Paper Dishes And Cups Market

The global paper dishes and cups market is expected to see growth in both volume and value over the next eight years, with a forecasted CAGR of +3.4% and +5.6% respectively. The United States leads in consumption, production, and imports, with China dominating in exports. The article also covers consumption per capita, production trends, import and export analysis, as well as price variations by country and growth rates over the last decade.

Market Forecast

Driven by increasing demand for paper trays, dishes, plates and cups 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 +3.4% for the period from 2022 to 2030, which is projected to bring the market volume to 7.7M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.6% for the period from 2022 to 2030, which is projected to bring the market value to $30.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Paper Trays, Dishes, Plates And Cups

Global paper dishes and cups consumption totaled 5.9M tons in 2022, remaining constant against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.8% against 2020 indices. Global consumption peaked at 5.9M tons in 2020; afterwards, it flattened through to 2022.

The global paper dishes and cups market size stood at $19.5B in 2022, stabilizing at 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, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +60.9% against 2012 indices. Over the period under review, the global market attained the peak level in 2022 and is expected to retain growth in years to come.

Consumption By Country

The country with the largest volume of paper dishes and cups consumption was the United States (1.7M tons), accounting for 28% of total volume. Moreover, paper dishes and cups consumption in the United States exceeded the figures recorded by the second-largest consumer, China (441K tons), fourfold. The third position in this ranking was taken by India (234K tons), with a 4% share.

From 2012 to 2022, the average annual growth rate of volume in the United States totaled +3.9%. In the other countries, the average annual rates were as follows: China (+1.2% per year) and India (+5.8% per year).

In value terms, the United States ($4.9B) led the market, alone. The second position in the ranking was held by Japan ($1.6B). It was followed by China.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +4.1%. In the other countries, the average annual rates were as follows: Japan (+5.9% per year) and China (+1.8% per year).

In 2022, the highest levels of paper dishes and cups per capita consumption was registered in the United States (5 kg per person), followed by Japan (1.5 kg per person), the UK (1.4 kg per person) and Germany (1.1 kg per person), while the world average per capita consumption of paper dishes and cups was estimated at 0.7 kg per person.

In the United States, paper dishes and cups per capita consumption expanded at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+7.5% per year) and the UK (+3.0% per year).

Production

World Production of Paper Trays, Dishes, Plates And Cups

In 2022, global paper dishes and cups production amounted to 6M tons, growing by 2.4% against 2021. Over the period under review, the total production indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +58.7% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 10%. Global production peaked in 2022 and is expected to retain growth in the near future.

In value terms, paper dishes and cups production contracted modestly to $19.8B in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +70.7% against 2012 indices. The pace of growth was the most pronounced in 2019 with an increase of 16%. Global production peaked at $20.1B in 2021, and then shrank slightly in the following year.

Production By Country

The countries with the highest volumes of production in 2022 were the United States (1.5M tons), China (1.1M tons) and India (261K tons), with a combined 49% share of global production. Japan, Russia, Indonesia, Brazil, Bangladesh, Nigeria, Pakistan, Turkey and Italy lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +9.6%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Paper Trays, Dishes, Plates And Cups

In 2022, global imports of paper trays, dishes, plates and cups skyrocketed to 1.2M tons, jumping by 25% on 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper dishes and cups imports surged to $4.1B in 2022. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports By Country

In 2022, the United States (193K tons), distantly followed by the Netherlands (91K tons), France (75K tons), Canada (74K tons) and Germany (63K tons) represented the key importers of paper trays, dishes, plates and cups, together achieving 43% of total imports. The following importers - Australia (47K tons), Japan (40K tons), Belgium (39K tons), the UK (31K tons), Italy (30K tons), Spain (28K tons), Mexico (27K tons) and Saudi Arabia (22K tons) - together made up 23% of total imports.

Imports into the United States increased at an average annual rate of +12.7% from 2012 to 2022. At the same time, Belgium (+20.2%), the Netherlands (+15.7%), Spain (+14.1%), Italy (+13.5%), France (+12.8%), Mexico (+11.1%), Saudi Arabia (+7.8%), Australia (+7.1%), Japan (+6.3%), Germany (+6.1%), the UK (+2.4%) and Canada (+2.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +20.2% from 2012-2022. While the share of the United States (+4.2 p.p.), the Netherlands (+3.4 p.p.), Belgium (+2.1 p.p.) and France (+1.7 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Germany (-2.1 p.p.), the UK (-2.6 p.p.) and Canada (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($556M), France ($312M) and Canada ($282M) constituted the countries with the highest levels of imports in 2022, with a combined 28% share of global imports. The UK, Germany, Australia, the Netherlands, Japan, Spain, Italy, Belgium, Mexico and Saudi Arabia lagged somewhat behind, together comprising a further 37%.

Spain, with a CAGR of +19.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 dishes and cups import price stood at $3,545 per ton in 2022, with an increase of 5.8% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($8,380 per ton), while the Netherlands ($2,093 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Paper Trays, Dishes, Plates And Cups

Global paper dishes and cups exports soared to 1.3M tons in 2022, jumping by 29% compared with the previous year's figure. In general, exports enjoyed a prominent increase. 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 skyrocketed to $4.5B in 2022. Overall, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports By Country

China prevails in exports structure, resulting at 707K tons, which was approx. 56% of total exports in 2022. The United States (65K tons) held a 5.1% share (based on physical terms) of total exports, which put it in second place, followed by Italy (4.6%). Taiwan (Chinese) (39K tons), Turkey (37K tons), Germany (29K tons), Poland (29K tons) and India (28K tons) held a little share of total exports.

Exports from China increased at an average annual rate of +17.1% from 2012 to 2022. At the same time, India (+30.0%), Turkey (+21.2%), Poland (+10.4%), Taiwan (Chinese) (+7.5%), Germany (+3.5%) and Italy (+1.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.0% from 2012-2022. By contrast, the United States (-2.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Turkey and India increased by +26, +1.8 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($2.3B) remains the largest paper dishes and cups supplier worldwide, comprising 50% of global exports. The second position in the ranking was taken by Italy ($318M), with a 7% share of global exports. It was followed by the United States, with a 6% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +19.7%. In the other countries, the average annual rates were as follows: Italy (+2.6% per year) and the United States (+1.3% per year).

Export Prices By Country

The average paper dishes and cups export price stood at $3,563 per ton in 2022, surging by 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2016 when the average export price increased by 9% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($5,436 per ton), while India ($2,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform