Russian Federation: 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 the Russian Federation

The Russian market for chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021, jumping by 22% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in the Russian Federation

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. Production of peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

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

Exports from the Russian Federation

In 2021, approx. X tons of chemical wood pulp (soda and sulphate, other than dissolving grades) were exported from Russia; waning by -11.4% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) soared to $X in 2021. The total export value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Russia, accounting for a 63% share of total exports. Moreover, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) to China exceeded the volume sent to the second major destination, South Korea (X tons), ninefold. Japan (X tons) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1.9% per year) and Japan (-5.5% per year).

In value terms, China ($X) remains the key foreign market for chemical wood pulp (soda and sulphate, other than dissolving grades) exports from Russia, comprising 65% of total exports. The second position in the ranking was taken by South Korea ($X), with a 6.8% share of total exports. It was followed by Japan, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+2.6% per year) and Japan (-5.0% per year).

Export Prices by Country

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2021, rising by 48% against the previous year. Overall, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Vietnam ($X per ton) and Japan ($X per ton), while the average price for exports to Ukraine ($X per ton) and Poland ($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 (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the Russian Federation

In 2021, overseas purchases of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 20% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by 44%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) surged to $X in 2021. Over the period under review, imports showed a buoyant increase. As a result, imports attained 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 imports of chemical wood pulp (soda and sulphate, other than dissolving grades) 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 +1,301.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soda and sulphate chemical wood pulp suppliers to Russia were the United States ($X), Finland ($X) and Belarus ($X), with a combined 72% share of total imports.

Among the main suppliers, Belarus, with a CAGR of +1,372.7%, saw the highest growth rate of 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 import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, increasing by 22% against the previous year. Overall, the import price, however, showed a slight reduction. Over the period under review, average import prices hit record highs 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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