ASEAN: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in ASEAN

The ASEAN paper pulp moulded articles market was estimated at $X in 2022, rising by 3.7% against the previous year. Overall, consumption enjoyed a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in ASEAN

In value terms, paper pulp moulded articles production rose slightly to $X in 2022 estimated in export price. Overall, production enjoyed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 59%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports in ASEAN

In 2022, exports of moulded or pressed articles of paper pulp in ASEAN expanded rapidly to X tons, with an increase of 7.6% compared with the previous year. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 80%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles exports expanded notably to $X in 2022. In general, exports enjoyed a prominent increase. The growth pace was the most rapid in 2019 with an increase of 63% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Malaysia (X tons) was the main exporter of moulded or pressed articles of paper pulp, achieving 78% of total exports. Vietnam (X tons) took the second position in the ranking, distantly followed by Thailand (X tons). All these countries together held approx. 19% share of total exports. The following exporters - Brunei Darussalam (X tons) and Singapore (X tons) - each recorded a 3.2% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to paper pulp moulded articles exports from Malaysia stood at +25.9%. At the same time, Brunei Darussalam (+260.7%), Vietnam (+36.9%), Thailand (+10.8%) and Singapore (+1.7%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +260.7% from 2012-2022. From 2012 to 2022, the share of Malaysia, Vietnam and Brunei Darussalam increased by +20, +8.7 and +1.6 percentage points, respectively.

In value terms, Malaysia ($X) remains the largest paper pulp moulded articles supplier in ASEAN, comprising 56% of total exports. The second position in the ranking was held by Vietnam ($X), with a 22% share of total exports. It was followed by Thailand, with a 17% share.

In Malaysia, paper pulp moulded articles exports expanded at an average annual rate of +16.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+34.9% per year) and Thailand (+5.7% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when the export price increased by 33%. Over the period under review, the export prices attained 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 Thailand ($X per ton), while Brunei Darussalam ($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 (+3.9%), while the other leaders experienced a decline in the export price figures.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports in ASEAN

In 2022, purchases abroad of moulded or pressed articles of paper pulp decreased by -2.2% to X tons, falling for the second consecutive year after six years of growth. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, paper pulp moulded articles imports reduced to $X in 2022. Over the period under review, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 71% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Vietnam (X tons) and Thailand (X tons) prevails in imports structure, together committing 78% of total imports. It was distantly followed by Malaysia (X tons), Singapore (X tons) and Indonesia (X tons), together comprising a 19% share of total imports. The Philippines (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of +29.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported moulded or pressed articles of paper pulp in ASEAN, comprising 53% of total imports. The second position in the ranking was held by Thailand ($X), with an 18% share of total imports. It was followed by Malaysia, with an 11% share.

In Vietnam, paper pulp moulded articles imports expanded at an average annual rate of +23.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (+9.8% per year) and Malaysia (+14.6% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, growing by 1.6% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 when the import price increased by 16% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Thailand ($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 (+8.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform