Eastern Asia: Market for Dissolving Grade Wood Pulp 2025

Market Size for Dissolving Grade Wood Pulp in Eastern Asia

In 2022, the East Asian dissolving grade wood pulp market increased by 7% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Production of Dissolving Grade Wood Pulp in Eastern Asia

In value terms, dissolving grade wood pulp production expanded notably to $X in 2022 estimated in export price. Overall, production, however, saw a mild decrease. The pace of growth appeared the most rapid in 2013 when the production volume increased by 57%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Dissolving Grade Wood Pulp

Exports in Eastern Asia

In 2022, approx. X tons of dissolving grade wood pulp were exported in Eastern Asia; with a decrease of -6.1% against the previous year's figure. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 73% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, dissolving grade wood pulp exports expanded modestly to $X in 2022. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2014 with an increase of 66% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Japan prevails in exports structure, reaching X tons, which was near 97% of total exports in 2022. China (X tons) took a little share of total exports.

Exports from Japan increased at an average annual rate of +14.3% from 2012 to 2022. At the same time, China (+24.8%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +24.8% from 2012-2022. While the share of Japan (+5.2 p.p.) and China (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest dissolving grade wood pulp supplier in Eastern Asia, comprising 98% of total exports. The second position in the ranking was taken by China ($X), with a 1.8% share of total exports.

In Japan, dissolving grade wood pulp exports increased at an average annual rate of +13.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, rising by 9.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by 44% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.4%).

Imports of Dissolving Grade Wood Pulp

Imports in Eastern Asia

In 2022, overseas purchases of dissolving grade wood pulp decreased by -2% to X tons for the first time since 2016, thus ending a five-year rising trend. Total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% 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 +45.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 21%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted modestly in the following year.

In value terms, dissolving grade wood pulp imports expanded remarkably to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China dominates imports structure, recording X tons, which was near 92% of total imports in 2022. Japan (X tons) and Taiwan (Chinese) (X tons) held a little share of total imports.

China was also the fastest-growing in terms of the dissolving grade wood pulp imports, with a CAGR of +7.8% from 2012 to 2022. Japan (-2.4%) and Taiwan (Chinese) (-8.2%) illustrated a downward trend over the same period. China (+25 p.p.) significantly strengthened its position in terms of the total imports, while Japan and Taiwan (Chinese) saw its share reduced by -2.7% and -4% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported dissolving grade wood pulp in Eastern Asia, comprising 92% of total imports. The second position in the ranking was held by Japan ($X), with a 4.3% share of total imports.

In China, dissolving grade wood pulp imports increased at an average annual rate of +6.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-3.7% per year) and Taiwan (Chinese) (-10.1% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :