Southern Asia: Photographic Paper Market 2025

Photographic Paper Market Size in Southern Asia

For the third consecutive year, the South Asian photographic paper market recorded decline in sales value, which decreased by -8.1% to $X in 2021. In general, consumption showed a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Photographic Paper Production in Southern Asia

In value terms, photographic paper production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 382%. Over the period under review, production attained the peak level at $X in 2020, and then dropped dramatically in the following year.

Photographic Paper Exports

Exports in Southern Asia

Photographic paper exports soared to X square meters in 2021, growing by 16% against the previous year. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of 193%. The volume of export peaked at X square meters in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports expanded significantly to $X in 2021. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 400%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

India (X square meters) represented roughly 99% of total exports in 2021.

India was also the fastest-growing in terms of the photographic paper, paperboard and textiles exports, with a CAGR of -6.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

In India, photographic paper exports contracted by an average annual rate of -9.1% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per square meter in 2021, waning by -5.1% against the previous year. In general, the export price recorded a pronounced downturn. The growth pace was the most rapid in 2018 an increase of 71% against the previous year. Over the period under review, the export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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 -2.7% per year.

Photographic Paper Imports

Imports in Southern Asia

Photographic paper imports surged to X square meters in 2021, growing by 60% on the year before. In general, imports, however, continue to indicate a deep setback. The volume of import peaked at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, photographic paper imports surged to $X in 2021. Over the period under review, imports, however, faced a abrupt shrinkage. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India represented the largest importing country with an import of about X square meters, which accounted for 80% of total imports. It was distantly followed by Bangladesh (X square meters), achieving a 15% share of total imports. Sri Lanka (X square meters) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to photographic paper imports into India stood at -21.3%. At the same time, Bangladesh (+11.5%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +11.5% from 2012-2021. By contrast, Sri Lanka (-12.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh increased by +14 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported photographic paper, paperboard and textiles in Southern Asia, comprising 82% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 12% share of total imports.

In India, photographic paper imports contracted by an average annual rate of -18.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bangladesh (+5.8% per year) and Sri Lanka (-21.9% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per square meter in 2021, surging by 8.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2013 an increase of 19%. The level of import peaked at $X per square meter in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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 India ($X per square meter), while Sri Lanka ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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