ASEAN: Filter Paper Market 2025

Filter Paper Market Size in ASEAN

In 2021, after seven years of growth, there was decline in the ASEAN filter paper market, when its value decreased by -3.1% to $X. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +55.2% against 2013 indices. Over the period under review, the market reached the peak level at $X in 2020, and then dropped slightly in the following year.

Filter Paper Production in ASEAN

In value terms, filter paper production shrank to $X in 2021 estimated in export price. The total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +62.8% against 2013 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 21% against the previous year. As a result, production attained the peak level of $X, and then contracted in the following year.

Filter Paper Exports

Exports in ASEAN

In 2021, shipments abroad of filter paper and paperboard cut to shape was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 121% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, filter paper exports soared to $X in 2021. In general, exports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of 112% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Singapore (X tons) was the main exporter of filter paper and paperboard cut to shape, achieving 68% of total exports. Indonesia (X tons) ranks second in terms of the total exports with a 15% share, followed by Malaysia (6.9%) and the Philippines (5.2%). Vietnam (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to filter paper exports from Singapore stood at +13.4%. At the same time, Vietnam (+47.6%) and Indonesia (+19.5%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +47.6% from 2012-2021. By contrast, the Philippines (-2.4%), Thailand (-15.7%) and Malaysia (-21.4%) illustrated a downward trend over the same period. While the share of Singapore (+46 p.p.), Indonesia (+12 p.p.) and Vietnam (+2.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Thailand (-6.6 p.p.) and Malaysia (-53.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest filter paper supplier in ASEAN, comprising 68% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 16% share of total exports. It was followed by the Philippines, with a 5.5% share.

In Singapore, filter paper exports expanded at an average annual rate of +12.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+22.3% per year) and the Philippines (+7.1% per year).

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per ton, growing by 4.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by 25%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+9.7%), while the other leaders experienced mixed trends in the export price figures.

Filter Paper Imports

Imports in ASEAN

In 2021, overseas purchases of filter paper and paperboard cut to shape decreased by -10.8% to X tons, falling for the third consecutive year after three years of growth. Overall, imports, however, enjoyed a tangible increase. The growth pace was the most rapid in 2017 when imports increased by 77% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, filter paper imports surged to $X in 2021. Over the period under review, imports, however, showed tangible growth. 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 peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Indonesia (X tons), distantly followed by Myanmar (X tons), Singapore (X tons), Malaysia (X tons), the Philippines (X tons), Thailand (X tons), Vietnam (X tons) and Cambodia (X tons) were the largest importers of filter paper and paperboard cut to shape, together committing 100% of total imports.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +53.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper importing markets in ASEAN were Indonesia ($X), Singapore ($X) and Thailand ($X), with a combined 60% share of total imports. Malaysia, the Philippines, Vietnam, Myanmar and Cambodia lagged somewhat behind, together comprising a further 40%.

In terms of the main importing countries, Cambodia, with a CAGR of +32.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2021, jumping by 33% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+7.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform