加拿大纸浆造纸工业市场前景及投资研究报告-培训课件外文版2024.6

COMPANIES

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PRODUCTSPulpandpaperindustryinCanadaCHAPTER

01OverviewDistributionofpaperandpaperboardproductionworldwidein2022,byregionShareofglobalpaperandpaperboardproduction2022,byregionOceania0.9%Africa0.8%Americas23.6%Europe24.1%Asia50.0%3Description:Asiaaccountedfor50.6percentoftheglobalpaperandpaperboardproductionin2022.Europewasthesecond-largestpaper-producingregionthatyear,representingaquarteroftheworld'sproduction.Globalpaperandpaperboardproductionin2022surpassed414.09millionmetrictons.ReadmoreNote(s):Worldwide;2022;Basedontotalproductionof417.3MtSource(s):FAOProductionvolumeofpaperandpaperboardinselectedcountriesworldwidein2010and2022(in1,000metrictons)Globalproductionofpaperandpaperboard2010-2022,bycountryProductioninthousandmetrictons20222010020,00040,00060,00080,000100,000120,000140,000ChinaUnitedStatesJapanGermanyIndiaIndonesiaBrazilSouthKoreaRussiaCanadaItalySweden4Description:In2021,Chinaproducedover128.37millionmetrictonsofpaperandpaperboard,makingittheleadingpaper-producingcountryworldwide.TheUnitedStateswasthesecond-largestpaper-producingcountrythatyear,withanoutputof65.3millionmetrictons.ReadmoreNote(s):Worldwide;2010to2022Source(s):FAODistributionofpaperexportsworldwidein2022,bycountryGlobalshareofpaperexports2022,bycountrySpain2.7%Indonesia2.3%UnitedKingdom1.5%Belgium2.7%Austria2.9%Netherlands3.1%Poland3.3%France3.6%Finland3.8%Restofworld25.5%Canada4%China15%Sweden4.7%Italy4.8%UnitedStates8.1%Germany12%5Description:In2022,theglobalvalueofpaperexportedworldwidewas183billionU.S.dollars.Germanyaccountedfor12.5percentoftheglobalvalueofpaperexportsin2021,makingitthelargestpaperexporterworldwide.Chinafollowed,withashareof12percent.ReadmoreNote(s):Worldwide;2022;SharescorrespondtothedollarvalueofexportsSource(s):CIA(TheWorldFactbook);TradeMap;WTExDistributionofpulpforpaperproductionworldwidein2022,byregionShareofglobalpulpproduction2022,byregionOceania1.36%Africa0.65%Europe23.91%Asia26.7%Americas47.38%6Description:TheAmericasproducedapproximately47.38percentoftheglobalpulpforpaperin2022.Thesecond-largestpulpproducingregionthatyearwasEurope,representing25percentoftheglobaloutput.

ReadmoreNote(s):Worldwide;2022;Basedontotalproductionof198.57MtSource(s):FAOKeydataonthepulpandpaperindustryinCanadain2021KeydataontheCanadianpulpandpaperindustry2021CategoryQuantityRealGDPcontributionofpulpandpaperproductmanufacturingindustry(inmillionCanadiandollars)*6685NominalGDPcontributionofpulpandpaperproductmanufacturingindustry(inmillionCanadiandollars)**9719.88Valueofdomesticpulpandpaperproductexports(inmillionCanadiandollars)Productionofwoodpulp(inthousandmetrictons)16702.54142661888Productionofnewsprint(inthousandmetrictons)Productionofprintingandwritingpaper(inthousandmetrictons)Consumptionofwoodpulp(inthousandmetrictons)24186643.827Description:Therealgrossdomesticproduct(GDP)contributionofthepulpandpaperproductmanufacturingindustryinCanadaamountedto6.7billionCanadiandollarsin2021.Thedomesticvalueofpulpandpaperproductexportstotaled16.7billionCanadiandollarsthatsameyear.ReadmoreNote(s):Canada;*Constant2012Canadiandollars.**CurrentCanadiandollarsasof2021AdaptedfromStatisticsCanada,cfs.nrcan.gc.ca,2021.ThisdoesnotconstituteanendorsementbyStatisticsCanadaofthisproduct.

ReadmoreSource(s):APA–TheEngineeredWoodAssociation;NRCan;PPPC;StatCanCHAPTER

02ProductionProductioncapacityofpaperandpaperboardinCanadain2022and2023,withaforecastto2024(in1,000metrictons)ProductioncapacityofpaperandpaperboardinCanada2022-202410,0009,3509,2009,1009,0008,0007,0006,0005,0004,0003,0002,0001,000020222023*2024*9Description:In2022,theproductioncapacityofpaperandpaperboardinCanadawas9.35millionmetrictons(airdry).ItisprojectedthatCanada'spaperandpaperboardproductioncapacitywilldroptosome9.2millionmetrictonsby2024.

ReadmoreNote(s):Canada;2022;Airdryproduction;*Figuresareprojections.ReadmoreSource(s):FAOProductioncapacityofwrappingandpackagingpaperandpaperboardinCanadain2022and2023,withaforecastto2024(in1,000metrictons)ProductioncapacityofpackagingpaperandpaperboardinCanada2022-20244,0003,7503,6003,6003,5003,0002,5002,0001,5001,0005000202220232024*10/statistics/871783/production-capacity-wrapping-packaging-paper-board-forecast-canadaIn2022,theproductioncapacityofwrappingandpackagingpaperandpaperboardinCanadaamountedto3.75millionmetrictons(airdry).Canada'scapacityisexpectedtoreach3.6millionmetrictonsin2023andremainconstantuntilatleast2024.ReadmoreNote(s):Canada;2023;Airdryproduction;*Figuresareprojections.ReadmoreSource(s):FAOProjectedproductioncapacityofcartonboardinCanadafrom2021to2023withaforecastto2026(in1,000metrictons)Canada'sprojectedproductioncapacityofcartonboard2021-202680075075075075075075070060050040030020010002021202220232024*2025*2026*11Description:InCanada,thecartonboardproductioncapacityhasbeensteadyat750thousandmetrictonnesannuallyfrom2021to2023,withprojectionsindicatingthislevelwillbemaintaineduntilatleast2026.ReadmoreNote(s):NorthAmerica,Canada;2023Source(s):FAOProductionofforestproductsinCanadain2010to2021,bytype(inmillionmetrictons)Canadianforestproductsproductionbytype2010-2021WoodpulpNewsprintPrintingandwritingpaper302520151054.14.73.94.53.54.13.443.43.23.63.13.42.983.053.0632.622.684.12.421.892.261.9618.11816.816.916.616.216.216.316.1715.3914.08202014.2720210201020112012201320142015201620172018201912Description:ThisstatisticillustratestheproductionofforestproductsinCanadain2010to2021,bytypeinmillionmetrictons.In2021,around14.27millionmetrictonsofwoodpulpwasproducedfromCanada'sforests,anincreasefromaround14.08millionmetrictonsthepreviousyear.ReadmoreNote(s):Canada;2010to2021Source(s):APA–TheEngineeredWoodAssociation;NRCan;PPPC;StatCanCHAPTER

03ConsumptionDomesticconsumptionofwoodpulpinCanadain2010to2021(inmillionmetrictons)Canada:woodpulpconsumption2010-202110987659.458.83432107.687.517.576.967.057.016.796.586.645.9220102011201220132014201520162017201820192020202114/statistics/1452977/consumption-of-wood-pulp-in-canadaAlthoughtherewasaslightincreaseinwoodpulpconsumptionin2021,Canada'sdomesticconsumptionofwoodpulphasseenanetdeclineoverthepastdecade.Droppingfrom9.45millionmetrictonsin2010to6.64millionmetrictonsin2021.

ReadmoreNote(s):Canada;2010to2021Source(s):NRCanDomesticconsumptionofprintingandwritingpaperinCanadain2010to2021(inmillionmetrictons)Canada:printingandwritingpaperconsumption2010-20212.01.81.61.41.21.01.741.740.80.60.40.20.01.491.51.371.371.341.331.291.020.940.8220102011201220132014201520162017201820192020202115Description:In2021,Canadaconsumedaround937thousandmetrictonsofprintingandwritingpaper,whichrepresentedanotabledecreasefromtheconsumptionlevelofapproximately1.74millionmetrictonsin2010.Thedecreaseinpaperconsumptionoverthepastdecadecouldbeattributedtoseveralfactors,suchastheshifttowardsdigitalizationandanincreasedfocusonsustainability.ReadmoreNote(s):Canada;2010to2021Source(s):NRCanDomesticconsumptionofnewsprintpaperinCanadain2010to2021(in1,000metrictons)Canada:newsprintconsumptionvolume2010-2021600483.95004003002001000444.32389.99291.37284.71276.26250.81233.45232.76182.6-2.722020-100-200-90.832021201020112012201320142015201620172018201916Description:ThedomesticconsumptionofnewsprintpaperinCanadawitnessedasignificantdeclineoverthepastdecade,from483,896metrictonsin2010tonegative90,833metrictonsin2021.Newsprintpaperisaninexpensivegradeofpaperusedtoproducenewspapers,magazines,andsimilartypesofpublications.ReadmoreNote(s):NorthAmerica,Canada;2010to2021Source(s):NRCanCHAPTER

04TradeExportvalueofpulpandpaperproductsfromCanadafrom2010to2022(inmillionCanadiandollars)Canada:exportvalueofpulpandpaperproducts2010-2022181616.2715.4114.3213.9413.8913.9813.813.84141210813.3512.9612.8412.4511.596420201020112012201320142015201620172018201920202021202218Description:In2022,approximately15.4billiondollarsofpulpandpaperproductswereexportedfromCanada.Thiswasanincreasefromabout12.8billionthepreviousyear.

ReadmoreNote(s):Canada;2010to2022Source(s):StatCanDomesticexportvalueofpulpandpaperproductsfromCanadain2021,byproducttype(inmillionCanadiandollars)Canada:exportvalueofpulpandpaperproducts2021,bytype8,0007,293.577,0005,941.056,0005,0004,0003,0002,0001,00001,740.451,361.28355.6810.52WoodpulpOtherpaperandpaperboardOtherpaperproductsConvertedpaperRecoveredpaperOtherpulp19Description:In2021,thetotaldomesticexportvalueofpulpandpaperproductsinCanadaamountedto16.7billionCanadiandollars,withwoodpulpaccountingfor7.3billionCanadiandollarsofthistotal.ReadmoreNote(s):Canada;2021Source(s):NRCan;StatCanExportvalueofforestresourcesfromCanadain2021,bydestinationregion(inmillionCanadiandollars)ExportvalueofCanadianforestresources2021,bydestinationExportvalueinmillionCanadiandollars10,000

15,000

20,00005,00025,00030,00035,00034,835.0940,000UnitedStatesChinaJapan4,293.521,794.35926.65EuropeanUnionIndia596.63512.56413.08229.26SouthKoreaSouthandCentralAmericaTaiwanOceania

152.64MiddleEast

114.38Africa

17.74Other1,010.5120/statistics/885935/export-value-of-forest-resources-by-destinationThisstatisticillustratestheexportvalueofforestresourcesfromCanadain2021,bydestinationregioninmillionCanadiandollars.TheUnitedStatesreceivedaround34.84billionCanadiandollars'worthofforestresourcesfromCanadain2021.

ReadmoreNote(s):Canada;2021Source(s):NRCan;StatCanImportvalueofpulpandpaperproductsinCanadafrom2010to2022(inbillionCanadiandollars)Canada:importvalueofpulpandpaperproducts2010-20225.04.54.03.53.02.52.01.51.00.50.0201020112012201320142015201620172018201920202021202221Description:In2022,anestimated4.3billiondollarsworthofpulpandpaperproductswereimportedintoCanada,asignificantincreasefromthepreviousyear'sfigureof3.4billiondollars.

ReadmoreNote(s):Canada;2004to2022Source(s):StatCanImportvalueofpulpandpaperproductsinCanadain2021,byproducttype(inmillionCanadiandollars)Canada:importvalueofpulpandpaperproducts2021,bytypeImportvalueinmillionCanadiandollars1,000

1,50005002,0002,5003,0003,500ConvertedpaperWoodpulp1,798.57361.47Recoveredpaper256.55Newsprint

14.16Otherpaperandpaperboard3,182.77Otherpaperproducts2,499.3Otherpulp

3.6122Description:TheimportvalueofpulpandpaperproductsinCanadastoodat8.1billionCanadiandollarsin2021,withconvertedpapermakingup1.8billionCanadiandollarsofthistotal.ReadmoreNote(s):Canada;2021Source(s):NRCan;StatCanCHAPTER

05CompaniesLeadingpulpandpapermillsinCanadain2023,bynumberofemployeesCanada:largestpulpandpapermills2023,bynumberofemployeesNumberofemployees01002003004005006007008009008701,000DomtarCorp.-WindsorMill,Windsor,QCRayonierAdvancedMaterials-ChemicalGroup,Témiscaming,QC*KrugerProductsL.P.,CrabtreeMill,Crabtree,QC700660PaperExcellence,CatalystCroftonMill,Crofton,BCIrvingConsumerProductsLtd.,IrvingTissue,Toronto,ONCornerBrookPulp&PaperLtd.,CornerBrook,NL599550500480455425400KrugerProductsL.P.,GatineauMill(Laurier-Richelieu),Gatineau,QCThunderBayPulpandPaper,ThunderBay,ONMercerInternationalInc.-MercerCelgar,Castlegar,BCCaribooPulp&PaperCompany,Quesnel,BCKrugerProductsLtd.,NewWestminsterMill,NewWestminster,BC*Alberta-PacificForestIndustriesInc.,Boyle,AB*40040024Description:TheDomtarCorp.WindsorMillinWindsor,Quebec,wasCanada’stoppulpandpapermillbyemployeecountin2023,with870workers.RayonierAdvancedMaterials-ChemicalGroupinTémiscaming,Quebec,camesecondwith700workers,andKrugerProductsL.P.-CrabtreeMillinCrabtree,Quebec,wasthirdwith660workers.ThesecompaniesareimportantfortheCanadianpulpandpaperindustry,astheycreatemanyjobsandboosttheeconomy.

ReadmoreNote(s):Canada;2023;*Sourceindicatesactualemploymentfiguresmayexceedthefigureshown.ReadmoreSource(s):PulpandPaperCanadaRevenueofResoluteForestProductsfrom2010to2022(inmillionU.S.dollars)ResoluteForestProductsrevenue2010-20225,0004,5004,0003,5003,0002,5002,0001,5001,0005004,7464,7564,5034,4614,2583,7933,7563,6453,6643,5453,5132,9232,8000201020112012201320142015201620172018201920202021202225Description:ResoluteForestProductsreportedrevenueof3.79billionU.S.dollarsinfinancialyear2022.ResoluteForestProductsisheadquarteredinMontreal,Quebec,Canada,andisaleadingglobalproducerofbleachedkraftpulp.

ReadmoreNote(s):Canada,UnitedStates;2010to2022Source(s):ResoluteForestProductsCascades'annualrevenuefrom2012to2023(inmillionCanadiandollars)Cascades'annualrevenue2012-20235,0004,6494,6384,4664,5004,0003,5003,0002,5002,0001,5001,0005004,3214,1054,0013,9483,9563,8613,5613,3703,141020122013201420152016201720182019202020212022202326Description:CascadesrevenuefortheyearendedDecember31,2023,was4.64billionCanadiandollars-anincreasewhencomparedwiththepreviousyear.Thelowrevenuein2021waslargelyattributabletothedecreaseinsalesfromCascadestissuepaperssegment.CascadesisaCanada-basedpaperandpackagingcompany.ReadmoreNote(s):Canada;2012to2022Source(s):CascadesCHAPTER

06OutlookTotalvalueofthepulp&papermanufacturingproductioninCanadafrom2018to2028(inbillionU.S.dollars)Canada:pulp&papermanufacturingoutput2018-202825201510523.7622.6120.520.3620.2219.9519.6819.4119.1518.8918.6402018201920202021202220232024202520262027202828/statistics/1456596/pulp-and-paper-manufacturing-output-in-canadaIn2028,