Ilim Group has summed up the results of its export operations in China in 2020
In 2020, Ilim Group reached a record-high export volume of 1.66 million tons (including 1.49 million tons of pulp and 170 thousand tons of paperboard), which is 33.2 times higher than export volumes in 1996 when Ilim first entered the Chinese market. Over these years, aggregate export volumes of pulp and paper products have totaled 22.7 million tons.
According to Ksenia Sosnina, Ilim Group CEO, the People’s Republic of China is a strategically important market for Ilim Group as 44% of all P&P products produced by Ilim are exported to China. China demonstrates a growing demand for P&P products, namely for pulp and packaging materials. According to forecasts, in 2024 pulp consumption will total 48 million tons with import accounting for 34 million tons.
The Silk Road plays a significant role in unleashing of Ilim’s export potential with the flow of goods transported via the Silk Road increased by 171% over the last year. Despite the pandemic, Ilim’s flexible and extended logistics network helped to ensure 100% of sales volumes.