China: Market for Uncoated Wood Free Printing and Writing Papers 2024

Market Size for Uncoated Wood Free Printing and Writing Papers in China

The Chinese market for uncoated wood free printing and writing papers expanded markedly to $X in 2021, increasing by 5.1% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked in 2021 and is expected to retain growth in the near future.

Production of Uncoated Wood Free Printing and Writing Papers in China

In value terms, production of uncoated wood free printing and writing papers stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 19% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Uncoated Wood Free Printing and Writing Papers

Exports from China

In 2021, exports of uncoated wood free printing and writing papers from China declined to X tons, falling by -6.4% on the previous year's figure. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 23%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of uncoated wood free printing and writing papers expanded notably to $X in 2021. Overall, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when exports increased by 20%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X tons) was the main destination for exports of uncoated wood free printing and writing papers from China, with a 27% share of total exports. Moreover, exports of uncoated wood free printing and writing papers to Japan exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. South Korea (X tons) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-3.6% per year) and South Korea (+0.7% per year).

In value terms, Japan ($X) remains the key foreign market for uncoated wood free printing and writing papers exports from China, comprising 22% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.3% share of total exports. It was followed by Malaysia, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+1.3% per year) and Malaysia (+5.0% per year).

Export Prices by Country

In 2021, the average export price for uncoated wood free printing and writing papers amounted to $X per ton, picking up by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2018 an increase of 19%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uncoated Wood Free Printing and Writing Papers

Imports into China

In 2021, the amount of uncoated wood free printing and writing papers imported into China skyrocketed to X tons, rising by 16% compared with 2020 figures. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 133%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of uncoated wood free printing and writing papers soared to $X in 2021. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2020 when imports increased by 76% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest uncoated wood free printing and writing paper supplier to China, with a 81% share of total imports. Moreover, imports of uncoated wood free printing and writing papers from Indonesia exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Indonesia amounted to +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.8% per year) and Taiwan (Chinese) (+1.0% per year).

In value terms, Indonesia ($X) constituted the largest supplier of uncoated wood free printing and writing papers to China, comprising 75% of total imports. The second position in the ranking was taken by Japan ($X), with a 6.6% share of total imports. It was followed by Taiwan (Chinese), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value from Indonesia totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-0.2% per year) and Taiwan (Chinese) (+2.6% per year).

Import Prices by Country

The average import price for uncoated wood free printing and writing papers stood at $X per ton in 2021, increasing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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