Northern America: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Northern America

The North American market for chemical wood pulp (soda and sulphate, other than dissolving grades) was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Northern America

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) rose significantly to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 76%. As a result, production reached the peak level of $X. From 2017 to 2021, production of growth failed to regain momentum.

Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports in Northern America

In 2021, approx. X tons of chemical wood pulp (soda and sulphate, other than dissolving grades) were exported in Northern America; which is down by -5.6% against 2020 figures. Overall, exports saw a slight reduction. The most prominent rate of growth was recorded in 2015 with an increase of 18%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X tons), followed by Canada (X tons) were the key exporters of chemical wood pulp (soda and sulphate, other than dissolving grades), together making up 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of -0.4%).

In value terms, the largest soda and sulphate chemical wood pulp supplying countries in Northern America were the United States ($X) and Canada ($X).

The United States, with a CAGR of +1.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, surging by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.6%).

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports in Northern America

In 2021, purchases abroad of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 3.4% to X tons, rising for the third consecutive year after three years of decline. The total import volume increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 14%. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in grades) structure, accounting for X tons, which was approx. 92% of total imports in 2021. It was distantly followed by Canada (X tons), generating an 8.3% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to soda and sulphate chemical wood pulp imports into the United States stood at +2.3%. At the same time, Canada (+7.9%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +7.9% from 2012-2021. While the share of Canada (+3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported chemical wood pulp (soda and sulphate, other than dissolving grades) in Northern America, comprising 93% of total imports. The second position in the ranking was held by Canada ($X), with a 7.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +2.9%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with an increase of 32% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+0.6%).

Source: IndexBox Platform

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