India: Paper File Cover Market 2024

Paper File Cover Market Size in India

In 2022, the Indian paper file cover market decreased by -1.5% to $X, falling for the second year in a row after nine years of growth. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Paper file cover consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Paper File Cover Production in India

In value terms, paper file cover production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 17% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Paper File Cover Exports

Exports from India

In 2022, overseas shipments of paper binders, folders and file covers increased by 77% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 111%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, paper file cover exports soared to $X in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2016 when exports increased by 118%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for paper file cover exports from India, accounting for a 82% share of total exports. It was followed by Saudi Arabia (X tons), with a 2.5% share of total exports. The United Arab Emirates (X tons) ranked third in terms of total exports with a 2% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+19.8% per year) and the United Arab Emirates (+2.0% per year).

In value terms, the United States ($X) remains the key foreign market for paper binders, folders and file covers exports from India, comprising 84% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 2.3% share of total exports. It was followed by Tanzania, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +46.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+20.4% per year) and Tanzania (+12.0% per year).

Export Prices by Country

In 2022, the average paper file cover export price amounted to $X per ton, declining by -9.2% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper file cover export price decreased by -16.8% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 16% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.

Paper File Cover Imports

Imports into India

In 2022, overseas purchases of paper binders, folders and file covers were finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded strong growth. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, paper file cover imports skyrocketed to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest paper file cover supplier to India, accounting for a 85% share of total imports. Moreover, paper file cover imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by the United States (X tons), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.7% per year) and the United States (+2.7% per year).

In value terms, China ($X) constituted the largest supplier of paper binders, folders and file covers to India, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by the United States, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.9% per year) and the United States (-1.7% per year).

Import Prices by Country

The average paper file cover import price stood at $X per ton in 2022, which is down by -36.1% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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