Malaysia: Wood Pulp Market 2024

Wood Pulp Market Size in Malaysia

The Malaysian wood pulp market declined modestly to $X in 2022, flattening at the previous year. Overall, consumption saw a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Wood Pulp Production in Malaysia

In value terms, wood pulp production shrank to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Wood pulp production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Wood Pulp Exports

Exports from Malaysia

In 2022, overseas shipments of wood pulp increased by X% to X tons, rising for the fifth consecutive year after three years of decline. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, wood pulp exports amounted to $X in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for wood pulp exports from Malaysia, with a X% share of total exports. It was followed by India (X tons), with a X% share of total exports. The third position in this ranking was held by Bangladesh (X tons), with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Bangladesh (X% per year).

In value terms, China ($X) remains the key foreign market for wood pulp exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

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

Export Prices by Country

In 2022, the average wood pulp export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to China ($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 Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Malaysia

Wood pulp imports into Malaysia surged to X tons in 2022, with an increase of X% compared with 2021. In general, total imports indicated a resilient expansion from 2012 to 2022: its volume 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pulp imports skyrocketed to $X in 2022. Overall, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons), the United States (X tons) and Brazil (X tons) were the main suppliers of wood pulp imports to Malaysia, together comprising X% of total imports.

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

In value terms, the largest wood pulp suppliers to Malaysia were Indonesia ($X), the United States ($X) and Brazil ($X), together comprising X% of total imports.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, import price indicated a resilient expansion 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 attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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