the main countries of destination, Mozambique, with a CAGR of +557.1%, saw 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 mechanical wood pulp export price stood at $X per ton in 2022, jumping by 221% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to South Africa ($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 Mozambique (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mechanical Wood Pulp Imports

Imports into China

In 2022, mechanical wood pulp imports into China declined markedly to X tons, dropping by -62.3% on the previous year. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 114% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank dramatically in the following year.

In value terms, mechanical wood pulp imports contracted remarkably to $X in 2022. Overall, imports recorded a noticeable decrease. The pace of growth was the most pronounced in 2017 when imports increased by 156% against the previous year. Imports peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of mechanical wood pulp to China, with a 50% share of total imports. Moreover, mechanical wood pulp imports from Germany exceeded the figures recorded by the second-largest supplier, Norway (X tons), threefold. The third position in this ranking was taken by France (X tons), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+19.5% per year) and France (+89.1% per year).

In value terms, the largest mechanical wood pulp suppliers to China were Germany ($X), the United States ($X) and France ($X), with a combined 86% share of total imports.

Among the main suppliers, France, with a CAGR of +84.5%, saw the highest rates of growth with regard to 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

The average mechanical wood pulp import price stood at $X per ton in 2022, growing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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