Asia: Envelope Market 2024

Envelope Market Size in Asia

The Asian envelope market declined modestly to $X in 2023, with a decrease of X% against the previous year. Overall, consumption saw a noticeable curtailment. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Envelope Production in Asia

In value terms, envelope production declined to $X in 2023 estimated in export price. Overall, production continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Envelope Exports

Exports in Asia

In 2023, overseas shipments of envelopes increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in years to come.

In value terms, envelope exports dropped modestly to $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, China (X tons) was the main exporter of envelopes, generating X% of total exports. India (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%) and Malaysia (X%). The United Arab Emirates (X tons), Indonesia (X tons) and Thailand (X tons) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to envelope exports from China stood at X%. At the same time, India (X%) and Turkey (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Thailand experienced a relatively flat trend pattern. By contrast, Malaysia (X%), the United Arab Emirates (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest envelope supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, waning by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Envelope Imports

Imports in Asia

In 2023, after two years of growth, there was decline in supplies from abroad of envelopes, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, envelope imports fell to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

Japan represented the key importer of envelopes in Asia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2023. It was distantly followed by Hong Kong SAR (X tons), making up a X% share of total imports. The following importers - Singapore (X tons), Malaysia (X tons), the United Arab Emirates (X tons), the Philippines (X tons), Vietnam (X tons), Iraq (X tons), Turkey (X tons), Israel (X tons) and Saudi Arabia (X tons) - together made up X% of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2023. At the same time, Iraq (X%), Vietnam (X%), Malaysia (X%), Turkey (X%), the Philippines (X%) and Israel (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. By contrast, Singapore (X%), Hong Kong SAR (X%), the United Arab Emirates (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), Malaysia (X p.p.), Iraq (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Singapore (X p.p.), Saudi Arabia (X p.p.), the United Arab Emirates (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported envelopes in Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

In Japan, envelope imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2023, the import price in Asia amounted to $X per ton, which is down by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform