Malaysia: Filter Paper Market 2024

Filter Paper Market Size in Malaysia

The Malaysian filter paper market soared to $X in 2021, jumping by 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a strong increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Filter Paper Exports

Exports from Malaysia

In 2021, approx. X tons of filter paper and paperboard cut to shape were exported from Malaysia; with a decrease of -10.3% compared with 2020. In general, exports saw a significant decrease. The pace of growth was the most pronounced in 2015 when exports increased by 120% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, filter paper exports reduced to $X in 2021. Over the period under review, exports saw a precipitous contraction. The growth pace was the most rapid in 2015 with an increase of 122%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Singapore (X tons), Thailand (X tons) and the United States (X tons) were the main destinations of filter paper exports from Malaysia, together comprising 60% of total exports. These countries were followed by India, Vietnam, Qatar, Germany, Sweden, Myanmar, Indonesia and Hungary, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +23.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Thailand ($X) and India ($X) were the largest markets for filter paper exported from Malaysia worldwide, together comprising 52% of total exports. The United States, Germany, Vietnam, Qatar, Indonesia, Sweden, Myanmar and Hungary lagged somewhat behind, together comprising a further 22%.

The United States, with a CAGR of +6.1%, recorded 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

The average filter paper export price stood at $X per ton in 2021, waning by -4.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 40% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Myanmar ($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 Hungary (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.

Filter Paper Imports

Imports into Malaysia

In 2021, supplies from abroad of filter paper and paperboard cut to shape was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 83% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, filter paper imports soared to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 116%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Japan (X tons) and the UK (X tons) were the main suppliers of filter paper imports to Malaysia, together accounting for 75% of total imports. These countries were followed by Indonesia, Sweden, South Korea, France, Singapore and the United States, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +20.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest filter paper suppliers to Malaysia were Japan ($X), China ($X) and Sweden ($X), together comprising 72% of total imports. These countries were followed by France, the UK, Singapore, South Korea, the United States and Indonesia, which together accounted for a further 23%.

Indonesia, with a CAGR of +9.6%, recorded the highest growth rate of the value of imports, among 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, reducing by -6.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 18%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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