ASEAN: Book Cover Market 2025

Book Cover Market Size in ASEAN

The ASEAN book cover market contracted modestly to $X in 2022, waning by -1.9% against the previous year. Over the period under review, consumption saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the market value increased by 8.8% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Book Cover Production in ASEAN

In value terms, book cover production declined to $X in 2022 estimated in export price. Overall, production saw a deep slump. The pace of growth was the most pronounced in 2021 when the production volume increased by 9.4% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Book Cover Exports

Exports in ASEAN

In 2022, book cover exports in ASEAN shrank sharply to X tons, with a decrease of -34.3% on the previous year. Overall, exports saw a noticeable decline. The pace of growth appeared the most rapid in 2015 when exports increased by 316%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, book cover exports reduced rapidly to $X in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 134%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Malaysia (X tons) was the major exporter of blotting pads and book covers, comprising 52% of total exports. Indonesia (X tons) took a 30% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (7.7%), Singapore (5.5%) and Vietnam (4.5%).

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +13.3%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Malaysia ($X), Indonesia ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 76% of total exports. Thailand and Vietnam lagged somewhat behind, together comprising a further 23%.

In terms of the main exporting countries, Vietnam, with a CAGR of +11.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a noticeable reduction. The growth pace was the most rapid in 2020 when the export price increased by 52%. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.1%), while the other leaders experienced a decline in the export price figures.

Book Cover Imports

Imports in ASEAN

In 2022, approx. X tons of blotting pads and book covers were imported in ASEAN; declining by -9.5% against the previous year. Overall, imports recorded a noticeable decline. The growth pace was the most rapid in 2017 with an increase of 77%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, book cover imports declined to $X in 2022. Over the period under review, imports showed a slight curtailment. The growth pace was the most rapid in 2017 when imports increased by 35% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X tons), distantly followed by Thailand (X tons), Indonesia (X tons), Malaysia (X tons), Vietnam (X tons) and the Philippines (X tons) represented the largest importers of blotting pads and book covers, together comprising 89% of total imports. Cambodia (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest book cover importing markets in ASEAN were Vietnam ($X), Singapore ($X) and Thailand ($X), with a combined 57% share of total imports.

Vietnam, with a CAGR of +21.8%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, remaining relatively unchanged against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book cover import price decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 50% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+26.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform