GCC: Sulphite Wood Pulp Market 2024

Sulphite Wood Pulp Market Size in GCC

The GCC sulphite wood pulp market amounted to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Sulphite Wood Pulp Production in GCC

In value terms, sulphite wood pulp production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Sulphite Wood Pulp Exports

Exports in GCC

In 2022, after three years of decline, there was significant growth in overseas shipments of chemical wood pulp (sulphite, other than dissolving grades), when their volume increased by X% to X tons. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphite wood pulp exports soared to $X in 2022. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tons), together resulting at X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the chemical wood pulp (sulphite, other than dissolving grades) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest sulphite wood pulp supplier in GCC.

In the United Arab Emirates, sulphite wood pulp exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Sulphite Wood Pulp Imports

Imports in GCC

In 2022, overseas purchases of chemical wood pulp (sulphite, other than dissolving grades) decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, sulphite wood pulp imports fell sharply to $X in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the main importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by Oman (X tons) and Qatar (X tons), together mixing up a X% share of total imports. Kuwait (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sulphite wood pulp imports into the United Arab Emirates stood at X%. At the same time, Oman (X%), Kuwait (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. While the share of Oman (X p.p.), Qatar (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the largest sulphite wood pulp importing markets in GCC were Oman ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total imports.

Among the main importing countries, Oman, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price, however, showed measured growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then dropped sharply in the following year.

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 Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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