Southern Asia: Sulphite Wood Pulp Market 2025

Sulphite Wood Pulp Market Size in Southern Asia

In 2021, the South Asian sulphite wood pulp market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Sulphite Wood Pulp Production in Southern Asia

In value terms, sulphite wood pulp production expanded slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Sulphite Wood Pulp Exports

Exports in Southern Asia

In 2021, overseas shipments of chemical wood pulp (sulphite, other than dissolving grades) increased by 92% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports, however, showed a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 1,365% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, sulphite wood pulp exports surged to $X in 2021. In general, exports, however, recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 1,127% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, India (X tons) represented the main exporter of chemical wood pulp (sulphite, other than dissolving grades) in Southern Asia, comprising 100% of total export.

India was also the fastest-growing in terms of the chemical wood pulp (sulphite, other than dissolving grades) exports, with a CAGR of -9.1% from 2012 to 2021. India (+72 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest sulphite wood pulp supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled -16.7%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, shrinking by -7.4% against the previous year. Overall, the export price continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2017 when the export price increased by 122%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -8.3% per year.

Sulphite Wood Pulp Imports

Imports in Southern Asia

In 2021, approx. X tons of chemical wood pulp (sulphite, other than dissolving grades) were imported in Southern Asia; waning by -30.1% on the previous year's figure. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 446% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, sulphite wood pulp imports shrank to $X in 2021. Overall, imports, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 393%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Pakistan represented the largest importing country with an import of about X tons, which amounted to 75% of total imports. It was distantly followed by India (X tons), committing a 23% share of total imports. Sri Lanka (X tons) followed a long way behind the leaders.

Pakistan was also the fastest-growing in terms of the chemical wood pulp (sulphite, other than dissolving grades) imports, with a CAGR of +3.2% from 2012 to 2021. India experienced a relatively flat trend pattern. Sri Lanka (-4.4%) illustrated a downward trend over the same period. While the share of Pakistan (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X), India ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2021, together accounting for 98% of total imports.

India, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, picking up by 34% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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