India: Paper And Paperboard Market 2024

Paper And Paperboard Market Size in India

In 2022, the Indian paper and paperboard market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, the total consumption indicated a buoyant 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, consumption increased by X% against 2016 indices. Paper and paperboard consumption peaked at $X in 2021, and then reduced in the following year.

Paper And Paperboard Production in India

In value terms, paper and paperboard production totaled $X in 2022 estimated in export price. In general, the total production indicated a strong increase 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Paper and paperboard production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Paper And Paperboard Exports

Exports from India

Paper and paperboard exports from India declined modestly to X tons in 2022, waning by X% compared with the previous year's figure. In general, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports rose rapidly to $X in 2022. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ethiopia (X tons) was the main destination for paper and paperboard exports from India, with a X% share of total exports. Moreover, paper and paperboard exports to Ethiopia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Djibouti (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ethiopia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Djibouti (X% per year).

In value terms, Ethiopia ($X) remains the key foreign market for paper and paperboard (creped, crinkled, embossed or perforated) exports from India, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ethiopia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average paper and paperboard export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bhutan ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea-Bissau (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into India

In 2022, the amount of paper and paperboard (creped, crinkled, embossed or perforated) imported into India fell rapidly to X tons, waning by X% on 2021 figures. Overall, total imports indicated moderate 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 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then plummeted in the following year.

In value terms, paper and paperboard imports reduced to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Italy (X tons) were the main suppliers of paper and paperboard imports to India, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper and paperboard suppliers to India were Taiwan (Chinese) ($X), China ($X) and Italy ($X), together comprising X% of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated a remarkable increase 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, paper and paperboard import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Canada ($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 States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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