MENA: Semi-Chemical Wood Pulp Market 2024

Semi-Chemical Wood Pulp Market Size in MENA

The MENA's semi-chemical wood pulp market rose remarkably to $X in 2022, with an increase of 9.2% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Semi-Chemical Wood Pulp Production in MENA

In value terms, semi-chemical wood pulp production rose to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 8.8%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Semi-Chemical Wood Pulp Exports

Exports in MENA

In 2022, approx. X tons of semi-chemical wood pulp were exported in MENA; surging by 20% against the year before. Overall, exports, however, saw a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 381% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, semi-chemical wood pulp exports soared to $X in 2022. Over the period under review, exports, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 294% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt dominates exports structure, accounting for X tons, which was near 88% of total exports in 2022. It was distantly followed by Morocco (X tons), generating a 7.5% share of total exports. The United Arab Emirates (X tons) and Israel (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the semi-chemical wood pulp exports, with a CAGR of +90.7% from 2012 to 2022. Israel (-14.1%), the United Arab Emirates (-15.7%) and Morocco (-40.3%) illustrated a downward trend over the same period. While the share of Egypt (+88 p.p.) and the United Arab Emirates (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (-90.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) emerged as the largest semi-chemical wood pulp supplier in MENA, comprising 68% of total exports. The second position in the ranking was taken by Morocco ($X), with a 27% share of total exports. It was followed by the United Arab Emirates, with a 3% share.

In Egypt, semi-chemical wood pulp exports increased at an average annual rate of +76.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (-30.5% per year) and the United Arab Emirates (-13.9% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, increasing by 4.3% against the previous year. Export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semi-chemical wood pulp export price decreased by -34.9% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 42%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+16.5%), while the other leaders experienced mixed trends in the export price figures.

Semi-Chemical Wood Pulp Imports

Imports in MENA

In 2022, approx. X tons of semi-chemical wood pulp were imported in MENA; surging by 14% compared with the year before. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2018 with an increase of 41%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, semi-chemical wood pulp imports surged to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value 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 +30.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 30% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Egypt dominates imports structure, recording X tons, which was near 95% of total imports in 2022. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to semi-chemical wood pulp imports into Egypt stood at +6.5%. At the same time, Saudi Arabia (+6.8%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in MENA, with a CAGR of +6.8% from 2012-2022. While the share of Egypt (+3 p.p.) and Saudi Arabia (+2.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported semi-chemical wood pulp in MENA, comprising 96% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 2.4% share of total imports.

In Egypt, semi-chemical wood pulp imports expanded at an average annual rate of +6.2% over the period from 2012-2022.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, increasing by 13% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 28%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.3%).

Source: IndexBox Platform