Asia: Paper Knife Market 2025

Paper Knife Market Size in Asia

The Asian paper knife market dropped markedly to $X in 2022, shrinking by -16.7% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Paper Knife Production in Asia

In value terms, paper knife production declined to $X in 2022 estimated in export price. Overall, production, however, recorded a slight slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 43% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Paper Knife Exports

Exports in Asia

In 2022, shipments abroad of paper knives increased by 30% to X units, rising for the second year in a row after three years of decline. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 242%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, paper knife exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X units, which was approx. 96% of total exports in 2022. India (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +1.1% from 2012 to 2022. At the same time, India (+4.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +4.9% from 2012-2022. While the share of China (+3.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper knife supplier in Asia, comprising 93% of total exports. The second position in the ranking was held by India ($X), with a 1.1% share of total exports.

In China, paper knife exports increased at an average annual rate of +5.9% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, surging by 2.9% against the previous year. Overall, the export price continues to indicate a measured increase. The growth pace was the most rapid in 2016 an increase of 198%. As a result, the export price attained the peak level of $X per unit. From 2017 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 China ($X per unit), while India amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%).

Paper Knife Imports

Imports in Asia

In 2022, supplies from abroad of paper knives increased by 20% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, paper knife imports rose remarkably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X units), distantly followed by India (X units), South Korea (X units), Vietnam (X units), Thailand (X units), the United Arab Emirates (X units) and Myanmar (X units) were the largest importers of paper knives, together constituting 69% of total imports. The following importers - Iraq (X units), Malaysia (X units), Turkey (X units), Iran (X units), Bangladesh (X units) and Hong Kong SAR (X units) - together made up 16% of total imports.

Imports into Indonesia increased at an average annual rate of +6.2% from 2012 to 2022. At the same time, Myanmar (+42.5%), India (+14.4%), South Korea (+7.6%), Bangladesh (+6.3%), Vietnam (+5.6%), the United Arab Emirates (+1.8%) and Malaysia (+1.0%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia, with a CAGR of +42.5% from 2012-2022. Thailand and Iraq experienced a relatively flat trend pattern. By contrast, Turkey (-1.9%), Iran (-8.0%) and Hong Kong SAR (-21.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia, India, Myanmar, South Korea and Vietnam increased by +9.2, +7.4, +5, +4.8 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paper knife importing markets in Asia were Indonesia ($X), South Korea ($X) and Vietnam ($X), with a combined 46% share of total imports.

Indonesia, with a CAGR of +17.0%, recorded the highest rates of growth with regard to 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 amounted to $X per unit, declining by -7.2% against the previous year. Overall, the import price continues to indicate a slight descent. The pace of growth appeared the most rapid in 2018 when the import price increased by 15% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR ($X per unit), while Myanmar (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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