Companies named in the report: International Paper Company, Domtar Corporation, Sappi Limited, Resolute Forest Products, Canfor Corporation, West Fraser Timber Co. Ltd., Ilim Group, Arkhangelsk Pulp and Paper Mill, Karjala Pulp LLC, Segezha, Essity, Stora Enso, Billerud Korsnäs, Svenska Cellulosa Aktiebolaget SCA, UPM, Metsä Group, Norske Skog, Rygene, Kalpataru Papers LLP, Rama Pulp, Kabel Premium Pulp and Paper, Suzano Papel E Celulose SA, Eldorado Brasil Celulose SA
NEW YORK, Apr. 29, 2022 (GLOBE NEWSWIRE) — IndexBox just released a new report: ‘US – Chemical Wood Pulp – Market Analysis, Forecast, Size, Trends & Insights’† Here’s a summary of the report’s key findings.
Statistics of the US Chemical Wood Pulp Market
$3,574.9 million USD
$5,023.3 million USD
Top foreign suppliers
Canada, Brazil, Sweden
Top Export Destinations
China, Mexico, Japan
In 2021, after two years of decline, the US chemical wood pulp market saw significant growth, as its value increased 6.1% to $27 billion. Overall, consumption continues to point to a relatively flat trend pattern over the past decade. Chemical wood pulp consumption peaked at $42.2 billion in 2018; however, from 2019 to 2021, consumption failed to regain momentum. REQUEST FREE DATA
American Chemical Wood Pulp production
In 2021, chemical wood pulp production was estimated to be around 45 million tons. Over the past decade, production has exhibited a relatively flat trend pattern. The most notable growth was recorded in 2018, when production volume increased by 8.9%. As a result, production reached peak volume of 46 million tons. from 2019 to 2021, production growth remained at a somewhat lower figure. REQUEST FREE DATA
In terms of value, chemical wood pulp production grew rapidly to reach $26.4 billion in 2021. From 2011-2021, production showed a relatively flat trend pattern. The growth rate was fastest in 2016. Chemical wood pulp production peaked at $50.5 billion in 2018; from 2019 to 2021, however, production was slightly lower. REQUEST FREE DATA
American Chemical Wood Pulp export
In 2021, after two years of growth, there was a significant drop in shipments of chemical wood pulp abroad, as their volume fell by -5.2% to 6.6 million tons. During the reporting period, exports peaked at 7.7 million tons in 2011; from 2012 to 2021, however, exports remained at a lower figure.
In terms of value, chemical wood pulp exports rose to $5 billion in 2021. Overall, exports showed a relatively flat trend pattern. Exports reached record highs of $5 billion in 2011; then it levels off until 2021.
Export by country
China (1.8 million tons) was the main destination for exports of chemical wood pulp from the United States, accounting for 25% of total inventories. In addition, exports of chemical wood pulp to China exceeded the volume shipped to the second major destination, Mexico (715,000 tons). The third position in this ranking was taken by Canada (472K tons), with a share of 6.8%.
In terms of value, China ($1 billion) remains the most important foreign market for United States chemical wood pulp exports, accounting for 24% of total inventories. The second place in the ranking was taken by Mexico ($388 million), with a 9.2% share of total exports. It was followed by Japan, with an 8% share.
From 2011 to 2020, the average annual growth rate in terms of value for China was -1.4%. Exports to the other major destinations showed the following average annual growth rates: Mexico (-3.4% per year) and Japan (-1.1% per year).
Export prices per country
In 2020, the average export price of chemical wood pulp was $601 per tonne, a decrease of -11.5% from the previous year. There were large differences in the average prices for the main export markets. In 2020, Spain was the country with the highest price ($829 per tonne), while the average price for exports to Canada ($478 per tonne) was among the lowest. From 2011 to 2020, the most notable growth rate in terms of prices was recorded for deliveries to Germany, while prices for the other major destinations showed more modest growth.
American Chemical Wood Pulp Input
In 2021, purchases of chemical wood pulp abroad rose by 5.6% to 5.7 million tonnes, up for the third year in a row after three years of decline. The total import volume increased by an average of +1.4% year-on-year between 2011 and 2021.
In terms of value, chemical wood pulp imports rose to $3.6 billion in 2021. Overall, imports showed a relatively flat trend pattern.
Imports by country
Canada (3.1 million tons), Brazil (2.3 million tons) and Sweden (236,000 tons) were the main suppliers of chemical wood pulp imports to the United States.
From 2011 to 2020, Sweden achieved the most notable growth rate in terms of purchases from the main suppliers, while imports grew more modestly for the other leaders.
In terms of value, Canada ($1.5 billion), Brazil ($871 million) and Sweden ($148 million) were the largest suppliers of chemical wood pulp to the United States, with a combined share of 97% of total imports.
Import prices per country
In 2020, the average import price of chemical wood pulp was $485 per tonne, a decrease of -24.4% from the previous year. There were significant differences in average prices between the main supplying countries. In 2020, the country with the highest price was Sweden ($630 per tonne), while Brazil ($383 per tonne) was among the lowest. From 2011 to 2020, the most notable price growth was achieved by Sweden, while prices for the other major suppliers fell.
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