Paper Articles Market

The article discusses the increasing demand for paper articles worldwide, with the market expected to experience growth in both volume and value terms. Key points include consumption trends, market performance forecasts, production and import/export statistics, and insights into major consuming and producing countries. China emerges as a dominant player in both production and exports, while the Netherlands and Spain lead in imports. Detailed analysis of growth rates, market sizes, and price trends provide a comprehensive overview of the global paper articles market.

Market Forecast

Driven by increasing demand for boxes, pouches, wallets and writing compendiums of paper worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market volume to 1.8M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.1% for the period from 2022 to 2030, which is projected to bring the market value to $12.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Boxes, Pouches, Wallets And Writing Compendiums Of Paper

In 2022, global consumption of boxes, pouches, wallets and writing compendiums of paper totaled 1.5M tons, picking up by 3.5% compared with 2021 figures. Overall, consumption showed perceptible growth. Global consumption peaked at 1.5M tons in 2020; afterwards, it flattened through to 2022.

The global paper articles market revenue was estimated at $9B in 2022, surging by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted perceptible growth. Global consumption peaked in 2022 and is expected to retain growth in years to come.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (192K tons), the United States (109K tons) and India (78K tons), together accounting for 26% of global consumption. Russia, Japan, Germany, Indonesia, Brazil, Nigeria, Italy, Mexico, the Netherlands and Romania lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Romania (with a CAGR of +46.7%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest paper articles markets worldwide were China ($839M), Japan ($660M) and Russia ($503M), together comprising 22% of the global market. Germany, the United States, Brazil, India, Italy, Mexico, Nigeria, Indonesia, the Netherlands and Romania lagged somewhat behind, together accounting for a further 26%.

In terms of the main consuming countries, Romania, with a CAGR of +43.0%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of paper articles per capita consumption in 2022 were the Netherlands (1,685 kg per 1000 persons), Romania (1,524 kg per 1000 persons) and Italy (626 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Romania (with a CAGR of +47.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Boxes, Pouches, Wallets And Writing Compendiums Of Paper

In 2022, global production of boxes, pouches, wallets and writing compendiums of paper rose slightly to 1.5M tons, growing by 3.6% against the previous year's figure. Over the period under review, production showed a moderate expansion. The pace of growth was the most pronounced in 2019 with an increase of 30% against the previous year. Global production peaked at 1.5M tons in 2020; afterwards, it flattened through to 2022.

In value terms, paper articles production amounted to $8.9B in 2022 estimated in export price. In general, production posted a temperate expansion. The growth pace was the most rapid in 2019 with an increase of 29%. Over the period under review, global production attained the peak level in 2022 and is expected to retain growth in the near future.

Production By Country

China (216K tons) constituted the country with the largest volume of paper articles production, accounting for 15% of total volume. Moreover, paper articles production in China exceeded the figures recorded by the second-largest producer, the United States (108K tons), twofold. India (78K tons) ranked third in terms of total production with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +6.1%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+7.7% per year) and India (+5.8% per year).

Imports

World Imports of Boxes, Pouches, Wallets And Writing Compendiums Of Paper

In 2022, the amount of boxes, pouches, wallets and writing compendiums of paper imported worldwide shrank to 42K tons, with a decrease of -14.1% on 2021 figures. In general, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. Global imports peaked at 59K tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, paper articles imports contracted to $167M in 2022. Over the period under review, imports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2018 when imports increased by 33% against the previous year. As a result, imports reached the peak of $200M. From 2019 to 2022, the growth of global imports remained at a somewhat lower figure.

Imports By Country

In 2022, the Netherlands (6.4K tons), followed by Spain (3.8K tons), Hong Kong SAR (3.6K tons), the United States (2.7K tons) and France (2.2K tons) represented the key importers of boxes, pouches, wallets and writing compendiums of paper, together committing 45% of total imports. The following importers - Belgium (1.8K tons), the UK (1.8K tons), Germany (1.8K tons), Chile (1.7K tons), the Czech Republic (0.9K tons), Guatemala (0.8K tons), Russia (0.7K tons) and Oman (0.7K tons) - together made up 25% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Chile (with a CAGR of +46.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest paper articles importing markets worldwide were the Netherlands ($20M), Hong Kong SAR ($16M) and the United States ($12M), together comprising 29% of global imports. The UK, France, Germany, Belgium, Spain, the Czech Republic, Russia, Guatemala, Oman and Chile lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Guatemala, with a CAGR of +25.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average paper articles import price stood at $4,007 per ton in 2022, increasing by 9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($6,179 per ton), while Chile ($734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Boxes, Pouches, Wallets And Writing Compendiums Of Paper

In 2022, global exports of boxes, pouches, wallets and writing compendiums of paper reduced to 41K tons, declining by -11% compared with the previous year. In general, exports showed a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 14%. Over the period under review, the global exports attained the maximum at 61K tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper articles exports expanded remarkably to $241M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. The global exports peaked at $252M in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

China dominates exports structure, finishing at 24K tons, which was approx. 60% of total exports in 2022. Spain (2.3K tons) held the second position in the ranking, followed by the Netherlands (2.2K tons). All these countries together took approx. 11% share of total exports. Turkey (1.5K tons), the United States (1.3K tons), Poland (0.9K tons), Portugal (0.7K tons) and Hong Kong SAR (0.6K tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to paper articles exports from China stood at +7.0%. At the same time, Poland (+40.3%), Portugal (+10.6%) and Spain (+2.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +40.3% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, the Netherlands (-8.2%), the United States (-9.9%) and Hong Kong SAR (-28.0%) illustrated a downward trend over the same period. While the share of China (+39 p.p.), Spain (+2.8 p.p.) and Poland (+2.1 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-2.8 p.p.), the Netherlands (-3 p.p.) and Hong Kong SAR (-25.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($148M) remains the largest paper articles supplier worldwide, comprising 61% of global exports. The second position in the ranking was held by the Netherlands ($15M), with a 6.1% share of global exports. It was followed by Spain, with a 3.2% share.

In China, paper articles exports increased at an average annual rate of +15.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-1.2% per year) and Spain (+9.6% per year).

Export Prices By Country

In 2022, the average paper articles export price amounted to $5,900 per ton, jumping by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($9,157 per ton), while Spain ($3,335 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform