Southern Asia: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Southern Asia

The South Asian other papers packaging market rose modestly to $X in 2022, growing by 4.4% against the previous year. The total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.5% 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 +17.3% against 2019 indices. The level of consumption peaked in 2022 and is likely to continue growth in years to come.

Other Papers Packaging Production in Southern Asia

In value terms, other papers packaging production totaled $X in 2022 estimated in export price. In general, production, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 274% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Other Papers Packaging Exports

Exports in Southern Asia

In 2022, shipments abroad of other papers packaging decreased by -77.1% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 429%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined dramatically in the following year.

In value terms, other papers packaging exports shrank dramatically to $X in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 248% against the previous year. As a result, the exports reached the peak of $X, and then fell dramatically in the following year.

Exports by Country

India dominates exports structure, amounting to X tons, which was approx. 97% of total exports in 2022. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to other papers packaging exports from India stood at +37.7%. At the same time, Pakistan (+144.5%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +144.5% from 2012-2022. While the share of Pakistan (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-2.8 p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest other papers packaging supplier in Southern Asia, comprising 93% of total exports. The second position in the ranking was held by Pakistan ($X), with a 7.2% share of total exports.

In India, other papers packaging exports increased at an average annual rate of +25.5% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+22.7%).

Other Papers Packaging Imports

Imports in Southern Asia

In 2022, imports of other papers packaging in Southern Asia dropped to X tons, waning by -13.8% compared with 2021 figures. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 60%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, other papers packaging imports stood at $X in 2022. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X tons) was the main importer of other papers packaging, constituting 48% of total imports. Pakistan (X tons) held the second position in the ranking, distantly followed by Bangladesh (X tons) and Sri Lanka (X tons). All these countries together held near 50% share of total imports. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +31.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other papers packaging importing markets in Southern Asia were India ($X), Bangladesh ($X) and Pakistan ($X), with a combined 93% share of total imports.

Bangladesh, with a CAGR of +43.7%, saw the highest growth rate of the value of imports, in terms of 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 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 18% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +84.4% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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