Pakistan: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in Pakistan

The Pakistani paper and paperboard market rose slightly to $X in 2022, with an increase of 4% against the previous year. Over the period under review, consumption saw a prominent expansion. Paper and paperboard consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Paper And Paperboard Production in Pakistan

In value terms, paper and paperboard production reached $X in 2022 estimated in export price. In general, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 61%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Paper And Paperboard Exports

Exports from Pakistan

In 2022, the amount of paper and paperboard (creped, crinkled, embossed or perforated) exported from Pakistan rose significantly to X tons, increasing by 7.7% compared with the year before. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 3,142% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, paper and paperboard exports skyrocketed to $X in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 4,297%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tons) was the main destination for paper and paperboard exports from Pakistan, with a 89% share of total exports. Moreover, paper and paperboard exports to Saudi Arabia exceeded the volume sent to the second major destination, Zimbabwe (X tons), more than tenfold. Afghanistan (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at +66.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+120.3% per year) and Afghanistan (+19.3% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from Pakistan, comprising 96% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 1.5% share of total exports. It was followed by Afghanistan, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to +80.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+176.0% per year) and Afghanistan (+1.9% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, with an increase of 12% against the previous year. Over the period under review, the export price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 66% against the previous year. The export price peaked 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 Saudi Arabia ($X per ton), while the average price for exports to Zimbabwe ($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 Zimbabwe (+25.3%), while the prices for the other major destinations experienced mixed trend patterns.

Paper And Paperboard Imports

Imports into Pakistan

In 2022, approx. X tons of paper and paperboard (creped, crinkled, embossed or perforated) were imported into Pakistan; growing by 79% against the previous year. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2019 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, paper and paperboard imports soared to $X in 2022. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of paper and paperboard to Pakistan, accounting for a 55% share of total imports. Moreover, paper and paperboard imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), eightfold. Indonesia (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 China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.9% per year) and Indonesia (+9.9% per year).

In value terms, China ($X) constituted the largest supplier of paper and paperboard (creped, crinkled, embossed or perforated) to Pakistan, comprising 57% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 7.9% share of total imports. It was followed by the UK, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +28.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+12.9% per year) and the UK (+11.9% per year).

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, surging by 58% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard import price increased by +76.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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