Singapore: Paper And Paperboard Market 2025

Paper And Paperboard Market Size in Singapore

In 2022, the Singaporean paper and paperboard market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a slight contraction. The growth pace was the most rapid in 2021 when the market value increased by X% against the previous year. Paper and paperboard consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Paper And Paperboard Production in Singapore

In value terms, paper and paperboard production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Paper And Paperboard Exports

Exports from Singapore

In 2022, overseas shipments of paper and paperboard decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper and paperboard exports contracted dramatically to $X in 2022. In general, exports recorded a perceptible reduction. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Philippines (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of paper and paperboard exports from Singapore, with a combined X% share of total exports. Thailand, Cambodia, India, the United Arab Emirates, Malaysia, Australia, New Zealand, Taiwan (Chinese), Nigeria and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the Philippines ($X) and Indonesia ($X) were the largest markets for paper and paperboard exported from Singapore worldwide, together accounting for X% of total exports. Vietnam, Cambodia, Malaysia, India, Australia, New Zealand, the United Arab Emirates, Taiwan (Chinese), Nigeria and China lagged somewhat behind, together accounting for a further X%.

Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 paper and paperboard export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the United Arab Emirates ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Singapore

In 2022, overseas purchases of paper and paperboard decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, paper and paperboard imports declined sharply to $X in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of paper and paperboard imports to Singapore, with a combined X% share of total imports. Sweden, Thailand, Brazil, Australia, South Korea, Japan, Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Indonesia ($X) and Malaysia ($X) constituted the largest paper and paperboard suppliers to Singapore, together accounting for X% of total imports. Sweden, Japan, Brazil, Thailand, South Korea, Taiwan (Chinese), the United States and Australia lagged somewhat behind, together comprising a further X%.

Australia, with a CAGR of X%, 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

In 2022, the average paper and paperboard import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 the United States ($X per ton), while the price for Australia ($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) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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