Asia: Market for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) 2025

Market Size for Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Asia

The Asian market for bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s expanded remarkably to $X in 2021, picking up by 5.7% against the previous year. Overall, consumption enjoyed a strong expansion. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) in Asia

In value terms, production of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s rose sharply to $X in 2021 estimated in export price. In general, production continues to indicate a strong increase. The growth pace was the most rapid in 2017 when the production volume increased by 53%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Exports in Asia

In 2021, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in Asia was estimated at X tons, with an increase of 10% against the year before. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 21% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s surged to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.2% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons), distantly followed by Turkey (X tons), India (X tons), the United Arab Emirates (X tons), Indonesia (X tons), South Korea (X tons), Thailand (X tons), Lebanon (X tons), Saudi Arabia (X tons) and Taiwan (Chinese) (X tons) were the key exporters of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, together committing 90% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +39.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened) supplier in Asia, comprising 49% of total exports. The second position in the ranking was taken by Turkey ($X), with an 8.4% share of total exports. It was followed by India, with a 7.8% share.

In China, exports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s expanded at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+2.8% per year) and India (+29.9% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, picking up by 15% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the other leaders experienced more modest paces of growth.

Imports of Bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)

Imports in Asia

In 2021, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in Asia surged to X tons, increasing by 54% on the previous year. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) represented the main importer of bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s, committing 36% of total imports. Malaysia (X tons) held the second position in the ranking, followed by Israel (X tons) and Vietnam (X tons). All these countries together held near 16% share of total imports. The following importers - China (X tons), Turkey (X tons), Indonesia (X tons), the United Arab Emirates (X tons), Thailand (X tons), the Philippines (X tons), Singapore (X tons), Bahrain (X tons) and Taiwan (Chinese) (X tons) - together made up 25% of total imports.

Saudi Arabia was also the fastest-growing in terms of the bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s imports, with a CAGR of +30.3% from 2012 to 2021. At the same time, Bahrain (+26.1%), China (+8.2%), the Philippines (+7.9%), Turkey (+6.6%), the United Arab Emirates (+6.0%), Indonesia (+5.5%) and Taiwan (Chinese) (+1.6%) displayed positive paces of growth. By contrast, Malaysia (-1.4%), Singapore (-3.6%), Thailand (-3.8%), Israel (-4.1%) and Vietnam (-4.9%) illustrated a downward trend over the same period. Saudi Arabia (+30 p.p.) and Bahrain (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Thailand, Malaysia, Vietnam and Israel saw its share reduced by -3.1%, -3.7%, -6.2%, -7.7% and -7.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported bobbins, spools, cops and similar supports of paper pulp, paper or paperboard (whether or not perforated or hardened)s in Asia, comprising 28% of total imports. The second position in the ranking was held by China ($X), with a 7.2% share of total imports. It was followed by Malaysia, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia totaled +25.3%. The remaining importing countries recorded the following average annual rates of imports growth: China (+7.1% per year) and Malaysia (-1.2% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, with an increase of 2% against the previous year. Overall, the import price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2013 when the import price increased by 14%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat 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 China ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform