Asia: Market for Printing and Writing Paper 2024

Market Size for Printing and Writing Paper in Asia

The Asian printing and writing paper market reduced notably to $X in 2022, declining by -91.8% against the previous year. Overall, consumption continues to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 when the market value increased by 9.8% against the previous year. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Production of Printing and Writing Paper in Asia

In value terms, printing and writing paper production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Printing and Writing Paper

Exports in Asia

In 2022, the amount of printing and writing paper exported in Asia totaled X tons, rising by 2.1% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 6.6%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing and writing paper exports rose sharply to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Indonesia (X tons) and China (X tons) represented the major exporters of printing and writing paper in Asia, together mixing up 61% of total exports. It was distantly followed by South Korea (X tons), India (X tons), Japan (X tons) and Thailand (X tons), together creating a 32% share of total exports. Singapore (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +7.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and South Korea ($X) were the countries with the highest levels of exports in 2022, together comprising 73% of total exports. India, Japan, Thailand and Singapore lagged somewhat behind, together accounting for a further 22%.

India, with a CAGR of +8.1%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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, surging by 12% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 12%. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in China ($X per ton) and South Korea ($X per ton), while Indonesia ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the other leaders experienced more modest paces of growth.

Imports of Printing and Writing Paper

Imports in Asia

Printing and writing paper imports dropped remarkably to X tons in 2022, which is down by -23.7% on the previous year. Over the period under review, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 14% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, printing and writing paper imports dropped to $X in 2022. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of printing and writing paper imports in 2022 were Turkey (X tons), India (X tons), China (X tons), the United Arab Emirates (X tons), Japan (X tons), Vietnam (X tons), Malaysia (X tons), Thailand (X tons), South Korea (X tons), Indonesia (X tons), the Philippines (X tons) and Saudi Arabia (X tons), together reaching 76% of total import. Singapore (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of +6.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest printing and writing paper importing markets in Asia were Turkey ($X), India ($X) and China ($X), with a combined 33% share of total imports. Vietnam, Japan, the United Arab Emirates, Malaysia, Thailand, South Korea, the Philippines, Indonesia, Singapore and Saudi Arabia lagged somewhat behind, together comprising a further 45%.

The Philippines, with a CAGR of +6.4%, 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 amounted to $X per ton, jumping by 16% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while the United Arab Emirates ($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 (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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