Key Market Indicators
Singaporean pulp import and export are both set to see a steady increase in the coming years. Import is projected to reach 589,000 metric tons by 2026, up from 410,000 metric tons in 2021 - an average growth rate of 1.4% year on year. This follows a steady decline in demand since 1970, dropping 11.9% year on year. In 2021, Singapore placed 23rd in the ranking, with Vietnam taking the lead at 409,590 metric tons. The United States, Germany and Italy came in at second, third and fourth, respectively. Meanwhile, Singapore's pulp export is predicted to reach 709,840 metric tons by 2026, up from 499,710 metric tons in 2021 - an average growth rate of 2.5% year on year. Since 1973, supply has decreased by 8.2% year on year. In 2021, Singapore placed 16th in the ranking, with the Netherlands leading at 499,710 metric tons. Canada, the United States and Chile ranked second, third and fourth, respectively.
