Russian Federation: Bleached Sulphate Pulp Market 2024

Bleached Sulphate Pulp Market Size in the Russian Federation

The Russian bleached sulphate pulp market surged to $X in 2021, increasing by 815% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bleached Sulphate Pulp Production in the Russian Federation

In value terms, bleached sulphate pulp production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Bleached Sulphate Pulp Exports

Exports from the Russian Federation

In 2021, the amount of bleached sulphate pulp exported from Russia declined rapidly to X tons, falling by -20% against 2020 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of X tons, and then reduced rapidly in the following year.

In value terms, bleached sulphate pulp exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 28% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for bleached sulphate pulp exports from Russia, accounting for a 74% share of total exports. Moreover, bleached sulphate pulp exports to China exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+8.8% per year) and Japan (+5.1% per year).

In value terms, China ($X) remains the key foreign market for bleached sulphate pulp exports from Russia, comprising 76% of total exports. The second position in the ranking was taken by South Korea ($X), with a 5.9% share of total exports. It was followed by Japan, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+9.6% per year) and Japan (+6.2% per year).

Export Prices by Country

The average bleached sulphate pulp export price stood at $X per ton in 2021, picking up by 50% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to China ($X per ton) and Japan ($X per ton), while the average price for exports to Poland ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bleached Sulphate Pulp Imports

Imports into the Russian Federation

In 2021, purchases abroad of bleached sulphate pulp increased by 16% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 44%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, bleached sulphate pulp imports soared to $X in 2021. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Finland (X tons) and Belarus (X tons) were the main suppliers of bleached sulphate pulp imports to Russia, together comprising 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +1,301.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bleached sulphate pulp suppliers to Russia were the United States ($X), Finland ($X) and Belarus ($X), together comprising 71% of total imports.

Among the main suppliers, Belarus, with a CAGR of +1,372.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bleached sulphate pulp import price amounted to $X per ton, growing by 23% against the previous year. Overall, the import price, however, saw a mild downturn. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Sweden ($X per ton) and the United States ($X per ton), while the price for Chile ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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