India: Newspaper Market 2024

Newspaper Market Size in India

The Indian newspaper market contracted modestly to $X in 2022, waning by -3.3% against the previous year. In general, consumption saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 7.1%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Newspaper Production in India

In value terms, newspaper production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the production volume increased by 4.8% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Newspaper Exports

Exports from India

In 2022, overseas shipments of newspapers, journals and periodicals increased by 30% to X units for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, saw a sharp downturn. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, newspaper exports surged to $X in 2022. In general, exports, however, showed a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Kuwait (X units) and the UK (X units) were the main destinations of newspaper exports from India, together comprising 41% of total exports. Bangladesh, Australia, the United Arab Emirates, Germany, France, Nepal, Qatar, Kenya, Brazil and Oman lagged somewhat behind, together comprising a further 45%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +80.9%), while the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for newspapers, journals and periodicals exports from India, comprising 26% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.4% share of total exports. It was followed by the UK, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-19.9% per year) and the UK (-15.7% per year).

Export Prices by Country

In 2022, the average newspaper export price amounted to $X per unit, growing by 12% against the previous year. Overall, the export price recorded a remarkable increase. The growth pace was the most rapid in 2020 an increase of 47% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Kuwait (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Newspaper Imports

Imports into India

Newspaper imports into India reduced modestly to X units in 2022, which is down by -4% against 2021 figures. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2015 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, newspaper imports expanded sharply to $X in 2022. Overall, imports showed a pronounced decline. The pace of growth was the most pronounced in 2019 when imports increased by 35%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X units), the UK (X units) and Singapore (X units) were the main suppliers of newspaper imports to India, together comprising 95% of total imports. Canada and the United Arab Emirates lagged somewhat behind, together comprising a further 2.1%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +38.9%), while imports for the other leaders experienced a decline.

In value terms, the largest newspaper suppliers to India were the UK ($X), Singapore ($X) and the United States ($X), together comprising 94% of total imports. Canada and the United Arab Emirates lagged somewhat behind, together comprising a further 1.9%.

Among the main suppliers, Canada, with a CAGR of +48.1%, saw 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 average newspaper import price stood at $X per unit in 2022, surging by 16% against the previous year. Overall, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 129%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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