China: Paper Hand Towels Market 2024

Paper Hand Towels Market Size in China

The Chinese paper hand towels market dropped slightly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a buoyant increase. Paper hand towels consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Paper Hand Towels Production in China

In value terms, paper hand towels production dropped modestly to $X in 2022 estimated in export price. Overall, production posted a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Paper hand towels production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Paper Hand Towels Exports

Exports from China

In 2022, shipments abroad of paper hand towels increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, paper hand towels exports soared to $X in 2022. In general, exports saw prominent growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X tons), Hong Kong SAR (X tons) and the United States (X tons) were the main destinations of paper hand towels exports from China, together accounting for X% of total exports. Thailand, Australia, the Philippines, Malaysia, Myanmar, Macao SAR and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Japan ($X) and Hong Kong SAR ($X) were the largest markets for paper hand towels exported from China worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to 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 average paper hand towels export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Japan ($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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Hand Towels Imports

Imports into China

For the third year in a row, China recorded decline in purchases abroad of paper hand towels, which decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, paper hand towels imports shrank dramatically to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X tons) constituted the largest paper hand towels supplier to China, accounting for a X% share of total imports. Moreover, paper hand towels imports from South Korea exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. The third position in this ranking was held by Japan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Japan (X% per year).

In value terms, South Korea ($X), Japan ($X) and the United States ($X) were the largest paper hand towels suppliers to China, together comprising X% of total imports.

South Korea, with a CAGR of X%, 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 hand towels import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper hand towels import price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Japan ($X per ton), while the price for South Korea ($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 United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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