Southern Asia: Market for Paper Trays, Dishes, Plates And Cups 2024

Market Size for Paper Trays, Dishes, Plates And Cups in Southern Asia

In 2021, after nine years of growth, there was decline in the South Asian paper dishes and cups market, when its value decreased by -4.2% to $X. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +75.5% against 2012 indices. Over the period under review, the market reached the peak level at $X in 2020, and then declined modestly in the following year.

Production of Paper Trays, Dishes, Plates And Cups in Southern Asia

In value terms, paper dishes and cups production shrank to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +80.2% against 2013 indices. The most prominent rate of growth was recorded in 2016 with an increase of 13%. The level of production peaked at $X in 2020, and then fell slightly in the following year.

Exports of Paper Trays, Dishes, Plates And Cups

Exports in Southern Asia

Paper dishes and cups exports soared to X tons in 2021, rising by 191% on 2020 figures. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper dishes and cups exports soared to $X in 2021. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of paper trays, dishes, plates and cups, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the paper trays, dishes, plates and cups exports, with a CAGR of +28.7% from 2012 to 2021. India (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest paper dishes and cups supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +29.5%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, with an increase of 7.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 13%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +0.6% per year.

Imports of Paper Trays, Dishes, Plates And Cups

Imports in Southern Asia

In 2021, approx. X tons of paper trays, dishes, plates and cups were imported in Southern Asia; with an increase of 21% against the previous year's figure. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2016 when imports increased by 56% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, paper dishes and cups imports surged to $X in 2021. In general, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of 53%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Pakistan (X tons), India (X tons), Nepal (X tons) and Bangladesh (X tons) represented roughly 86% of total imports in 2021. It was distantly followed by Maldives (X tons), generating an 8.8% share of total imports. Sri Lanka (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nepal (with a CAGR of +41.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported paper trays, dishes, plates and cups in Southern Asia, comprising 40% of total imports. The second position in the ranking was held by Pakistan ($X), with a 19% share of total imports. It was followed by Bangladesh, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +11.3%. In the other countries, the average annual rates were as follows: Pakistan (+18.8% per year) and Bangladesh (+22.7% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, falling by -4.6% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the import price increased by 12% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :