South-Eastern Asia: Wrapping Papers Market 2024

Wrapping Papers Market Size in South-Eastern Asia

The Southeast Asian wrapping papers market expanded markedly to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Wrapping Papers Production in South-Eastern Asia

In value terms, wrapping papers production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Wrapping Papers Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of wrapping paper, packaging paper and paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers exports surged to $X in 2022. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Singapore was the major exporting country with an export of about X tons, which amounted to X% of total exports. Indonesia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Thailand (X%), Malaysia (X%) and Vietnam (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers supplying countries in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Vietnam ($X), together comprising X% of total exports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, 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 Vietnam ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Wrapping Papers Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of wrapping paper, packaging paper and paperboard were imported in South-Eastern Asia; growing by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wrapping papers imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of wrapping papers imports in 2022 were Singapore (X tons), Indonesia (X tons), Malaysia (X tons), Vietnam (X tons) and Thailand (X tons), together recording X% of total import. It was distantly followed by Cambodia (X tons), creating a X% share of total imports. The Philippines (X tons) held a little share of total imports.

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

In value terms, the largest wrapping papers importing markets in South-Eastern Asia were Vietnam ($X), Malaysia ($X) and Indonesia ($X), together comprising X% of total imports. Thailand, Singapore, Cambodia and the Philippines lagged somewhat behind, together accounting for a further X%.

Cambodia, 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 South-Eastern Asia amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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 the Philippines ($X per ton), while Singapore ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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