Northern America: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in Northern America

In 2022, the North American market for wood pulp, excluding mechanical wood pulp increased by 1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in Northern America

In value terms, production of wood pulp, excluding mechanical wood pulp declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild decline. The growth pace was the most rapid in 2016 when the production volume increased by 4.4% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports in Northern America

After two years of decline, shipments abroad of wood pulp, excluding mechanical wood pulp increased by 1.9% to X tons in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 21%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wood pulp, excluding mechanical wood pulp surged to $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Canada (X tons), followed by the United States (X tons) were the key exporters of wood pulp, excluding mechanical wood pulp, together constituting 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of -0.2%).

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

In terms of the main exporting countries, the United States, with a CAGR of +2.4%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, rising by 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the export price increased by 26% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.6%).

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports in Northern America

In 2022, purchases abroad of wood pulp, excluding mechanical wood pulp increased by 13% to X tons, rising for the fifth consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wood pulp, excluding mechanical wood pulp skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 34%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

The United States prevails in pulp structure, accounting for X tons, which was near 95% of total imports in 2022. It was distantly followed by Canada (X tons), achieving a 5.4% share of total imports.

Imports into the United States increased at an average annual rate of +3.3% from 2012 to 2022. At the same time, Canada (+4.1%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.1% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported wood pulp, excluding mechanical wood pulp in Northern America, comprising 93% of total imports. The second position in the ranking was held by Canada ($X), with a 6.6% share of total imports.

In the United States, imports of wood pulp, excluding mechanical wood pulp increased at an average annual rate of +3.8% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, growing by 9.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 25%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.0%).

Source: IndexBox Platform

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