New Zealand: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2025

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in New Zealand

In 2022, the New Zealand market for wood pulp, excluding mechanical wood pulp increased by 19% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a abrupt downturn. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in New Zealand

In value terms, production of wood pulp, excluding mechanical wood pulp dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from New Zealand

After two years of decline, overseas shipments of wood pulp, excluding mechanical wood pulp increased by 46% to X tons in 2022. The total export volume increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wood pulp, excluding mechanical wood pulp skyrocketed to $X in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for exports of wood pulp, excluding mechanical wood pulp from New Zealand, accounting for a 38% share of total exports. Moreover, exports of wood pulp, excluding mechanical wood pulp to China exceeded the volume sent to the second major destination, South Korea (X tons), threefold. Indonesia (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1.9% per year) and Indonesia (-0.9% per year).

In value terms, China ($X) remains the key foreign market for wood pulp, excluding mechanical wood pulp exports from New Zealand, comprising 35% of total exports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total exports. It was followed by Australia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+5.7% per year) and Australia (+5.0% per year).

Export Prices by Country

In 2022, the average export price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, with an increase of 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2018 an increase of 36%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to India ($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 Taiwan (Chinese) (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into New Zealand

In 2022, the amount of wood pulp, excluding mechanical wood pulp imported into New Zealand expanded modestly to X tons, increasing by 3.5% compared with the previous year's figure. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2014 with an increase of 299% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. Over the period under review, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 277%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Chile (X tons), Brazil (X tons) and Canada (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to New Zealand, with a combined 97% share of total imports. These countries were followed by South Korea, which accounted for a further 1.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +372.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood pulp, excluding mechanical wood pulp suppliers to New Zealand were Chile ($X), Brazil ($X) and Canada ($X), together comprising 97% of total imports. South Korea lagged somewhat behind, accounting for a further 1.2%.

South Korea, with a CAGR of +328.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, jumping by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached 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 Brazil ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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