Asia: Photographic Paper Market 2025

Photographic Paper Market Size in Asia

The Asian photographic paper market was finally on the rise to reach $X in 2021, after eight years of decline. Overall, consumption, however, showed a deep reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Photographic Paper Production in Asia

In value terms, photographic paper production contracted to $X in 2021 estimated in export price. In general, production showed a slight decline. The pace of growth was the most pronounced in 2016 when the production volume increased by 50%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Photographic Paper Exports

Exports in Asia

In 2021, after three years of decline, there was significant growth in overseas shipments of photographic paper, paperboard and textiles, when their volume increased by 21% to X square meters. Over the period under review, exports, however, showed a deep slump. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, photographic paper exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt shrinkage. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, finishing at X square meters, which was approx. 85% of total exports in 2021. The following exporters - the United Arab Emirates (X square meters), Singapore (X square meters) and Malaysia (X square meters) - together made up 7.8% of total exports.

From 2012 to 2021, average annual rates of growth with regard to photographic paper exports from China stood at -5.3%. Malaysia experienced a relatively flat trend pattern. the United Arab Emirates (-10.1%) and Singapore (-18.5%) illustrated a downward trend over the same period. China (+25 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -5.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest photographic paper supplier in Asia, comprising 78% of total exports. The second position in the ranking was taken by Singapore ($X), with a 4.4% share of total exports. It was followed by the United Arab Emirates, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -8.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (-19.1% per year) and the United Arab Emirates (-4.4% per year).

Export Prices by Country

The export price in Asia stood at $X per square meter in 2021, remaining relatively unchanged against the previous year. In general, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2016 an increase of 14%. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2021, the export prices remained at a somewhat lower figure.

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 Singapore ($X per square meter), while China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.4%), while the other leaders experienced mixed trends in the export price figures.

Photographic Paper Imports

Imports in Asia

In 2021, after eight years of decline, there was significant growth in overseas purchases of photographic paper, paperboard and textiles, when their volume increased by 38% to X square meters. Overall, imports, however, recorded a drastic downturn. The volume of import peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photographic paper imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt shrinkage. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters), India (X square meters), the United Arab Emirates (X square meters) and Singapore (X square meters) was the key importer of photographic paper, paperboard and textiles in Asia, committing 57% of total import. Japan (X square meters) took the next position in the ranking, followed by Indonesia (X square meters). All these countries together took approx. 11% share of total imports. Turkey (X square meters), Bangladesh (X square meters), Iran (X square meters), Thailand (X square meters), South Korea (X square meters), the Philippines (X square meters) and Taiwan (Chinese) (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +11.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), India ($X) and China ($X) constituted the countries with the highest levels of imports in 2021, with a combined 43% share of total imports. These countries were followed by Singapore, Japan, Indonesia, Turkey, Iran, Thailand, South Korea, Taiwan (Chinese), Bangladesh and the Philippines, which together accounted for a further 43%.

Among the main importing countries, Bangladesh, with a CAGR of +5.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Asia stood at $X per square meter in 2021, growing by 8.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per square meter), while the Philippines ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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