Asia-Pacific: Market for Household and Sanitary Articles of Paper 2024

Market Size for Household and Sanitary Articles of Paper in Asia-Pacific

The Asia-Pacific market for household and sanitary articles of paper contracted slightly to $X in 2023, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

Production of Household and Sanitary Articles of Paper in Asia-Pacific

In value terms, production of household and sanitary articles of paper declined modestly to $X in 2023 estimated in export price. The total production indicated a pronounced 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, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2023, production of growth remained at a somewhat lower figure.

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Exports of Household and Sanitary Articles of Paper

Exports in Asia-Pacific

In 2023, approx. X tons of household and sanitary articles of paper were exported in Asia-Pacific; increasing by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 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, exports of household and sanitary articles of paper rose significantly to $X in 2023. Total exports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

China dominates paper structure, accounting for X tons, which was approx. X% of total exports in 2023. Indonesia (X tons) ranks second in terms of the total exports with a X% share, followed by Malaysia (X%). The following exporters - Vietnam (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) - each resulted at a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, South Korea (X%), Vietnam (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) and Malaysia saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest household and sanitary articles of paper supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

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

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

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 Taiwan (Chinese) ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Household and Sanitary Articles of Paper

Imports in Asia-Pacific

In 2023, the amount of household and sanitary articles of paper imported in Asia-Pacific expanded to X tons, with an increase of X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, imports of household and sanitary articles of paper contracted modestly 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 remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

Japan (X tons) and Hong Kong SAR (X tons) represented the key importers of household and sanitary articles of paper in 2023, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Australia (X tons), Thailand (X tons), Singapore (X tons), South Korea (X tons) and Malaysia (X tons), together comprising a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Hong Kong SAR ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Thailand, South Korea, Singapore and Malaysia lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform