Asia-Pacific: Office Supply Market 2024

Office Supply Market Size in Asia-Pacific

The Asia-Pacific office supply market declined modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Office Supply Production in Asia-Pacific

In value terms, office supply production reduced slightly to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Office Supply Exports

Exports in Asia-Pacific

In 2022, overseas shipments of office or school supplies of plastics increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, showed a slight slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, office supply exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

China prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. The following exporters - Vietnam (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of office or school supplies of plastics. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. China (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest office supply supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, office supply exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, increasing by X% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, office supply export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Office Supply Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of office or school supplies of plastics increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, office supply imports reduced slightly to $X in 2022. Overall, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X tons) represented the major importer of office or school supplies of plastics, comprising X% of total imports. The Philippines (X tons) ranks second in terms of the total imports with a X% share, followed by Australia (X%), India (X%), Indonesia (X%) and Thailand (X%). The following importers - South Korea (X tons), Malaysia (X tons), Singapore (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) - together made up X% of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of office or school supplies of plastics. At the same time, Malaysia (X%), Thailand (X%), Indonesia (X%), South Korea (X%), the Philippines (X%), Taiwan (Chinese) (X%) and India (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Australia (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.), Japan (X p.p.), Thailand (X p.p.), Indonesia (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.), Hong Kong SAR (X p.p.) and Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported office or school supplies of plastics in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with an X% share of total imports. It was followed by Singapore, with a X% share.

In Japan, office supply imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Australia (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then reduced in the following year.

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

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

Source: IndexBox Platform

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