China: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in China

The Chinese paper and paperboard market reached $X in 2022, remaining stable against the previous year. Over the period under review, consumption saw a buoyant increase. Paper and paperboard consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Paper And Paperboard Production in China

In value terms, paper and paperboard production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 65%. Paper and paperboard production peaked at $X in 2020; afterwards, it flattened through to 2022.

Paper And Paperboard Exports

Exports from China

In 2022, paper and paperboard exports from China totaled X tons, picking up by 6.5% on the year before. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.2% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 45%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports stood at $X in 2022. Overall, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 55% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for paper and paperboard exports from China, accounting for a 18% share of total exports. Moreover, paper and paperboard exports to Italy exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by Vietnam (X tons), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy amounted to +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.2% per year) and Vietnam (+16.3% per year).

In value terms, Italy ($X), the United States ($X) and Mexico ($X) appeared to be the largest markets for paper and paperboard exported from China worldwide, together accounting for 28% of total exports. Vietnam, India, Nigeria, Brazil, Peru, Thailand, Argentina, Greece and Cambodia lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Nigeria, with a CAGR of +60.7%, 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

In 2022, the average paper and paperboard export price amounted to $X per ton, increasing by 2.3% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 20%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into China

In 2022, approx. X tons of paper and paperboard (creped, crinkled, embossed or perforated) were imported into China; shrinking by -17.9% on the previous year's figure. Overall, imports recorded a slight slump. The pace of growth was the most pronounced in 2018 when imports increased by 16% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, paper and paperboard imports declined modestly to $X in 2022. The total import value increased at an average annual rate of +1.8% 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 when imports increased by 20%. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

The UK (X tons), Switzerland (X tons) and the United States (X tons) were the main suppliers of paper and paperboard imports to China, together accounting for 59% of total imports. South Korea, France, Indonesia, Sweden, Italy and Finland lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +14.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper and paperboard suppliers to China were Switzerland ($X), the United States ($X) and the UK ($X), with a combined 64% share of total imports. South Korea, France, Sweden, Italy, Indonesia and Finland lagged somewhat behind, together accounting for a further 26%.

Sweden, with a CAGR of +15.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, picking up by 21% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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