Asia: Recovered Paper Market 2025

Recovered Paper Market Size in Asia

The Asian recovered paper market reduced slightly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Recovered Paper Production in Asia

In value terms, recovered paper production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 29% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Recovered Paper Exports

Exports in Asia

For the fourth consecutive year, Asia recorded decline in overseas shipments of recovered paper, which decreased by -12.8% to X tons in 2022. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 3.6% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, recovered paper exports fell notably to $X in 2022. Over the period under review, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of 51%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Japan (X tons) was the main exporter of recovered paper, generating 37% of total exports. It was distantly followed by Hong Kong SAR (X tons), South Korea (X tons), Singapore (X tons) and the United Arab Emirates (X tons), together creating a 35% share of total exports. Iraq (X tons), Taiwan (Chinese) (X tons), Sri Lanka (X tons), Turkey (X tons), Saudi Arabia (X tons), the Philippines (X tons) and Israel (X tons) took a little share of total exports.

Exports from Japan decreased at an average annual rate of -9.4% from 2012 to 2022. At the same time, Iraq (+25.6%), Turkey (+12.5%), Taiwan (Chinese) (+7.9%), Israel (+3.4%) and the Philippines (+1.9%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing exporter exported in Asia, with a CAGR of +25.6% from 2012-2022. Sri Lanka and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, South Korea (-2.3%), Singapore (-5.6%), Hong Kong SAR (-7.1%) and Saudi Arabia (-8.3%) illustrated a downward trend over the same period. Iraq (+3.3 p.p.), the United Arab Emirates (+3 p.p.), South Korea (+2.6 p.p.), Turkey (+2.2 p.p.) and Taiwan (Chinese) (+2 p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR and Japan saw its share reduced by -1.7% and -18.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest recovered paper supplier in Asia, comprising 37% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with an 11% share of total exports. It was followed by Singapore, with a 9.3% share.

In Japan, recovered paper exports decreased by an average annual rate of -8.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (-6.6% per year) and Singapore (-4.1% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, with a decrease of -3.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the export price increased by 58%. As a result, the export price reached the peak level of $X per ton, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), while the other leaders experienced more modest paces of growth.

Recovered Paper Imports

Imports in Asia

For the fourth consecutive year, Asia recorded decline in overseas purchases of recovered paper, which decreased by -10% to X tons in 2022. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2015 when imports increased by 3.1% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, recovered paper imports reduced to $X in 2022. Overall, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons), distantly followed by Vietnam (X tons), Indonesia (X tons), Thailand (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons) and Turkey (X tons) were the key importers of recovered paper, together mixing up 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of +38.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest recovered paper importing markets in Asia were India ($X), Indonesia ($X) and Vietnam ($X), together accounting for 64% of total imports. Thailand, Turkey, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 25%.

Turkey, with a CAGR of +41.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Asia stood at $X per ton in 2022, surging by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 47%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Indonesia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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