Japan: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Japan

In 2022, after three years of decline, there was growth in the Japanese other papers packaging market, when its value increased by 4.4% to $X. In general, consumption, however, continues to indicate a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Other Papers Packaging Production in Japan

In value terms, other papers packaging production contracted modestly to $X in 2022 estimated in export price. Overall, production recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 7%. Other papers packaging production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Other Papers Packaging Exports

Exports from Japan

In 2022, after three years of growth, there was significant decline in overseas shipments of other papers packaging, when their volume decreased by -9.1% to X tons. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 53%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, other papers packaging exports fell to $X in 2022. In general, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

South Korea (X tons) was the main destination for other papers packaging exports from Japan, with a 68% share of total exports. Moreover, other papers packaging exports to South Korea exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), sixfold. The third position in this ranking was taken by Vietnam (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+37.5% per year) and Vietnam (+3.5% per year).

In value terms, South Korea ($X) remains the key foreign market for other papers packaging exports from Japan, comprising 67% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an 11% share of total exports. It was followed by Vietnam, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+38.6% per year) and Vietnam (-1.0% per year).

Export Prices by Country

The average other papers packaging export price stood at $X per ton in 2022, rising by 2.8% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 4.3% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Hong Kong SAR ($X per ton), while the average price for exports to Vietnam ($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 Taiwan (Chinese) (+0.8%), while the prices for the other major destinations experienced a decline.

Other Papers Packaging Imports

Imports into Japan

In 2022, purchases abroad of other papers packaging increased by 54% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, other papers packaging imports skyrocketed to $X in 2022. In general, imports saw a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main supplier of other papers packaging to Japan, with a 95% share of total imports. It was followed by South Korea (X tons), with a 1.9% share of total imports. China (X tons) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-5.7% per year) and China (-12.1% per year).

In value terms, the United States ($X) constituted the largest supplier of other papers packaging to Japan, comprising 96% of total imports. The second position in the ranking was taken by China ($X), with a 1.1% share of total imports. It was followed by South Korea, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.4% per year) and South Korea (-8.9% per year).

Import Prices by Country

In 2022, the average other papers packaging import price amounted to $X per ton, picking up by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 5.9% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

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 States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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