Southern Asia: Unbleached Sulphite Pulp Market 2024

Unbleached Sulphite Pulp Market Size in Southern Asia

After four years of growth, the South Asian unbleached sulphite pulp market decreased by -1.5% to $X in 2022. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.3% against 2016 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Unbleached Sulphite Pulp Production in Southern Asia

In value terms, unbleached sulphite pulp production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 21% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Unbleached Sulphite Pulp Exports

Exports in Southern Asia

In 2019, approx. X tons of unbleached sulphite pulp were exported in Southern Asia; rising by 9,644% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, unbleached sulphite pulp exports skyrocketed to $X in 2019. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) represented roughly 100% of total exports in 2019.

India was also the fastest-growing in terms of the unbleached sulphite pulp exports, with a CAGR of +29.6% from 2013 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In India, unbleached sulphite pulp exports expanded at an average annual rate of +21.3% over the period from 2013-2019.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2019, reducing by -88.6% against the previous year. Overall, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 when the export price increased by 970%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2019, the export prices remained at a somewhat lower figure.

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

From 2013 to 2019, the rate of growth in terms of prices for India amounted to -6.4% per year.

Unbleached Sulphite Pulp Imports

Imports in Southern Asia

In 2022, overseas purchases of unbleached sulphite pulp increased by 1% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of 39%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, unbleached sulphite pulp imports reduced to $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +1.8% against 2016 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 61%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Pakistan (X tons) represented the key importer of unbleached sulphite pulp, creating 86% of total imports. It was distantly followed by India (X tons), creating a 14% share of total imports.

Pakistan was also the fastest-growing in terms of the unbleached sulphite pulp imports, with a CAGR of +11.1% from 2012 to 2022. India (-15.9%) illustrated a downward trend over the same period. Pakistan (+64 p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by -44.8% from 2012 to 2022, respectively.

In value terms, Pakistan ($X) constitutes the largest market for imported unbleached sulphite pulp in Southern Asia, comprising 90% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Pakistan totaled +17.5%.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, declining by -3.2% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unbleached sulphite pulp import price increased by +97.1% against 2014 indices. The pace of growth appeared the most rapid in 2017 an increase of 26%. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :