Eastern Asia: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Eastern Asia

The East Asian paper tablecloths market rose remarkably to $X in 2021, growing by 7.9% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Paper Tablecloths Production in Eastern Asia

In value terms, paper tablecloths production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 23%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Paper Tablecloths Exports

Exports in Eastern Asia

In 2021, exports of paper tablecloths and serviettes in Eastern Asia rose notably to X tons, surging by 7.8% compared with the previous year. Total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -6.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, paper tablecloths exports fell modestly to $X in 2021. In general, exports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 37% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X tons) was the largest exporter of paper tablecloths and serviettes in Eastern Asia, generating 98% of total export.

China was also the fastest-growing in terms of the paper tablecloths and serviettes exports, with a CAGR of +4.9% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In China, paper tablecloths exports increased at an average annual rate of +9.2% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, falling by -10.6% against the previous year. Export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper tablecloths export price decreased by -33.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when the export price increased by 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +4.0% per year.

Paper Tablecloths Imports

Imports in Eastern Asia

In 2021, supplies from abroad of paper tablecloths and serviettes was finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by 16% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, paper tablecloths imports rose significantly to $X in 2021. Over the period under review, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Hong Kong SAR was the largest importing country with an import of around X tons, which recorded 48% of total imports. It was distantly followed by China (X tons), Japan (X tons), Macao SAR (X tons) and Taiwan (Chinese) (X tons), together mixing up a 48% share of total imports. South Korea (X tons) followed a long way behind the leaders.

Hong Kong SAR experienced a relatively flat trend pattern with regard to volume of imports of paper tablecloths and serviettes. At the same time, China (+2.0%), South Korea (+1.8%) and Macao SAR (+1.6%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +2.0% from 2012-2021. By contrast, Taiwan (Chinese) (-15.2%) and Japan (-16.1%) illustrated a downward trend over the same period. While the share of Hong Kong SAR (+17 p.p.), China (+8.6 p.p.), Macao SAR (+6.1 p.p.) and South Korea (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Taiwan (Chinese) (-8.4 p.p.) and Japan (-25 p.p.) displayed negative dynamics.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported paper tablecloths and serviettes in Eastern Asia, comprising 47% of total imports. The second position in the ranking was held by Japan ($X), with a 19% share of total imports. It was followed by China, with a 14% share.

In Hong Kong SAR, paper tablecloths imports increased at an average annual rate of +2.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-12.6% per year) and China (-1.6% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, surging by 7.1% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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