Mexico: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Mexico

The Mexican sulphite wood pulp market shrank to $X in 2021, dropping by -8.5% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Sulphite Wood Pulp Production in Mexico

In value terms, sulphite wood pulp production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 45% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank in the following year.

Sulphite Wood Pulp Exports

Exports from Mexico

In 2021, shipments abroad of chemical wood pulp (sulphite, other than dissolving grades) decreased by -2.9% to X kg, falling for the fourth year in a row after four years of growth. Over the period under review, exports faced a significant contraction. The pace of growth was the most pronounced in 2017 with an increase of 224%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, sulphite wood pulp exports soared to $X in 2021. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 204%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for sulphite wood pulp exports from Mexico, with a 89% share of total exports. Moreover, sulphite wood pulp exports to the United States exceeded the volume sent to the second major destination, New Zealand (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (0.0% per year) and Guatemala (-30.8% per year).

In value terms, the United States ($X) remains the key foreign market for chemical wood pulp (sulphite, other than dissolving grades) exports from Mexico, comprising 84% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 9.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (-22.7% per year) and New Zealand (0.0% per year).

Export Prices by Country

The average sulphite wood pulp export price stood at $X per ton in 2021, rising by 24% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +11.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphite wood pulp export price increased by +65.1% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 90%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Guatemala ($X per ton), while the average price for exports to the United States ($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 Uruguay (+54.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphite Wood Pulp Imports

Imports into Mexico

In 2021, approx. X tons of chemical wood pulp (sulphite, other than dissolving grades) were imported into Mexico; with an increase of 65% compared with the previous year's figure. Overall, imports recorded a tangible expansion. The pace of growth appeared the most rapid in 2015 with an increase of 246%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, sulphite wood pulp imports soared to $X in 2021. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 226%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Canada (X tons), Germany (X tons) and China (X tons) were the main suppliers of sulphite wood pulp imports to Mexico, with a combined 72% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +28.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of chemical wood pulp (sulphite, other than dissolving grades) to Mexico, comprising 33% of total imports. The second position in the ranking was taken by Canada ($X), with a 17% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+27.7% per year) and China (+9.7% per year).

Import Prices by Country

The average sulphite wood pulp import price stood at $X per ton in 2021, picking up by 65% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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