Malaysia: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2025

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Malaysia

After two years of decline, the Malaysian market for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 37% to $X in 2021. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Malaysia

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced setback. Over the period under review, production of reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports from Malaysia

In 2021, overseas shipments of chemical wood pulp (soda and sulphate, other than dissolving grades) decreased by -74.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 569% against the previous year. The exports peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) fell sharply to $X in 2021. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 598%. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Singapore (X tons) and China (X tons) were the main destinations of exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Malaysia, together accounting for 79% of total exports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +204.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for chemical wood pulp (soda and sulphate, other than dissolving grades) exports from Malaysia, comprising 47% of total exports. The second position in the ranking was held by Singapore ($X), with a 22% share of total exports. It was followed by South Africa, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to +140.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+155.9% per year) and South Africa (+22.4% per year).

Export Prices by Country

In 2021, the average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, rising by 36% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was South Africa ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports into Malaysia

In 2021, approx. X tons of chemical wood pulp (soda and sulphate, other than dissolving grades) were imported into Malaysia; jumping by 20% on the year before. The total import volume increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2021. Over the period under review, total imports indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.6% against 2018 indices. Over the period under review, imports of attained the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of soda and sulphate chemical wood pulp to Malaysia, accounting for a 41% share of total imports. Moreover, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) from the United States exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Brazil (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+7.4% per year) and Brazil (-5.7% per year).

In value terms, the United States ($X) constituted the largest supplier of chemical wood pulp (soda and sulphate, other than dissolving grades) to Malaysia, comprising 43% of total imports. The second position in the ranking was taken by Russia ($X), with a 12% share of total imports. It was followed by New Zealand, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+14.1% per year) and New Zealand (+0.9% per year).

Import Prices by Country

The average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2021, increasing by 26% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Canada ($X per ton) and Japan ($X per ton), while the price for Brazil ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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