South-Eastern Asia: Photographic Paper Market 2024

Photographic Paper Market Size in South-Eastern Asia

In 2021, the Southeast Asian photographic paper market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a deep contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Photographic Paper Production in South-Eastern Asia

In value terms, photographic paper production reduced markedly to $X in 2021 estimated in export price. Overall, production recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the production volume increased by 112%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Photographic Paper Exports

Exports in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in overseas shipments of photographic paper, paperboard and textiles, when their volume increased by 18% to X square meters. Overall, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at X square meters in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, photographic paper exports soared to $X in 2021. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 20% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore was the key exporting country with an export of about X square meters, which accounted for 45% of total exports. Malaysia (X square meters) ranks second in terms of the total exports with a 27% share, followed by Myanmar (11%), Thailand (7.2%) and Indonesia (5.3%). The Philippines (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Myanmar (with a CAGR of +64.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) remains the largest photographic paper supplier in South-Eastern Asia, comprising 52% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 26% share of total exports. It was followed by Myanmar, with an 11% share.

In Singapore, photographic paper exports decreased by an average annual rate of -19.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+0.9% per year) and Myanmar (+62.3% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by 15%. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per square meter), while Indonesia ($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 (+0.2%), while the other leaders experienced a decline in the export price figures.

Photographic Paper Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of photographic paper, paperboard and textiles was finally on the rise to reach X square meters after two years of decline. In general, imports, however, continue to indicate a abrupt shrinkage. The volume of import peaked at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, photographic paper imports surged to $X in 2021. Overall, imports, however, continue to indicate a abrupt contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Singapore was the key importer of photographic paper, paperboard and textiles in South-Eastern Asia, with the volume of imports recording X square meters, which was near 41% of total imports in 2021. Indonesia (X square meters) took a 22% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (10%), the Philippines (8.3%), Malaysia (6.4%), Cambodia (5.3%) and Vietnam (5.2%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Singapore (with a CAGR of +0.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Singapore ($X), Indonesia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 81% of total imports.

Singapore, with a CAGR of -0.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per square meter in 2021, growing by 10% against the previous year. In general, the import price saw a relatively flat trend pattern. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per square meter), while the Philippines ($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 Indonesia (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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