Indonesia: Photographic Paper Market 2024

Photographic Paper Market Size in Indonesia

In 2021, after two years of decline, there was significant growth in the Indonesian photographic paper market, when its value increased by 81% to $X. In general, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Photographic Paper Exports

Exports from Indonesia

Photographic paper exports from Indonesia surged to X square meters in 2021, increasing by 38% compared with 2020. Overall, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2019 when exports increased by 225% against the previous year. The exports peaked at X square meters in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports rose modestly to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 325%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Timor-Leste (X square meters), Singapore (X square meters) and Malaysia (X square meters) were the main destinations of photographic paper exports from Indonesia, with a combined 84% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +68.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) emerged as the key foreign market for photographic paper, paperboard and textiles exports from Indonesia, comprising 47% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total exports. It was followed by Timor-Leste, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore stood at -13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+74.5% per year) and Timor-Leste (+12.0% per year).

Export Prices by Country

The average photographic paper export price stood at $X per square meter in 2021, declining by -24.3% against the previous year. Over the period under review, the export price showed a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of 134% against the previous year. The export price peaked at $X per square meter in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per square meter), while the average price for exports to Timor-Leste ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+29.6%), while the prices for the other major destinations experienced more modest paces of growth.

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Photographic Paper Imports

Imports into Indonesia

In 2021, overseas purchases of photographic paper, paperboard and textiles were finally on the rise to reach X square meters after four years of decline. Overall, imports, however, faced a deep setback. Imports peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, photographic paper imports surged to $X in 2021. Over the period under review, imports, however, recorded a abrupt decline. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X square meters) constituted the largest supplier of photographic paper to Indonesia, accounting for a 73% share of total imports. Moreover, photographic paper imports from the United States exceeded the figures recorded by the second-largest supplier, China (X square meters), fourfold. The third position in this ranking was taken by Hong Kong SAR (X square meters), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.8% per year) and Hong Kong SAR (+7.9% per year).

In value terms, the United States ($X) constituted the largest supplier of photographic paper, paperboard and textiles to Indonesia, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by Hong Kong SAR, with a 4% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.7% per year) and Hong Kong SAR (+7.4% per year).

Import Prices by Country

The average photographic paper import price stood at $X per square meter in 2021, surging by 13% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+37.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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