Indonesia: Filter Paper Market 2024

Filter Paper Market Size in Indonesia

After three years of growth, the Indonesian filter paper market decreased by -6.2% to $X in 2021. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Filter Paper Production in Indonesia

In value terms, filter paper production contracted to $X in 2021 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +19.8% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 28%. As a result, production attained the peak level of $X, and then shrank in the following year.

Filter Paper Exports

Exports from Indonesia

In 2021, filter paper exports from Indonesia reached X tons, remaining stable against the year before. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 2,727%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, filter paper exports skyrocketed to $X in 2021. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 1,881% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Nigeria (X tons) and Cote d'Ivoire (X tons) were the main destinations of filter paper exports from Indonesia, with a combined 80% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +134.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for filter paper exported from Indonesia were Nigeria ($X), China ($X) and South Africa ($X), together accounting for 45% of total exports. These countries were followed by Cote d'Ivoire, Singapore and Fiji, which together accounted for a further 9.5%.

Singapore, with a CAGR of +79.3%, recorded the highest growth rate of the value of exports, in terms of 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

The average filter paper export price stood at $X per ton in 2021, jumping by 37% against the previous year. Overall, the export price continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 86% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Paper Imports

Imports into Indonesia

Filter paper imports into Indonesia soared to X tons in 2021, with an increase of 23% against the previous year. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 30% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, filter paper imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of filter paper imports to Indonesia, together accounting for 59% of total imports. These countries were followed by Vietnam, Spain, South Korea, Japan, Singapore, Hong Kong SAR and India, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +35.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and Germany ($X) appeared to be the largest filter paper suppliers to Indonesia, with a combined 53% share of total imports. These countries were followed by South Korea, Spain, Japan, Vietnam, Hong Kong SAR, Singapore and India, which together accounted for a further 24%.

Spain, with a CAGR of +39.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average filter paper import price stood at $X per ton in 2021, approximately reflecting the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, filter paper import price increased by +25.4% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 55%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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