Ecuador: Wood Pulp Market 2024

Wood Pulp Market Size in Ecuador

In 2022, the Ecuadorian wood pulp market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank in the following year.

Wood Pulp Production in Ecuador

In value terms, wood pulp production declined to $X in 2022 estimated in export price. Overall, production recorded a measured increase. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Wood Pulp Exports

Exports from Ecuador

In 2022, shipments abroad of wood pulp increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, wood pulp exports surged to $X in 2022. In general, exports showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Peru (X tons) and Colombia (X tons) were the main destinations of wood pulp exports from Ecuador.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%).

In value terms, Peru ($X) and Colombia ($X) constituted the largest markets for wood pulp exported from Ecuador worldwide.

In terms of the main countries of destination, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average wood pulp export price stood at $X per ton in 2022, surging by X% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price 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, wood pulp export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Colombia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%).

Wood Pulp Imports

Imports into Ecuador

In 2022, supplies from abroad of wood pulp decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports saw a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, wood pulp imports rose remarkably to $X in 2022. Over the period under review, total imports indicated moderate growth 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 most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest wood pulp supplier to Ecuador, with a X% share of total imports. Moreover, wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Chile (X tons), fivefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of wood pulp to Ecuador, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average wood pulp import price amounted to $X per ton, increasing by X% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price 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, wood pulp import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Colombia ($X per ton) and Germany ($X per ton), while the price for Chile ($X per ton) and Brazil ($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

Frequently Asked Questions (FAQ) :