Eastern Asia: Tissue Paper Market 2024

Tissue Paper Market Size in Eastern Asia

The East Asian tissue paper market reached $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Tissue Paper Production in Eastern Asia

In value terms, tissue paper production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 15%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Tissue Paper Exports

Exports in Eastern Asia

In 2022, approx. X tons of toilet or facial tissue stock, towel and similar paper were exported in Eastern Asia; rising by 46% on the year before. Total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.9% against 2020 indices. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, tissue paper exports skyrocketed to $X in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 62% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, amounting to X tons, which was near 84% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), constituting a 7% share of total exports. The following exporters - Japan (X tons) and South Korea (X tons) - each finished at an 8.5% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to tissue paper exports from China stood at +3.0%. At the same time, South Korea (+7.7%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +7.7% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-2.6%) illustrated a downward trend over the same period. While the share of China (+4.7 p.p.) and South Korea (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (-4.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tissue paper supplier in Eastern Asia, comprising 82% of total exports. The second position in the ranking was taken by Japan ($X), with a 6.3% share of total exports. It was followed by South Korea, with a 5.8% share.

In China, tissue paper exports increased at an average annual rate of +6.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-3.8% per year) and South Korea (+6.4% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, shrinking by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2013 when the export price increased by 20%. Over the period under review, the export prices reached the peak figure 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 origin: amid the top suppliers, 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 China (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Tissue Paper Imports

Imports in Eastern Asia

In 2022, purchases abroad of toilet or facial tissue stock, towel and similar paper decreased by -7.6% to X tons, falling for the second year in a row after nine years of growth. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 35%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tissue paper imports amounted to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

South Korea (X tons) and Taiwan (Chinese) (X tons) represented the major importers of toilet or facial tissue stock, towel and similar paper in 2022, reaching approx. 46% and 32% of total imports, respectively. China (X tons) held the next position in the ranking, followed by Japan (X tons). All these countries together held near 20% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +21.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Taiwan (Chinese) ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, together comprising 87% of total imports.

South Korea, with a CAGR of +19.4%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by 9% against the previous year. In general, the import price, however, recorded a slight reduction. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Hong Kong SAR (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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