South-Eastern Asia: Wrapping Papers Market 2025

Wrapping Papers Market Size in South-Eastern Asia

The Southeast Asian wrapping papers market soared to $X in 2021, picking up by 18% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Wrapping Papers Production in South-Eastern Asia

In value terms, wrapping papers production rose notably to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -37.1% against 2017 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 83%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Wrapping Papers Exports

Exports in South-Eastern Asia

In 2021, the amount of wrapping paper, packaging paper and paperboard exported in South-Eastern Asia rose modestly to X tons, with an increase of 4.7% against 2020. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, wrapping papers exports surged to $X in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 32%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

In 2021, Indonesia (X tons), Thailand (X tons), Malaysia (X tons) and Vietnam (X tons) was the main exporter of wrapping paper, packaging paper and paperboard in South-Eastern Asia, mixing up 96% of total export. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +29.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers supplying countries in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Vietnam ($X), with a combined 77% share of total exports.

Vietnam, with a CAGR of +27.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, picking up by 10% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Wrapping Papers Imports

Imports in South-Eastern Asia

In 2021, the amount of wrapping paper, packaging paper and paperboard imported in South-Eastern Asia expanded markedly to X tons, picking up by 9.3% on the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 11%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, wrapping papers imports surged to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Vietnam (X tons), Indonesia (X tons), Malaysia (X tons) and Thailand (X tons) represented the major importer of wrapping paper, packaging paper and paperboard in South-Eastern Asia, comprising 80% of total import. Singapore (X tons) ranks next in terms of the total imports with an 8.2% share, followed by the Philippines (4.7%). Cambodia (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +11.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Malaysia ($X), with a combined 64% share of total imports. Thailand, Singapore, the Philippines and Cambodia lagged somewhat behind, together accounting for a further 35%.

Cambodia, with a CAGR of +15.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per ton, surging by 12% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 17%. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the Philippines ($X per ton) and Singapore ($X per ton), while Cambodia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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