Asia-Pacific: Playing Cards Market 2024

Playing Cards Market Size in Asia-Pacific

The Asia-Pacific playing cards market expanded to $X in 2022, increasing by 3.2% against the previous year. Overall, consumption saw buoyant growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Playing Cards Production in Asia-Pacific

In value terms, playing cards production stood at $X in 2022 estimated in export price. In general, production posted a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 69%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Playing Cards Exports

Exports in Asia-Pacific

In 2022, the amount of playing cards exported in Asia-Pacific soared to X tons, growing by 25% compared with 2021 figures. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, playing cards exports skyrocketed to $X in 2022. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, China (X tons) was the main exporter of playing cards, constituting 73% of total exports. Japan (X tons) ranks second in terms of the total exports with a 13% share, followed by Singapore (6.6%). Taiwan (Chinese) (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to playing cards exports from China stood at +15.7%. At the same time, Singapore (+18.3%) and Taiwan (Chinese) (+1.5%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +18.3% from 2012-2022. By contrast, Japan (-5.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Singapore increased by +36 and +3.9 percentage points, respectively.

In value terms, Japan ($X), China ($X) and Singapore ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 91% of total exports.

Among the main exporting countries, Singapore, with a CAGR of +23.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, falling by -5.1% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by 18% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.2%), while the other leaders experienced more modest paces of growth.

Playing Cards Imports

Imports in Asia-Pacific

In 2022, approx. X tons of playing cards were imported in Asia-Pacific; waning by -9.4% on the previous year. Overall, imports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2014 with an increase of 109%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, playing cards imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2018 with an increase of 117%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

Indonesia represented the key importing country with an import of about X tons, which reached 51% of total imports. Macao SAR (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Australia (6.2%) and Japan (5.9%). The following importers - Singapore (X tons), China (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), New Zealand (X tons) and the Philippines (X tons) - together made up 18% of total imports.

Indonesia was also the fastest-growing in terms of the playing cards imports, with a CAGR of +16.6% from 2012 to 2022. At the same time, New Zealand (+13.5%), China (+9.3%), Australia (+7.8%), Taiwan (Chinese) (+7.3%), Japan (+1.6%), South Korea (+1.6%) and the Philippines (+1.0%) displayed positive paces of growth. By contrast, Singapore (-4.3%) and Macao SAR (-9.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, Australia, China and New Zealand increased by +37, +2.6, +1.8 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Australia ($X) and Macao SAR ($X) constituted the countries with the highest levels of imports in 2022, together comprising 42% of total imports. South Korea, Singapore, China, Taiwan (Chinese), New Zealand, the Philippines and Indonesia lagged somewhat behind, together accounting for a further 49%.

New Zealand, with a CAGR of +24.3%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, increasing by 3.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 31%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :