MENA: Unbleached Sulphite Pulp Market 2024

Unbleached Sulphite Pulp Market Size in MENA

The MENA's unbleached sulphite pulp market soared to $X in 2022, with an increase of 35% against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Unbleached Sulphite Pulp Production in MENA

In value terms, unbleached sulphite pulp production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by 10%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Unbleached Sulphite Pulp Exports

Exports in MENA

In 2021, approx. X tons of unbleached sulphite pulp were exported in MENA; increasing by 1,464% on the previous year's figure. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 2,353,200% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, unbleached sulphite pulp exports soared to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 61,613%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

The shipments of the one major exporters of unbleached sulphite pulp, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates was also the fastest-growing in terms of the unbleached sulphite pulp exports, with a CAGR of +34.4% from 2012 to 2021. From 2012 to 2021, the share of the United Arab Emirates increased by +16 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest unbleached sulphite pulp supplier in MENA.

In the United Arab Emirates, unbleached sulphite pulp exports expanded at an average annual rate of +38.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, picking up by 60% against the previous year. In general, the export price showed a notable increase. The pace of growth was the most pronounced in 2014 an increase of 1,302%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.1% per year.

Unbleached Sulphite Pulp Imports

Imports in MENA

In 2022, approx. X tons of unbleached sulphite pulp were imported in MENA; increasing by 11% on 2021. In general, imports, however, saw a abrupt shrinkage. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, unbleached sulphite pulp imports skyrocketed to $X in 2022. Over the period under review, imports saw a mild increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Israel prevails in imports structure, amounting to X tons, which was near 82% of total imports in 2022. The United Arab Emirates (X tons) held a 6.9% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (5.8%). Turkey (X tons) and Egypt (X tons) held a little share of total imports.

Imports into Israel increased at an average annual rate of +8.1% from 2012 to 2022. At the same time, the United Arab Emirates (+24.6%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in MENA, with a CAGR of +24.6% from 2012-2022. By contrast, Turkey (-5.4%), Algeria (-8.4%) and Egypt (-26.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel and the United Arab Emirates increased by +61 and +6.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported unbleached sulphite pulp in MENA, comprising 91% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.7% share of total imports. It was followed by Algeria, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value in Israel totaled +19.5%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+15.1% per year) and Algeria (-9.0% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, picking up by 7.4% against the previous year. Overall, the import price showed a buoyant expansion. The growth pace was the most rapid in 2017 when the import price increased by 15% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform