Eastern Asia: Wrapping Papers Market 2025

Wrapping Papers Market Size in Eastern Asia

The East Asian wrapping papers market declined slightly to $X in 2021, with a decrease of -2.6% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2020, and then fell modestly in the following year.

Wrapping Papers Production in Eastern Asia

In value terms, wrapping papers production shrank modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 47% against the previous year. The level of production peaked at $X in 2020, and then fell modestly in the following year.

Wrapping Papers Exports

Exports in Eastern Asia

In 2021, the amount of wrapping paper, packaging paper and paperboard exported in Eastern Asia reached X tons, surging by 7.8% against 2020 figures. The total export volume increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 23%. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, wrapping papers exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Japan (X tons) and China (X tons) represented the key exporters of wrapping paper, packaging paper and paperboard in Eastern Asia, together creating 65% of total exports. Taiwan (Chinese) (X tons) ranks next in terms of the total exports with a 20% share, followed by South Korea (15%).

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +7.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2021, together comprising 88% of total exports. These countries were followed by South Korea, which accounted for a further 10%.

In terms of the main exporting countries, South Korea, with a CAGR of +8.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, with an increase of 5.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 7.7% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while South Korea ($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 (+1.9%), while the other leaders experienced more modest paces of growth.

Wrapping Papers Imports

Imports in Eastern Asia

In 2021, the amount of wrapping paper, packaging paper and paperboard imported in Eastern Asia stood at X tons, increasing by 3.4% compared with the previous year. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, wrapping papers imports soared to $X in 2021. Total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +7.9% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China was the largest importing country with an import of around X tons, which finished at 73% of total imports. South Korea (X tons) held the second position in the ranking, followed by Taiwan (Chinese) (X tons). All these countries together took approx. 23% share of total imports. The following importers - Hong Kong SAR (X tons) and Japan (X tons) - each recorded a 4.5% share of total imports.

China was also the fastest-growing in terms of the wrapping paper, packaging paper and paperboard imports, with a CAGR of +10.5% from 2012 to 2021. At the same time, South Korea (+3.1%), Japan (+1.6%) and Hong Kong SAR (+1.5%) displayed positive paces of growth. Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2021, the share of China increased by +17 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported wrapping paper, packaging paper and paperboard in Eastern Asia, comprising 64% of total imports. The second position in the ranking was held by South Korea ($X), with an 18% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

In China, wrapping papers imports increased at an average annual rate of +6.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+2.0% per year) and Taiwan (Chinese) (-0.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, picking up by 13% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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