Eastern Asia: Market for Uncoated Mechanical Printing and Writing Papers 2024

Market Size for Uncoated Mechanical Printing and Writing Papers in Eastern Asia

In 2021, after four years of growth, there was significant decline in the East Asian market for uncoated mechanical printing and writing papers, when its value decreased by -5.8% to $X. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.1% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Production of Uncoated Mechanical Printing and Writing Papers in Eastern Asia

In value terms, production of uncoated mechanical printing and writing papers fell to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +92.6% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 32%. Over the period under review, production of attained the maximum level at $X in 2020, and then contracted in the following year.

Exports of Uncoated Mechanical Printing and Writing Papers

Exports in Eastern Asia

In 2021, the amount of uncoated mechanical printing and writing papers exported in Eastern Asia was estimated at X tons, approximately reflecting the previous year's figure. In general, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by 41% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of uncoated mechanical printing and writing papers reached $X in 2021. Over the period under review, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by 32% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China represented the major exporting country with an export of around X tons, which recorded 62% of total exports. South Korea (X tons) ranks second in terms of the total exports with a 16% share, followed by Japan (15%) and Taiwan (Chinese) (6.7%).

From 2012 to 2021, average annual rates of growth with regard to uncoated mechanical printing and writing papers exports from China stood at -11.3%. At the same time, Japan (+1.2%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +1.2% from 2012-2021. By contrast, South Korea (-2.6%) and Taiwan (Chinese) (-23.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Japan and South Korea increased by +10 and +9.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest uncoated mechanical printing and writing papers supplier in Eastern Asia, comprising 72% of total exports. The second position in the ranking was taken by South Korea ($X), with a 17% share of total exports. It was followed by Japan, with a 5.4% share.

In China, exports of uncoated mechanical printing and writing papers plunged by an average annual rate of -6.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-6.4% per year) and Japan (-4.6% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, remaining stable against the previous year. Export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for uncoated mechanical printing and writing papers increased by +49.9% against 2017 indices. The growth pace was the most rapid in 2018 when the export price increased by 19%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Uncoated Mechanical Printing and Writing Papers

Imports in Eastern Asia

In 2021, supplies from abroad of uncoated mechanical printing and writing papers decreased by -5.7% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 16%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of uncoated mechanical printing and writing papers stood at $X in 2021. In general, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China represented the major importing country with an import of around X tons, which reached 65% of total imports. It was distantly followed by Taiwan (Chinese) (X tons), Japan (X tons) and South Korea (X tons), together comprising a 34% share of total imports.

China was also the fastest-growing in terms of the uncoated mechanical printing and writing papers imports, with a CAGR of +15.2% from 2012 to 2021. At the same time, Taiwan (Chinese) (+7.6%) and South Korea (+2.6%) displayed positive paces of growth. By contrast, Japan (-19.8%) illustrated a downward trend over the same period. China (+45 p.p.) and Taiwan (Chinese) (+9.4 p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -52.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) were the countries with the highest levels of imports in 2021, with a combined 94% share of total imports.

Among the main importing countries, China, with a CAGR of +10.3%, saw the highest growth rate of 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 2021, jumping by 17% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Taiwan (Chinese) ($X per ton), while Japan ($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 (-2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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