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Canada - Wood Pulp - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada Sees a 19% Decline in Wood Pulp Exports, Dropping to $5.3B in 2023
Canada Wood Pulp Exports
In 2023, exports of wood pulp from Canada reduced to 7.9M tons, with a decrease of -9.4% compared with the year before. In general, exports saw a perceptible descent. The growth pace was the most rapid in 2015 when exports increased by 2.5% against the previous year. Over the period under review, the exports attained the peak figure at 9.9M tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.
In value terms, wood pulp exports plummeted to $5.3B (IndexBox estimates) in 2023. Overall, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the peak figure at $7.2B in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
COUNTRY | Export Value of Wood Pulp in Canada (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
China | 2,503 | 2,436 | 2,473 | 2,246 | 2,660 | 3,135 | 2,612 | 2,182 | 2,459 | 2,332 | 2,305 |
United States | 2,289 | 2,348 | 2,049 | 1,792 | 1,769 | 2,092 | 1,874 | 1,644 | 2,022 | 2,515 | 1,853 |
India | 126 | 171 | 131 | 148 | 172 | 243 | 193 | 145 | 251 | 315 | 246 |
South Korea | 265 | 231 | 209 | 191 | 282 | 322 | 238 | 164 | 243 | 284 | 227 |
Indonesia | 294 | 402 | 244 | 293 | 366 | 466 | 245 | 173 | 241 | 354 | 207 |
Japan | 322 | 342 | 284 | 230 | 282 | 354 | 266 | 209 | 238 | 288 | 170 |
Thailand | 106 | 97.5 | 100 | 106 | 122 | 133 | 90.0 | 68.4 | 122 | 129 | 87.5 |
Others | 643 | 492 | 519 | 431 | 373 | 482 | 286 | 203 | 240 | 297 | 212 |
Total | 6,550 | 6,519 | 6,010 | 5,436 | 6,026 | 7,227 | 5,805 | 4,787 | 5,817 | 6,514 | 5,307 |
Exports by Country
China (3.5M tons), the United States (2.7M tons) and South Korea (369K tons) were the main destinations of wood pulp exports from Canada, with a combined 84% share of total exports. India, Indonesia, Japan and Thailand lagged somewhat behind, together accounting for a further 13%.
From 2013 to 2023, the biggest increases were recorded for India (with a CAGR of +7.2%), while shipments for the other leaders experienced a decline.
In value terms, the largest markets for wood pulp exported from Canada were China ($2.3B), the United States ($1.9B) and India ($246M), together comprising 83% of total exports.
Among the main countries of destination, India, with a CAGR of +6.9%, saw 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.
Exports by Type
Chemical wood pulp (5.6M tons) was the largest type of wood pulp exported from Canada, with a 72% share of total exports. Moreover, chemical wood pulp exceeded the volume of the second product type, semi-chemical wood pulp (1.8M tons), threefold. Dissolving grade wood pulp (419K tons) ranked third in terms of total exports with a 5.3% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of chemical wood pulp exports stood at -2.1%. With regard to the other exported products, the following average annual rates of growth were recorded: semi-chemical wood pulp (-1.5% per year) and dissolving grade wood pulp (-5.2% per year).
In value terms, chemical wood pulp ($4B) remains the largest type of wood pulp exported from Canada, comprising 75% of total exports. The second position in the ranking was taken by semi-chemical wood pulp ($957M), with an 18% share of total exports. It was followed by dissolving grade wood pulp, with a 6.9% share.
From 2013 to 2023, the average annual growth rate of the value of chemical wood pulp exports stood at -1.7%. With regard to the other exported products, the following average annual rates of growth were recorded: semi-chemical wood pulp (-1.5% per year) and dissolving grade wood pulp (-6.3% per year).
Export Prices by Country
In 2023, the wood pulp price stood at $676 per ton (FOB, Canada), reducing by -10.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $752 per ton in 2022, and then fell in the following year.
Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Japan ($746 per ton) and Indonesia ($720 per ton), while the average price for exports to South Korea ($616 per ton) and China ($653 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the wood pulp market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1654 - Mechanical wood pulp
- FCL 1655 - Semi-chemical wood pulp
- FCL 1663 - Chemical wood pulp, sulphate, bleached
- FCL 1661 - Chemical wood pulp, sulphite, bleached
- FCL 1667 - Dissolving wood pulp
- FCL 1662 - Chemical wood pulp, sulphate, unbleached
- FCL 1660 - Chemical wood pulp, sulphite, unbleached
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023