Colombia: Wood Pulp Market 2024

Wood Pulp Market Size in Colombia

In 2022, the Colombian wood pulp market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wood Pulp Production in Colombia

In value terms, wood pulp production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wood Pulp Exports

Exports from Colombia

In 2022, wood pulp exports from Colombia soared to X tons, rising by X% on 2021. Overall, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood pulp exports soared to $X in 2022. In general, exports showed a strong increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X tons) was the main destination for wood pulp exports from Colombia, with a X% share of total exports. Moreover, wood pulp exports to Ecuador exceeded the volume sent to the second major destination, Costa Rica (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and the Dominican Republic (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for wood pulp exports from Colombia, comprising X% of total exports. The second position in the ranking was taken by Costa Rica ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

In 2022, the average wood pulp export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a perceptible setback. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the Dominican Republic ($X per ton), while the average price for exports to Ecuador ($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 the Dominican Republic (X%), while the prices for the other major destinations experienced a decline.

Wood Pulp Imports

Imports into Colombia

In 2022, overseas purchases of wood pulp increased by X% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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. Overall, total imports indicated a buoyant expansion 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. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), Brazil (X tons) and Chile (X tons) were the main suppliers of wood pulp imports to Colombia, with a combined X% share of total imports.

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

In value terms, the largest wood pulp suppliers to Colombia were the United States ($X), Brazil ($X) and Chile ($X), with a combined X% share of total imports.

Brazil, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average wood pulp import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, 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, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Canada ($X per ton), while the price for Brazil ($X per ton) and Chile ($X per ton) were 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 more modest paces of growth.

Source: IndexBox Platform

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