Asia: Playing Cards Market 2024

Playing Cards Market Size in Asia

The Asian playing cards market expanded slightly to $X in 2022, picking up by 3.6% against the previous year. Overall, consumption posted a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Playing Cards Production in Asia

In value terms, playing cards production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 68% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Playing Cards Exports

Exports in Asia

For the third consecutive year, Asia recorded growth in shipments abroad of playing cards, which increased by 26% to X tons in 2022. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, playing cards exports surged to $X in 2022. Over the period under review, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

China was the key exporting country with an export of around X tons, which finished at 73% of total exports. Japan (X tons) took the second position in the ranking, followed by Singapore (X tons). All these countries together took near 19% share of total exports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

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, 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, with a combined 91% share 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

The export price in Asia stood at $X per ton in 2022, with a decrease of -4.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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

In 2022, playing cards imports in Asia dropped to X tons, which is down by -12.1% compared with 2021. Over the period under review, imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2018 with an increase of 103%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, playing cards imports declined to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 117%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia represented the key importing country with an import of around X tons, which recorded 50% 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 Japan (5.8%). Singapore (X tons), China (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), the United Arab Emirates (X tons) and the Philippines (X tons) followed a long way behind the leaders.

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, China (+9.3%), Taiwan (Chinese) (+7.3%), Japan (+1.6%), South Korea (+1.6%) and the Philippines (+1.0%) displayed positive paces of growth. By contrast, the United Arab Emirates (-1.1%), Singapore (-4.3%) and Macao SAR (-9.4%) illustrated a downward trend over the same period. Indonesia (+38 p.p.) and China (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Macao SAR saw its share reduced by -3% and -24.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest playing cards importing markets in Asia were Japan ($X), Macao SAR ($X) and South Korea ($X), together comprising 42% of total imports. Singapore, China, Taiwan (Chinese), the Philippines, Indonesia and the United Arab Emirates lagged somewhat behind, together accounting for a further 40%.

China, with a CAGR of +16.9%, saw 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 ton, with an increase of 7.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 28%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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

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