India: Recovered Paper Market 2025

Recovered Paper Market Size in India

In 2022, the Indian recovered paper market increased by 6.3% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a strong expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Recovered Paper Production in India

In value terms, recovered paper production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 585%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Recovered Paper Exports

Exports from India

Recovered paper exports from India declined sharply to X tons in 2022, with a decrease of -94.7% compared with 2021 figures. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 2,009% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, recovered paper exports dropped rapidly to $X in 2022. In general, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 1,537% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nepal (X tons), the United States (X tons) and Sri Lanka (X tons) were the main destinations of recovered paper exports from India, with a combined 71% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of +105.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for recovered paper exported from India were the United States ($X), Maldives ($X) and Sri Lanka ($X), together accounting for 60% of total exports. Bhutan, Mauritius and Nepal lagged somewhat behind, together comprising a further 40%.

Nepal, with a CAGR of +58.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average recovered paper export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 221%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Nepal ($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 Saudi Arabia (+31.0%), while the prices for the other major destinations experienced mixed trend patterns.

Recovered Paper Imports

Imports into India

In 2022, approx. X tons of recovered paper were imported into India; falling by -4.9% compared with the previous year. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 95%. Imports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, recovered paper imports reached $X in 2022. Overall, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 86%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest recovered paper supplier to India, with a 38% share of total imports. Moreover, recovered paper imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+17.3% per year) and the United Arab Emirates (+8.7% per year).

In value terms, the United States ($X) constituted the largest supplier of recovered paper to India, comprising 39% of total imports. The second position in the ranking was held by the UK ($X), with a 13% share of total imports. It was followed by the United Arab Emirates, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+19.8% per year) and the United Arab Emirates (+14.6% per year).

Import Prices by Country

The average recovered paper import price stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sri Lanka ($X per ton) and South Africa ($X per ton), while the price for Italy ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :