Market research

Semi-bleached or bleached kraft or soda wood pulp excluding dissolving grades market in Vietnam

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for semi-bleached or bleached kraft pulp in Vietnam showed significant expansion from 2018 to 2023, with volume rising from 310.6 thousand tons to 459.3 thousand tons. This overall growth occurred despite a period of contraction in the early 2020s.

After increasing steadily through 2019 and 2020 to reach 362.0 thousand tons, market volume declined over the next two years, falling to 328.7 thousand tons in 2022. A sharp rebound followed in 2023, with volume surging by 39.7% to a peak of 459.3 thousand tons.

Domestic production remained constant at 70 thousand tons per year throughout the entire period, indicating that the market's fluctuations were primarily influenced by changes in net trade rather than shifts in local output.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Vietnam
  1. 5.1.1. Annual dynamics of production in Vietnam in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Vietnam in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production bleached kraft or soda pulp in Vietnam

In kind, 2017-2020, t

Top producers of bleached kraft or soda pulp, 2017-2020

Source: SHEV.io

World map of production of bleached kraft or soda pulp, 2017-2020

Source: SHEV.io

Vietnam's production of semi-bleached or bleached kraft or soda wood pulp, excluding dissolving grades, remained broadly stable in 2020 at 70 000 tonnes, showing little change from the previous year. The largest decline and increase both occurred in 2018, each at 0.0%.

Annual dynamics of production in Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports bleached kraft or soda pulp from Vietnam

Exports in kind, K t

The market exhibited volatility during the observed period. Exports reached their lowest point in 2018 at 0.0 thousand tonnes, then surged dramatically by 94 651.5% in 2019, before falling sharply by 64.9% in 2020 to 1.0 thousand tonnes. The peak was in 2017, with exports changing by 1 004 times from the 2018 trough. The largest decline of 99.9% was recorded in 2018.

Annual dynamics of product's exports from Vietnam in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.9%)	94 651.5%	(64.9%)	(30.8%)

Source: SHEV.io

From 2017 to 2020, China and Cambodia dominated Vietnam's exports in kind, together accounting for 96.2% of total flows, with the remainder distributed among other destinations.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The data reveals irregular changes, indicating a volatile market environment. Exports in value terms peaked in 2019 at 2.5 million US dollars, then fell abruptly by 81.1% in 2020 to 0.5 million US dollars. The largest increase of 79.9% was recorded in 2019, with a 5.3-fold difference between the 2019 peak and 2020 trough.

Annual dynamics of product's exports from Vietnam in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.2%)	79.9%	(81.1%)	(34.9%)

Source: SHEV.io

Between 2017 and 2020, China (49.1% of exports in value terms), Cambodia (30.1%), and Malaysia (12.3%) were the principal destinations, jointly accounting for 91.5% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in value, 2017-2020

Source: SHEV.io

Imports bleached kraft or soda pulp to Vietnam

Imports in kind, K t

Vietnam's imports of semi-bleached or bleached kraft or soda wood pulp, excluding dissolving grades, increased for the third consecutive year in 2020, reaching 293.1 thousand tonnes, a slight rise of 0.9% from 2019. Over the 2017-2020 period, imports grew by 39.5%, with a compound annual growth rate of 11.7%.

Annual dynamics of product's imports to Vietnam in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.5%	20.7%	0.9%	11.7%

Source: SHEV.io

Throughout 2017-2020, the United States (30.2% of imports in kind), Indonesia (22.5%), and Brazil (18.9%) remained the key partners, together representing 71.6% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

After a two-year rise, Vietnam's imports of semi-bleached or bleached kraft or soda wood pulp, excluding dissolving grades, declined in 2020 to 159.1 million US dollars, a significant reduction of 22.2% compared to 2019. The maximum value was recorded in 2019 at 204.4 million US dollars, with the largest increase of 42.1% occurring in 2018. Between 2017 and 2020, imports increased by 19.3%, equating to an annualized rate of 6.1%.

Annual dynamics of product's imports to Vietnam in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	42.1%	7.9%	(22.2%)	6.1%

Source: SHEV.io

From 2017 to 2020, the United States (31.7% of imports in value terms), Indonesia (21.7%), and Brazil (18.2%) formed the core group of markets, together representing 71.5% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in value, 2017-2020

Source: SHEV.io