Asia-Pacific: Stamping Foil Market 2024

Stamping Foil Market Size in Asia-Pacific

In 2023, the Asia-Pacific stamping foil market increased by X% to $X, rising for the fifth year in a row after five years of decline. 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 in certain years. The level of consumption peaked in 2023 and is expected to retain growth in the near future.

Stamping Foil Production in Asia-Pacific

In value terms, stamping foil production totaled $X in 2023 estimated in export price. The total output value 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 throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Stamping Foil Exports

Exports in Asia-Pacific

In 2023, shipments abroad of stamping foils decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports showed a mild decrease. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, stamping foil exports shrank notably to $X in 2023. In general, exports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of stamping foils, namely Taiwan (Chinese), Malaysia and South Korea, represented more than two-thirds of total export. It was distantly followed by China (X tons), making up an X% share of total exports. Japan (X tons) and India (X tons) took a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Japan, China and India lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($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.

Stamping Foil Imports

Imports in Asia-Pacific

In 2023, after two years of growth, there was significant decline in purchases abroad of stamping foils, when their volume decreased by X% to X tons. The total import volume 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. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, stamping foil imports fell to $X in 2023. In general, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, India (X tons) represented the largest importer of stamping foils, creating X% of total imports. Indonesia (X tons) held the second position in the ranking, followed by China (X tons), Malaysia (X tons), Vietnam (X tons), Australia (X tons), Thailand (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to stamping foil imports into India stood at X%. At the same time, Indonesia (X%), South Korea (X%), Vietnam (X%), Taiwan (Chinese) (X%) and Australia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. China experienced a relatively flat trend pattern. By contrast, Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. While the share of Indonesia (X p.p.), India (X p.p.), Vietnam (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of China (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), India ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. South Korea, Vietnam, Thailand, Australia, Taiwan (Chinese) and Malaysia lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, leveling off at the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the import prices remained at a 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 China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform