Southern Asia: Asphalted Paper Market 2024

Asphalted Paper Market Size in Southern Asia

The South Asian asphalted paper market rose significantly to $X in 2022, with an increase of 5.1% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Asphalted Paper Production in Southern Asia

In value terms, asphalted paper production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Asphalted Paper Exports

Exports in Southern Asia

For the fifth year in a row, Southern Asia recorded decline in shipments abroad of tarred, bituminised or asphalted paper and paperboard, which decreased by -9.3% to X tons in 2022. Over the period under review, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of 46%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, asphalted paper exports stood at $X in 2022. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 34%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Pakistan (X tons) represented the key exporter of tarred, bituminised or asphalted paper and paperboard, achieving 77% of total exports. It was distantly followed by India (X tons), constituting a 23% share of total exports.

Exports from Pakistan decreased at an average annual rate of -12.9% from 2012 to 2022. India (-2.7%) illustrated a downward trend over the same period. India (+14 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -14% from 2012 to 2022, respectively.

In value terms, Pakistan ($X) remains the largest asphalted paper supplier in Southern Asia, comprising 78% of total exports. The second position in the ranking was held by India ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Pakistan amounted to -11.9%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2014 an increase of 21%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.2%).

Asphalted Paper Imports

Imports in Southern Asia

In 2022, purchases abroad of tarred, bituminised or asphalted paper and paperboard was finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 86% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, asphalted paper imports surged to $X in 2022. Overall, imports, however, faced a abrupt slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Sri Lanka was the key importing country with an import of around X tons, which resulted at 59% of total imports. It was distantly followed by India (X tons), constituting a 34% share of total imports. Nepal (X tons) and Bangladesh (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +17.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Sri Lanka ($X), India ($X) and Nepal ($X) were the countries with the highest levels of imports in 2022, with a combined 97% share of total imports.

In terms of the main importing countries, Sri Lanka, with a CAGR of +15.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, leveling off at the previous year. In general, the import price saw a slight curtailment. The most prominent rate of growth was recorded in 2019 when the import price increased by 95%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.

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 (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :