Thailand: Bleached Sulphate Pulp Market 2022

Bleached Sulphate Pulp Market Size in Thailand

The Thai bleached sulphate pulp market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a noticeable decrease. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Bleached Sulphate Pulp Production in Thailand

In value terms, bleached sulphate pulp production soared to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Bleached Sulphate Pulp Exports

Exports from Thailand

In 2021, approx. X tons of bleached sulphate pulp were exported from Thailand; waning by -X% on 2020 figures. Overall, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced notably in the following year.

In value terms, bleached sulphate pulp exports dropped dramatically to $X in 2021. In general, exports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for bleached sulphate pulp exports from Thailand, with a X% share of total exports. Moreover, bleached sulphate pulp exports to China exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and France (-X% per year).

In value terms, China ($X) remains the key foreign market for bleached sulphate pulp exports from Thailand, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+X% per year) and France (-X% per year).

Export Prices by Country

In 2021, the average bleached sulphate pulp export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Bleached Sulphate Pulp Imports

Imports into Thailand

After three years of decline, purchases abroad of bleached sulphate pulp increased by X% to X tons in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, bleached sulphate pulp imports skyrocketed to $X in 2021. In general, imports saw a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and Indonesia (X tons) were the main suppliers of bleached sulphate pulp imports to Thailand, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bleached sulphate pulp suppliers to Thailand were the United States ($X), Brazil ($X) and Sweden ($X), with a combined X% share of total imports. These countries were followed by Finland, Canada, Indonesia and South Africa, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bleached sulphate pulp import price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, the import price recorded a mild increase. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and Sweden ($X per ton), while the price for Indonesia ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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