Chemical Wood Pulp Market Overview in China
In value terms, chemical wood pulp production totaled $ in 2019 estimated in export prices. Overall, production continues to indicate prominent growth. The growth pace was the most rapid in 2010 when the production volume increased by % year-to-year. Over the period under review, production reached the peak level in 2019 and is expected to retain growth in the near future.
The size of the chemical wood pulp market in China rose sharply to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a buoyant expansion. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Over the period under review, the market reached the maximum level in 2019 and is likely to see gradual growth in years to come.
From 2007 to 2019, the average annual rate of growth in terms of the volume of consumption of bleached sulphate pulp stood at +%. With regard to the other consumed products, the following average annual rates of growth were recorded: unbleached sulphate pulp (+% per year) and bleached sulphite pulp (-% per year).
In value terms, bleached sulphate pulp ($) led the market, alone. The second position in the ranking was occupied by unbleached sulphate pulp ($). It was followed by bleached sulphite pulp.
From 2007 to 2019, the average annual growth rate of the market volume of bleached sulphate pulp stood at +%. For the other products, the average annual rates were as follows: unbleached sulphate pulp (+% per year) and bleached sulphite pulp (-% per year).