Russian Federation: Market for Wood Pulp, Excluding Mechanical Wood Pulp 2024

Market Size for Wood Pulp, Excluding Mechanical Wood Pulp in the Russian Federation

The Russian market for wood pulp, excluding mechanical wood pulp contracted modestly to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, showed a perceptible reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Wood Pulp, Excluding Mechanical Wood Pulp in the Russian Federation

In value terms, production of wood pulp, excluding mechanical wood pulp declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Wood Pulp, Excluding Mechanical Wood Pulp

Exports from the Russian Federation

In 2022, the amount of wood pulp, excluding mechanical wood pulp exported from Russia rose markedly to X tons, picking up by 6.4% against 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 9.4% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of wood pulp, excluding mechanical wood pulp reduced to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

China (X tons) was the main destination for exports of wood pulp, excluding mechanical wood pulp from Russia, accounting for a 70% share of total exports. Moreover, exports of wood pulp, excluding mechanical wood pulp to China exceeded the volume sent to the second major destination, South Korea (X tons), tenfold. Poland (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1.5% per year) and Poland (-4.7% per year).

In value terms, China ($X) remains the key foreign market for wood pulp, excluding mechanical wood pulp exports from Russia, comprising 72% of total exports. The second position in the ranking was taken by South Korea ($X), with a 6.8% share of total exports. It was followed by Ukraine, with a 3% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+0.0% per year) and Ukraine (-0.4% per year).

Export Prices by Country

In 2022, the average export price for wood pulp, excluding mechanical wood pulp amounted to $X per ton, falling by -17% against the previous year. Over the period under review, the export price recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($X per ton) and China ($X per ton), while the average price for exports to Poland ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Wood Pulp, Excluding Mechanical Wood Pulp

Imports into the Russian Federation

After five years of growth, supplies from abroad of wood pulp, excluding mechanical wood pulp decreased by -8.8% to X tons in 2022. In general, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2019 with an increase of 44%. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, imports of wood pulp, excluding mechanical wood pulp dropped notably to $X in 2022. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

The United States (X tons), Belarus (X tons) and Sweden (X tons) were the main suppliers of imports of wood pulp, excluding mechanical wood pulp to Russia, with a combined 67% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +141.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of wood pulp, excluding mechanical wood pulp to Russia, comprising 39% of total imports. The second position in the ranking was taken by Belarus ($X), with an 18% share of total imports. It was followed by Sweden, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+115.6% per year) and Sweden (+11.8% per year).

Import Prices by Country

The average import price for wood pulp, excluding mechanical wood pulp stood at $X per ton in 2022, reducing by -7.9% against the previous year. In general, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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