India: Unbleached Sulphate Pulp Market 2024

Unbleached Sulphate Pulp Market Size in India

In 2022, the Indian unbleached sulphate pulp market increased by 12% to $X, rising for the seventh year in a row after two years of decline. The market value increased at an average annual rate of +4.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Unbleached sulphate pulp consumption peaked in 2022 and is expected to retain growth in years to come.

Unbleached Sulphate Pulp Production in India

In value terms, unbleached sulphate pulp production reached $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.6% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 51%. Unbleached sulphate pulp production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Unbleached Sulphate Pulp Exports

Exports from India

After six years of growth, shipments abroad of unbleached sulphate pulp decreased by -3.4% to X tons in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2014 with an increase of 367%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell slightly in the following year.

In value terms, unbleached sulphate pulp exports dropped to $X in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 240%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Nepal (X tons) was the main destination for unbleached sulphate pulp exports from India, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nepal stood at +36.2%.

In value terms, Nepal ($X) also remains the key foreign market for unbleached sulphate pulp exports from India.

From 2012 to 2022, the average annual growth rate of value to Nepal totaled +44.0%.

Export Prices by Country

In 2022, the average unbleached sulphate pulp export price amounted to $X per ton, with a decrease of -5.1% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unbleached sulphate pulp export price increased by +65.7% against 2016 indices. The pace of growth was the most pronounced in 2015 an increase of 73% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +5.7% per year.

Unbleached Sulphate Pulp Imports

Imports into India

Unbleached sulphate pulp imports into India skyrocketed to X tons in 2022, growing by 53% compared with 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +111.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unbleached sulphate pulp imports soared to $X in 2022. Overall, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons), the United States (X tons) and France (X tons) were the main suppliers of unbleached sulphate pulp imports to India, with a combined 55% share of total imports. Russia, China, Finland, Germany, Chile and Canada lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +140.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and Sweden ($X) constituted the largest unbleached sulphate pulp suppliers to India, with a combined 54% share of total imports. Russia, the United States, Germany, Finland, Chile and Canada lagged somewhat behind, together comprising a further 42%.

Among the main suppliers, Finland, with a CAGR of +155.1%, recorded 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

In 2022, the average unbleached sulphate pulp import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2018 an increase of 21% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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