South-Eastern Asia: Uncoated Filter Paper Market 2024

Uncoated Filter Paper Market Size in South-Eastern Asia

The Southeast Asian uncoated filter paper market declined to $X in 2022, shrinking by -7.1% against the previous year. Overall, consumption recorded a mild slump. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Uncoated Filter Paper Production in South-Eastern Asia

In value terms, uncoated filter paper production contracted slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 16%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Uncoated Filter Paper Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of uncoated filter paper and paperboard were exported in South-Eastern Asia; with a decrease of -58.7% on 2021. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 123% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, uncoated filter paper exports fell to $X in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia represented the major exporter of uncoated filter paper and paperboard in South-Eastern Asia, with the volume of exports recording X tons, which was approx. 55% of total exports in 2022. Singapore (X tons) ranks second in terms of the total exports with a 24% share, followed by Thailand (9.6%) and the Philippines (7.3%). The following exporters - Vietnam (X tons) and Malaysia (X tons) - each finished at a 4.2% share of total exports.

Indonesia experienced a relatively flat trend pattern with regard to volume of exports of uncoated filter paper and paperboard. At the same time, Thailand (+13.5%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +13.5% from 2012-2022. By contrast, Vietnam (-4.1%), Malaysia (-19.9%), Singapore (-20.8%) and the Philippines (-22.5%) illustrated a downward trend over the same period. Indonesia (+42 p.p.) and Thailand (+9 p.p.) significantly strengthened its position in terms of the total exports, while Malaysia, the Philippines and Singapore saw its share reduced by -2.2%, -15.1% and -35.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest uncoated filter paper supplying countries in South-Eastern Asia were Singapore ($X), Indonesia ($X) and Thailand ($X), together comprising 94% of total exports.

Thailand, with a CAGR of +9.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, rising by 128% against the previous year. Over the period under review, the export price recorded a buoyant increase. 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+19.2%), while the other leaders experienced more modest paces of growth.

Uncoated Filter Paper Imports

Imports in South-Eastern Asia

In 2022, the amount of uncoated filter paper and paperboard imported in South-Eastern Asia dropped notably to X tons, which is down by -35.3% against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of X tons, and then fell markedly in the following year.

In value terms, uncoated filter paper imports declined sharply to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

Indonesia represented the largest importer of uncoated filter paper and paperboard in South-Eastern Asia, with the volume of imports amounting to X tons, which was near 54% of total imports in 2022. Malaysia (X tons) ranks second in terms of the total imports with a 13% share, followed by Singapore (7.5%), the Philippines (7.5%), Vietnam (7.3%) and Cambodia (5.5%). Thailand (X tons) took a little share of total imports.

Indonesia experienced a relatively flat trend pattern with regard to volume of imports of uncoated filter paper and paperboard. At the same time, Cambodia (+31.8%), Singapore (+11.8%), Vietnam (+8.2%) and the Philippines (+3.2%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +31.8% from 2012-2022. By contrast, Malaysia (-2.2%) and Thailand (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Cambodia, Singapore, Vietnam and the Philippines increased by +5.1, +5, +3.9 and +1.9 percentage points, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported uncoated filter paper and paperboard in South-Eastern Asia, comprising 53% of total imports. The second position in the ranking was held by Malaysia ($X), with an 11% share of total imports. It was followed by the Philippines, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (-2.2% per year) and the Philippines (+5.1% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, rising by 26% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. 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 destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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