Eastern Asia: Asphalted Paper Market 2024

Asphalted Paper Market Size in Eastern Asia

The East Asian asphalted paper market reduced modestly to $X in 2022, leveling off at the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Asphalted Paper Production in Eastern Asia

In value terms, asphalted paper production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Asphalted Paper Exports

Exports in Eastern Asia

In 2022, exports of tarred, bituminised or asphalted paper and paperboard in Eastern Asia shrank to X tons, which is down by X% compared with 2021 figures. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports shrank remarkably to $X in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China was the major exporter of tarred, bituminised or asphalted paper and paperboard in Eastern Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Taiwan (Chinese) (X tons) took the second position in the ranking, distantly followed by Japan (X tons) and South Korea (X tons). All these countries together took approx. X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of tarred, bituminised or asphalted paper and paperboard. At the same time, Japan (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Japan and South Korea increased by X, X and X percentage points, respectively.

In value terms, Japan ($X), China ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, waning by X% against the previous year. Export price indicated moderate growth 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. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined dramatically 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 Japan (X%), while the other leaders experienced more modest paces of growth.

Asphalted Paper Imports

Imports in Eastern Asia

Asphalted paper imports shrank to X tons in 2022, which is down by X% compared with the year before. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, asphalted paper imports fell dramatically to $X in 2022. Over the period under review, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Japan represented the key importing country with an import of around X tons, which amounted to X% of total imports. Macao SAR (X tons) ranks second in terms of the total imports with a X% share, followed by Hong Kong SAR (X%). The following importers - South Korea (X tons), China (X tons) and Democratic People's Republic of Korea (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to asphalted paper imports into Japan stood at X%. At the same time, Macao SAR (X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%), South Korea (X%), Democratic People's Republic of Korea (X%) and China (X%) illustrated a downward trend over the same period. While the share of Macao SAR (X p.p.), Hong Kong SAR (X p.p.) and Japan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Democratic People's Republic of Korea (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, asphalted paper imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and China (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Macao SAR ($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.

Source: IndexBox Platform

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