Pakistan: Newsprint Market 2024

Newsprint Market Size in Pakistan

In 2022, the Pakistani newsprint market decreased by -25% to $X, falling for the fifth consecutive year after two years of growth. In general, consumption showed a deep contraction. Newsprint consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Newsprint Exports

Exports from Pakistan

In 2022, after three years of decline, there was significant growth in shipments abroad of newsprint, when their volume increased by 117% to X tons. Over the period under review, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 239%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, newsprint exports surged to $X in 2022. In general, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 229%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for newsprint exports from Pakistan, accounting for a 65% share of total exports. Moreover, newsprint exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sweden (X tons), fourfold. The third position in this ranking was held by Zimbabwe (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +63.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-4.4% per year) and Zimbabwe (-47.6% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for newsprint exports from Pakistan, comprising 67% of total exports. The second position in the ranking was taken by Sweden ($X), with a 14% share of total exports. It was followed by Zimbabwe, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-9.6% per year) and Zimbabwe (-35.7% per year).

Export Prices by Country

The average newsprint export price stood at $X per ton in 2022, waning by -24.9% against the previous year. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of 48%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Zimbabwe ($X per ton) and the United Arab Emirates ($X per ton), while the average price for exports to Sweden ($X per ton) and Afghanistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+133.1%), while the prices for the other major destinations experienced mixed trend patterns.

Newsprint Imports

Imports into Pakistan

In 2022, purchases abroad of newsprint decreased by -42.4% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 29%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, newsprint imports declined sharply to $X in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of newsprint to Pakistan, with a 46% share of total imports. Moreover, newsprint imports from Russia exceeded the figures recorded by the second-largest supplier, Canada (X tons), twofold. Sweden (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+1.0% per year) and Sweden (-10.9% per year).

In value terms, Russia ($X), Canada ($X) and Sweden ($X) were the largest newsprint suppliers to Pakistan, with a combined 84% share of total imports. Australia, China, Lithuania, the UK and the United States lagged somewhat behind, together comprising a further 7.3%.

Australia, with a CAGR of +27.9%, 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

In 2022, the average newsprint import price amounted to $X per ton, surging by 42% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. 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 Canada ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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