Tanzania: Wood Pulp Market 2024

Wood Pulp Market Size in Tanzania

In 2022, the Tanzanian wood pulp market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption showed a slight expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Wood Pulp Production in Tanzania

In value terms, wood pulp production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Wood Pulp Exports

Exports from Tanzania

In 2022, overseas shipments of wood pulp decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, wood pulp exports declined dramatically to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mozambique (X tons) was the main destination for wood pulp exports from Tanzania, accounting for a X% share of total exports. Moreover, wood pulp exports to Mozambique exceeded the volume sent to the second major destination, Burundi (X kg), twofold. The third position in this ranking was held by Comoros (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mozambique stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (X% per year) and Comoros (X% per year).

In value terms, the largest markets for wood pulp exported from Tanzania were Mozambique ($X), Burundi ($X) and Democratic Republic of the Congo ($X), together comprising X% of total exports.

Among the main countries of destination, Mozambique, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average wood pulp export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Comoros ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (X.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Pulp Imports

Imports into Tanzania

After two years of decline, supplies from abroad of wood pulp increased by X% to X tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wood pulp imports skyrocketed to $X in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest wood pulp supplier to Tanzania, with a X% share of total imports. Moreover, wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Hong Kong SAR (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Hong Kong SAR (X% per year).

In value terms, China ($X), the United States ($X) and Hong Kong SAR ($X) appeared to be the largest wood pulp suppliers to Tanzania, together comprising X% of total imports.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wood pulp import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform