Eastern Asia: Filter Paper Market 2024

Filter Paper Market Size in Eastern Asia

The East Asian filter paper market expanded notably to $X in 2022, increasing by X% against the previous year. Overall, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Filter Paper Production in Eastern Asia

In value terms, filter paper production reached $X in 2022 estimated in export price. Over the period under review, production saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Filter Paper Exports

Exports in Eastern Asia

In 2022, approx. X tons of filter paper and paperboard cut to shape were exported in Eastern Asia; increasing by X% on the year before. Total exports indicated a strong increase 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, exports increased by X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, filter paper exports soared to $X in 2022. Overall, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Japan (X tons) and South Korea (X tons) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to filter paper exports from China stood at X%. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of South Korea (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest filter paper supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

From 2012 to 2022, 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: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the export price figures.

Filter Paper Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of filter paper and paperboard cut to shape, when their volume decreased by X% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, filter paper imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; 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. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X tons) and China (X tons) were the main importers of filter paper and paperboard cut to shape in Eastern Asia, together reaching near X% of total imports. Japan (X tons) took the next position in the ranking, distantly followed by Taiwan (Chinese) (X tons). All these countries together took approx. X% share of total imports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest filter paper importing markets in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), together comprising X% of total imports.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Eastern Asia amounted to $X per ton, approximately equating the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 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 Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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