Eastern Asia: Filter Block Market 2025

Filter Block Market Size in Eastern Asia

In 2022, the East Asian filter block market increased by 59% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Filter Block Production in Eastern Asia

In value terms, filter block production rose slightly to $X in 2022 estimated in export price. In general, production saw a strong expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 555% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Filter Block Exports

Exports in Eastern Asia

In 2022, filter block exports in Eastern Asia shrank remarkably to X tons, with a decrease of -28.2% compared with 2021. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 261% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, filter block exports shrank sharply to $X in 2022. Overall, exports showed a noticeable setback. The pace of growth appeared the most rapid in 2017 with an increase of 287% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, China (X tons) represented the major exporter of filter blocks, slabs and plates of paper pulp, generating 56% of total exports. Taiwan (Chinese) (X tons) held a 32% share (based on physical terms) of total exports, which put it in second place, followed by South Korea (11%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Taiwan (Chinese) (with a CAGR of +13.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest filter block supplying countries in Eastern Asia were Taiwan (Chinese) ($X), China ($X) and South Korea ($X), with a combined 95% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of +24.5%, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, leveling off at the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2016 when the export price increased by 87% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.3%), while the other leaders experienced more modest paces of growth.

Filter Block Imports

Imports in Eastern Asia

In 2022, the amount of filter blocks, slabs and plates of paper pulp imported in Eastern Asia reduced to X tons, falling by -6.6% on the previous year. Overall, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, filter block imports fell to $X in 2022. Over the period under review, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China was the major importer of filter blocks, slabs and plates of paper pulp in Eastern Asia, with the volume of imports reaching X tons, which was near 68% of total imports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), South Korea (X tons) and Japan (X tons), together constituting a 32% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to filter block imports into China stood at -7.7%. At the same time, Japan (+18.0%) and South Korea (+10.2%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +18.0% from 2012-2022. By contrast, Taiwan (Chinese) (-3.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Japan and Taiwan (Chinese) increased by +9.3, +4.7 and +3.5 percentage points, respectively.

In value terms, China ($X) constitutes the largest market for imported filter blocks, slabs and plates of paper pulp in Eastern Asia, comprising 71% of total imports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total imports. It was followed by Taiwan (Chinese), with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value in China totaled -5.6%. In the other countries, the average annual rates were as follows: South Korea (+18.8% per year) and Taiwan (Chinese) (+0.4% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, falling by -4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 an increase of 34%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then fell in the following year.

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 Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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