Australia and Oceania: Unbleached Sulphite Pulp Market 2024

Unbleached Sulphite Pulp Market Size in Australia and Oceania

In 2022, the unbleached sulphite pulp market in Australia and Oceania increased by 4.4% to $X, rising for the second consecutive year after three years of decline. The total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +16.1% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Unbleached Sulphite Pulp Production in Australia and Oceania

In value terms, unbleached sulphite pulp production totaled $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 30%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Unbleached Sulphite Pulp Exports

Exports in Australia and Oceania

In 2022, shipments abroad of unbleached sulphite pulp decreased by -9.6% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by 313%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, unbleached sulphite pulp exports reduced to $X in 2022. In general, exports continue to indicate a slight decrease. The growth pace was the most rapid in 2018 when exports increased by 376%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) represented roughly 100% of total exports in 2022.

New Zealand was also the fastest-growing in terms of the unbleached sulphite pulp exports, with a CAGR of -5.5% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) also remains the largest unbleached sulphite pulp supplier in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in New Zealand totaled -1.4%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, rising by 3% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 export price increased by +44.1% against 2020 indices. The growth pace was the most rapid in 2017 when the export price increased by 42%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +4.3% per year.

Unbleached Sulphite Pulp Imports

Imports in Australia and Oceania

After two years of decline, overseas purchases of unbleached sulphite pulp increased by 198% to X tons in 2022. In general, imports, however, faced a abrupt curtailment. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, unbleached sulphite pulp imports surged to $X in 2022. Over the period under review, imports, however, saw a mild slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Australia dominates imports structure, resulting at X tons, which was approx. 94% of total imports in 2022. It was distantly followed by Fiji (X tons), mixing up a 6.3% share of total imports.

Imports into Australia decreased at an average annual rate of -12.7% from 2012 to 2022. At the same time, Fiji (+1.6%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +1.6% from 2012-2022. While the share of Fiji (+4.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-5 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported unbleached sulphite pulp in Australia and Oceania, comprising 98% of total imports. The second position in the ranking was taken by Fiji ($X), with a 1.8% share of total imports.

In Australia, unbleached sulphite pulp imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, surging by 24% against the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2021 when the import price increased by 113% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Fiji amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.5%).

Source: IndexBox Platform

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