Eastern Asia: Paper File Cover Market 2024

Paper File Cover Market Size in Eastern Asia

In 2022, the East Asian paper file cover market decreased by -1.1% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Paper File Cover Production in Eastern Asia

In value terms, paper file cover production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by 19% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Paper File Cover Exports

Exports in Eastern Asia

In 2022, shipments abroad of paper binders, folders and file covers was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 31% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper file cover exports rose significantly to $X in 2022. Over the period under review, exports, however, showed a perceptible descent. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from China (X tons), together resulting at 99% of total export.

China was also the fastest-growing in terms of the paper binders, folders and file covers exports, with a CAGR of -5.2% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest paper file cover supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at -3.1%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.2% per year.

Paper File Cover Imports

Imports in Eastern Asia

In 2022, after five years of decline, there was significant growth in supplies from abroad of paper binders, folders and file covers, when their volume increased by 9.9% to X tons. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, paper file cover imports expanded markedly to $X in 2022. In general, imports, however, showed a abrupt decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan prevails in imports structure, accounting for X tons, which was near 90% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), mixing up a 4.8% share of total imports. South Korea (X tons) and China (X tons) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of -4.8% from 2012 to 2022. At the same time, South Korea (+4.2%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +4.2% from 2012-2022. China experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-11.2%) illustrated a downward trend over the same period. Japan (+2 p.p.) and South Korea (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by -4.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported paper binders, folders and file covers in Eastern Asia, comprising 88% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 4.3% share of total imports. It was followed by South Korea, with a 3.5% share.

In Japan, paper file cover imports contracted by an average annual rate of -5.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (-10.6% per year) and South Korea (+5.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, which is down by -1.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 5.7% against the previous year. Over the period under review, import prices hit record highs 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 China ($X per ton), while Hong Kong SAR ($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 (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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