ASEAN: Market for Finishing Agents Used In The Paper Industry 2024

Market Size for Finishing Agents Used In The Paper Industry in ASEAN

The ASEAN paper industry finishing agents market declined to $X in 2022, shrinking by X% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Finishing Agents Used In The Paper Industry in ASEAN

In value terms, paper industry finishing agents production shrank modestly to $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Finishing Agents Used In The Paper Industry

Exports in ASEAN

In 2022, after three years of growth, there was significant decline in overseas shipments of finishing agents used in the paper industry, when their volume decreased by X% to X tons. Over the period under review, exports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, paper industry finishing agents exports dropped to $X in 2022. In general, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Indonesia (X tons), Thailand (X tons) and Singapore (X tons) was the major exporter of finishing agents used in the paper industry in ASEAN, committing X% of total export. Malaysia (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Singapore ($X), Thailand ($X) and Indonesia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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, growing by X% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 Singapore ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Imports of Finishing Agents Used In The Paper Industry

Imports in ASEAN

In 2022, approx. X tons of finishing agents used in the paper industry were imported in ASEAN; reducing by X% against 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, paper industry finishing agents imports reduced to $X in 2022. Overall, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia (X tons) and Thailand (X tons) were the key importers of finishing agents used in the paper industry in 2022, amounting to near X% and X% of total imports, respectively. Malaysia (X tons) ranks next in terms of the total imports with a X% share, followed by Vietnam (X%) and the Philippines (X%). Singapore (X tons) took a minor share of total imports.

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

In value terms, Indonesia ($X) constitutes the largest market for imported finishing agents used in the paper industry in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

In Indonesia, paper industry finishing agents imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform