Thailand - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Thailand - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights

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Wrapping Papers Price in Thailand - 2023

Contents:

  1. Wrapping Papers Price in Thailand (CIF) - 2022
  2. Wrapping Papers Price in Thailand (FOB) - 2023
  3. Wrapping Papers Imports in Thailand
  4. Wrapping Papers Exports in Thailand

Wrapping Papers Price in Thailand (CIF) - 2022

The average wrapping papers import price stood at $1,234 per ton in 2022, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,975 per ton), while the price for Russia ($875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Wrapping Papers Price in Thailand (FOB) - 2023

The average wrapping papers export price stood at $1,191 per ton in July 2023, standing approximately at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 10% against the previous month. As a result, the export price reached the peak level of $1,369 per ton. From October 2022 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($15,009 per ton), while the average price for exports to Taiwan (Chinese) ($671 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wrapping Papers Imports in Thailand

In 2022, supplies from abroad of wrapping paper, packaging paper and paperboard decreased by -8% to 106K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 118K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wrapping papers imports expanded remarkably to $131M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wrapping Papers in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan24.124.224.522.1-2.8%
China15.920.118.620.48.7%
Taiwan (Chinese)11.315.922.216.413.2%
Sweden14.36.711.015.52.7%
United States8.216.912.814.320.4%
Austria7.09.43.410.313.7%
Indonesia2.01.83.45.842.6%
Finland2.62.92.34.721.8%
Bulgaria2.32.43.14.222.2%
Russia9.10.43.84.0-24.0%
Czech Republic2.32.93.53.312.8%
Malaysia0.71.01.43.062.4%
Australia1.30.81.72.117.3%
Others5.67.46.25.0-3.7%
Total1071131181317.0%

Top Suppliers of Wrapping Papers to Thailand in 2022:

  1. Japan (21.2K tons)
  2. China (15.3K tons)
  3. Taiwan (Chinese) (13.5K tons)
  4. Sweden (13.1K tons)
  5. United States (10.8K tons)
  6. Austria (7.5K tons)
  7. Russia (4.6K tons)
  8. Indonesia (4.5K tons)
  9. Bulgaria (3.5K tons)
  10. Czech Republic (2.6K tons)
  11. Finland (2.4K tons)
  12. Malaysia (2.2K tons)
  13. Australia (2.0K tons)

Wrapping Papers Exports in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of wrapping paper, packaging paper and paperboard, when their volume decreased by -6.8% to 62K tons. The total export volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 43%.

In value terms, wrapping papers exports surged to $75M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Wrapping Papers in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.87.117.128.269.4%
Vietnam7.015.214.29.410.3%
Malaysia4.04.44.37.422.8%
Taiwan (Chinese)4.04.15.35.18.4%
South Korea5.25.66.45.1-0.6%
Philippines1.11.21.73.547.1%
Indonesia2.02.33.72.46.3%
Cambodia1.12.91.31.817.8%
Bangladesh0.71.30.41.528.9%
Myanmar5.30.50.41.1-40.8%
China1.91.83.40.9-22.0%
Others4.14.96.38.226.0%
Total42.251.364.674.520.9%

Top Export Markets for Wrapping Papers from Thailand in 2022:

  1. India (21.0K tons)
  2. Vietnam (11.4K tons)
  3. Taiwan (Chinese) (6.7K tons)
  4. Malaysia (5.4K tons)
  5. South Korea (5.2K tons)
  6. Philippines (2.7K tons)
  7. Cambodia (1.8K tons)
  8. Indonesia (1.6K tons)
  9. Myanmar (1.3K tons)
  10. Bangladesh (1.3K tons)
  11. China (0.7K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wrapping papers market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1621 - Wrapping papers

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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