Eastern Asia: Office Supply Market 2024

Office Supply Market Size in Eastern Asia

After two years of growth, the East Asian office supply market decreased by -11.2% to $X in 2022. Over the period under review, consumption recorded a slight setback. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Office Supply Production in Eastern Asia

In value terms, office supply production declined to $X in 2022 estimated in export price. In general, production continues to indicate a slight reduction. The pace of growth was the most pronounced in 2016 with an increase of 4.7%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Office Supply Exports

Exports in Eastern Asia

In 2022, approx. X tons of office or school supplies of plastics were exported in Eastern Asia; increasing by 14% against the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 57% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, office supply exports soared to $X in 2022. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. 95% of total exports in 2022. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of office or school supplies of plastics. At the same time, Taiwan (Chinese) (+2.8%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +2.8% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest office supply supplier in Eastern Asia, comprising 94% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 3% share of total exports.

In China, office supply exports increased at an average annual rate of +4.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, with an increase of 7.5% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, office supply export price increased by +50.7% against 2017 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by 41% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%).

Office Supply Imports

Imports in Eastern Asia

Office supply imports contracted modestly to X tons in 2022, flattening at the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 2.7%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, office supply imports declined slightly to $X in 2022. Overall, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 5.9% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan dominates imports structure, amounting to X tons, which was near 85% of total imports in 2022. It was distantly followed by South Korea (X tons), generating a 5.2% share of total imports. Taiwan (Chinese) (X tons), Hong Kong SAR (X tons), China (X tons) and Macao SAR (X tons) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of office or school supplies of plastics. At the same time, Macao SAR (+6.7%), South Korea (+5.0%) and Taiwan (Chinese) (+2.0%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +6.7% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-14.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan and South Korea increased by +7.8 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported office or school supplies of plastics in Eastern Asia, comprising 77% of total imports. The second position in the ranking was taken by South Korea ($X), with a 7.3% share of total imports. It was followed by China, with a 5.1% share.

In Japan, office supply imports declined by an average annual rate of -1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+4.2% per year) and China (+8.9% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, with a decrease of -2.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 5.8%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while Japan ($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 (+9.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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