Price for Pulps of Other Fibrous Cellulosic Material in India - 2024

Contents:

  1. Price for Pulps of Other Fibrous Cellulosic Material in India (CIF) - 2024
  2. Price for Pulps of Other Fibrous Cellulosic Material in India (FOB) - 2024
  3. Imports of Pulps of Other Fibrous Cellulosic Material in India
  4. Exports of Pulps of Other Fibrous Cellulosic Material in India

Price for Pulps of Other Fibrous Cellulosic Material in India (CIF) - 2024

In November 2023, the average import price for pulps of other fibrous cellulosic materials amounted to $817 per ton, waning by -38.7% against the previous month. Overall, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 82% m-o-m. As a result, import price attained the peak level of $2,139 per ton. From September 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,000 per ton), while the price for Thailand ($718 per ton) was amongst the lowest.

From March 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pulps of Other Fibrous Cellulosic Material in India (FOB) - 2024

The average export price for pulps of other fibrous cellulosic materials stood at $326 per ton in November 2023, falling by -3.7% against the previous month. In general, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in June 2023 an increase of 13% m-o-m. As a result, the export price attained the peak level of $462 per ton. From July 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Nepal ($1,206 per ton), while the average price for exports to China ($257 per ton) was amongst the lowest.

From March 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+12.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pulps of Other Fibrous Cellulosic Material in India

In 2022, the amount of pulps of other fibrous cellulosic materials imported into India dropped to 19K tons, waning by -10.8% against the previous year's figure. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 136%. As a result, imports attained the peak of 21K tons, and then fell in the following year.

In value terms, imports of pulps of other fibrous cellulosic materials dropped to $21M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 97% against the previous year. As a result, imports attained the peak of $21M, leveling off in the following year.

Import of Pulps of Other Fibrous Cellulosic Material in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.91.55.84.836.2%
UzbekistanN/A0.20.31.4164.6%
South KoreaN/A0.21.21.2144.9%
United States0.60.50.91.122.4%
China3.21.50.70.5-46.1%
Poland0.30.10.20.410.1%
Russia0.90.80.90.3-30.7%
Thailand0.50.1N/A0.1-41.5%
Others8.95.710.810.97.0%
Total16.210.620.820.78.5%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to India in 2022:

  1. Germany (6.2K tons)
  2. United States (0.8K tons)
  3. Uzbekistan (0.7K tons)
  4. South Korea (0.7K tons)
  5. Poland (0.2K tons)
  6. Russia (0.2K tons)
  7. China (0.2K tons)
  8. Thailand (0.1K tons)

Exports of Pulps of Other Fibrous Cellulosic Material in India

In 2022, shipments abroad of pulps of other fibrous cellulosic materials decreased by -54.2% to 7.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 58K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pulps of other fibrous cellulosic materials shrank dramatically to $4M in 2022. In general, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 when exports increased by 42%. As a result, the exports reached the peak of $18M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Pulps of Other Fibrous Cellulosic Material in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A7120%
Saudi Arabia15511.732949547.3%
China5,3238,3822,069189-67.1%
Sri Lanka24829669.9115-22.6%
PolandN/AN/AN/A80.30%
Ukraine31528642954.3-44.3%
Bangladesh25462.878.344.5-44.0%
Others6,6349,3313,1812,282-29.9%
Total12,92918,3706,1573,973-32.5%

Top Export Markets for Pulps of Other Fibrous Cellulosic Material from India in 2022:

  1. Germany (1243.1 tons)
  2. Saudi Arabia (943.6 tons)
  3. China (581.6 tons)
  4. Sri Lanka (287.2 tons)
  5. Poland (184.6 tons)
  6. Ukraine (158.0 tons)
  7. Bangladesh (146.4 tons)

Source: IndexBox Market Intelligence Platform

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