Pakistan: Recovered Paper Market 2025

Recovered Paper Market Size in Pakistan

In 2022, the Pakistani recovered paper market increased by 0.3% to $X, rising for the fifth consecutive year after two years of decline. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.6% against 2017 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Recovered Paper Production in Pakistan

In value terms, recovered paper production dropped to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Recovered Paper Exports

Exports from Pakistan

In 2022, overseas shipments of recovered paper were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by 398% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, recovered paper exports soared to $X in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 375%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) was the main destination for recovered paper exports from Pakistan, accounting for a 64% share of total exports. Moreover, recovered paper exports to the Philippines exceeded the volume sent to the second major destination, Afghanistan (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to the Philippines amounted to +35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-4.0% per year) and the United Arab Emirates (+41.5% per year).

In value terms, the Philippines ($X) remains the key foreign market for recovered paper exports from Pakistan, comprising 73% of total exports. The second position in the ranking was held by Afghanistan ($X), with a 21% share of total exports. It was followed by the United Arab Emirates, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value to the Philippines amounted to +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-1.1% per year) and the United Arab Emirates (+15.8% per year).

Export Prices by Country

In 2022, the average recovered paper export price amounted to $X per ton, which is down by -4.4% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, recovered paper export price decreased by -33.6% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 79%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($X per ton), while the average price for exports to Senegal ($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 China (+112.5%), while the prices for the other major destinations experienced mixed trend patterns.

Recovered Paper Imports

Imports into Pakistan

In 2022, supplies from abroad of recovered paper decreased by -34.2% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 91%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, recovered paper imports shrank to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

The United States (X tons), South Korea (X tons) and the Netherlands (X tons) were the main suppliers of recovered paper imports to Pakistan, with a combined 47% share of total imports. The UK, Greece, the United Arab Emirates, Saudi Arabia, Belgium, Germany, New Zealand, Italy, Spain and Australia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +23.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and South Korea ($X) were the largest recovered paper suppliers to Pakistan, together comprising 47% of total imports. Greece, the UK, the United Arab Emirates, Belgium, Italy, Germany, Saudi Arabia, Spain, Australia and New Zealand lagged somewhat behind, together comprising a further 37%.

Greece, with a CAGR of +31.3%, saw 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 recovered paper import price stood at $X per ton in 2022, increasing by 41% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, recovered paper import price increased by +118.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 55% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Greece ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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