Southern Asia: Playing Cards Market 2024

Playing Cards Market Size in Southern Asia

The South Asian playing cards market stood at $X in 2022, surging by 3.8% against the previous year. In general, consumption posted a strong increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Playing Cards Production in Southern Asia

In value terms, playing cards production rose to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Playing Cards Exports

Exports in Southern Asia

In 2022, approx. X tons of playing cards were exported in Southern Asia; picking up by 15% compared with 2021 figures. Overall, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 59%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, playing cards exports dropped to $X in 2022. In general, exports saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

In 2022, India (X tons) was the major exporter of playing cards in Southern Asia, comprising 100% of total export.

India was also the fastest-growing in terms of the playing cards exports, with a CAGR of +8.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in India stood at +13.2%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, dropping by -20.9% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 47% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then reduced rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.5% per year.

Playing Cards Imports

Imports in Southern Asia

In 2022, supplies from abroad of playing cards was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 46%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, playing cards imports expanded to $X in 2022. In general, imports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 53%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nepal (X tons) and India (X tons) represented the major importers of playing cards in Southern Asia, together recording near 63% of total imports. Pakistan (X tons) took an 18% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (9.4%) and Afghanistan (5.6%). The following importers - Sri Lanka (X tons) and Maldives (X tons) - each accounted for a 3.6% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X), India ($X) and Pakistan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 85% share of total imports.

In terms of the main importing countries, Pakistan, with a CAGR of +8.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, waning by -4.3% against the previous year. Import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, playing cards import price increased by +18.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the import price increased by 27% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then contracted modestly in the following year.

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 Sri Lanka ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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