Eastern Asia: Playing Cards Market 2024

Playing Cards Market Size in Eastern Asia

The East Asian playing cards market rose modestly to $X in 2022, with an increase of 3.1% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Playing Cards Production in Eastern Asia

In value terms, playing cards production surged to $X in 2022 estimated in export price. In general, production showed a strong increase. The growth pace was the most rapid in 2020 when the production volume increased by 95%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Playing Cards Exports

Exports in Eastern Asia

In 2022, approx. X tons of playing cards were exported in Eastern Asia; rising by 25% compared with the year before. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, playing cards exports surged to $X in 2022. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

China was the key exporting country with an export of about X tons, which resulted at 80% of total exports. It was distantly followed by Japan (X tons) and Taiwan (Chinese) (X tons), together comprising a 19% share of total exports.

China was also the fastest-growing in terms of the playing cards exports, with a CAGR of +15.7% from 2012 to 2022. At the same time, Taiwan (Chinese) (+1.5%) displayed positive paces of growth. By contrast, Japan (-5.2%) illustrated a downward trend over the same period. China (+41 p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) and Japan saw its share reduced by -3.7% and -36% from 2012 to 2022, respectively.

In value terms, the largest playing cards supplying countries in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together comprising 98% of total exports.

Japan, with a CAGR of +8.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, which is down by -1.6% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.2%), while the other leaders experienced mixed trends in the export price figures.

Playing Cards Imports

Imports in Eastern Asia

Playing cards imports contracted significantly to X tons in 2022, reducing by -28% against the previous year. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 317%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, playing cards imports contracted to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 191% against the previous year. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Macao SAR was the main importing country with an import of about X tons, which amounted to 44% of total imports. It was distantly followed by Japan (X tons), China (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons), together making up a 54% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

Imports into Macao SAR decreased at an average annual rate of -9.4% from 2012 to 2022. At the same time, China (+9.3%), Taiwan (Chinese) (+7.3%), Japan (+1.6%) and South Korea (+1.6%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +9.3% from 2012-2022. By contrast, Hong Kong SAR (-17.4%) illustrated a downward trend over the same period. Japan (+10 p.p.), China (+9.3 p.p.), Taiwan (Chinese) (+7.8 p.p.) and South Korea (+5 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Macao SAR saw its share reduced by -5.6% and -26.5% from 2012 to 2022, respectively.

In value terms, Japan ($X), Macao SAR ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, together accounting for 68% of total imports. China, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together comprising a further 32%.

Among the main importing countries, China, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by 19% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, playing cards import price increased by +23.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by 47% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 South Korea ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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