Northern America: Mechanical Wood Pulp Market 2024

Mechanical Wood Pulp Market Size in Northern America

The North American mechanical wood pulp market reduced to $X in 2022, leveling off at the previous year. Overall, consumption continues to indicate a abrupt decline. The growth pace was the most rapid in 2018 when the market value increased by 5.8% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mechanical Wood Pulp Production in Northern America

In value terms, mechanical wood pulp production fell modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt downturn. The growth pace was the most rapid in 2018 when the production volume increased by 9.4%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mechanical Wood Pulp Exports

Exports in Northern America

In 2022, mechanical wood pulp exports in Northern America soared to X tons, picking up by 27% against 2021 figures. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 56%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, mechanical wood pulp exports surged to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 122%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States was the main exporting country with an export of about X tons, which amounted to 77% of total exports. It was distantly followed by Canada (X tons), comprising a 23% share of total exports.

The United States was also the fastest-growing in terms of the mechanical wood pulp exports, with a CAGR of +17.2% from 2012 to 2022. At the same time, Canada (+4.0%) displayed positive paces of growth. While the share of the United States (+27 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-26.8 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest mechanical wood pulp supplier in Northern America, comprising 81% of total exports. The second position in the ranking was held by Canada ($X), with a 19% share of total exports.

In the United States, mechanical wood pulp exports increased at an average annual rate of +21.8% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 when the export price increased by 42% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.8%).

Mechanical Wood Pulp Imports

Imports in Northern America

In 2022, the amount of mechanical wood pulp imported in Northern America surged to X tons, increasing by 50% on the previous year. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 94% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, mechanical wood pulp imports skyrocketed to $X in 2022. Overall, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) represented the major importer of mechanical wood pulp, mixing up 70% of total imports. It was distantly followed by Canada (X tons), constituting a 30% share of total imports.

Imports into the United States increased at an average annual rate of +4.8% from 2012 to 2022. At the same time, Canada (+26.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +26.0% from 2012-2022. From 2012 to 2022, the share of Canada increased by +24 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported mechanical wood pulp in Northern America, comprising 71% of total imports. The second position in the ranking was held by Canada ($X), with a 29% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +3.0%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, surging by 41% against the previous year. In general, the import price, however, recorded a mild decline. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood 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 the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.6%).

Source: IndexBox Platform

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