Asia: Paper Hand Towels Market 2024

Paper Hand Towels Market Size in Asia

The Asian paper hand towels market rose to $X in 2022, surging by X% against the previous year. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Paper Hand Towels Production in Asia

In value terms, paper hand towels production fell slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a remarkable increase. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Paper Hand Towels Exports

Exports in Asia

In 2022, paper hand towels exports in Asia expanded notably to X tons, growing by X% on 2021 figures. The total export volume 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 in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, paper hand towels exports skyrocketed to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value 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. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China represented the largest exporting country with an export of about X tons, which finished at X% of total exports. Indonesia (X tons) held the second position in the ranking, followed by Malaysia (X tons) and Turkey (X tons). All these countries together held near X% share of total exports. The following exporters - South Korea (X tons), Bahrain (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Jordan (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to paper hand towels exports from China stood at X%. At the same time, Jordan (X%), South Korea (X%), the United Arab Emirates (X%), Indonesia (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Saudi Arabia and Malaysia experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Indonesia, South Korea, the United Arab Emirates and Jordan increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper hand towels supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, paper hand towels 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: Indonesia (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 2022, 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.

Paper Hand Towels Imports

Imports in Asia

In 2022, imports of paper hand towels in Asia rose significantly to X tons, picking up by X% compared with the previous year. Total imports indicated resilient growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, paper hand towels imports amounted to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Japan was the main importing country with an import of around X tons, which resulted at X% of total imports. Hong Kong SAR (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%) and Singapore (X%). Malaysia (X tons), Saudi Arabia (X tons), Israel (X tons), Myanmar (X tons), the United Arab Emirates (X tons), Iraq (X tons) and Oman (X tons) followed a long way behind the leaders.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Thailand (X%), Malaysia (X%), Oman (X%), Israel (X%), Iraq (X%), the United Arab Emirates (X%), Hong Kong SAR (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan, Thailand, Malaysia and Myanmar increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Japan totaled X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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