Argentina: Bleached Sulphate Pulp Market 2024

Bleached Sulphate Pulp Market Size in Argentina

The Argentinian bleached sulphate pulp market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.5% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Bleached Sulphate Pulp Production in Argentina

In value terms, bleached sulphate pulp production rose rapidly to $X in 2021 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -34.7% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 57% against the previous year. Bleached sulphate pulp production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Bleached Sulphate Pulp Exports

Exports from Argentina

In 2021, approx. X tons of bleached sulphate pulp were exported from Argentina; which is down by -3.4% against 2020 figures. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by 23% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, bleached sulphate pulp exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), China (X tons) and Uruguay (X tons) were the main destinations of bleached sulphate pulp exports from Argentina, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +31.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for bleached sulphate pulp exported from Argentina were Brazil ($X), China ($X) and Uruguay ($X), together comprising 98% of total exports.

Among the main countries of destination, China, with a CAGR of +33.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average bleached sulphate pulp export price stood at $X per ton in 2021, with an increase of 31% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 31% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to Uruguay ($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 China (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Bleached Sulphate Pulp Imports

Imports into Argentina

In 2021, purchases abroad of bleached sulphate pulp decreased by -13.8% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +21.1% against 2018 indices. The pace of growth was the most pronounced in 2014 when imports increased by 37%. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, bleached sulphate pulp imports soared to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 27%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Uruguay (X tons), Brazil (X tons) and the United States (X tons) were the main suppliers of bleached sulphate pulp imports to Argentina, with a combined 96% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uruguay (with a CAGR of +29.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Uruguay ($X), Brazil ($X) and the United States ($X) were the largest bleached sulphate pulp suppliers to Argentina, together comprising 96% of total imports.

In terms of the main suppliers, Uruguay, with a CAGR of +28.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average bleached sulphate pulp import price amounted to $X per ton, increasing by 37% against the previous year. Overall, the import price, however, showed a slight decrease. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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