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Report Vietnam - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Sep 30, 2022

Vietnam - Wrapping Papers - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Wrapping Papers Market 2022

Wrapping Papers Market Size in Vietnam

After two years of growth, the Vietnamese wrapping papers market decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Wrapping papers consumption peaked at $X in 2020, and then declined in the following year.

Wrapping Papers Exports

Exports from Vietnam

In 2021, after six years of growth, there was decline in overseas shipments of wrapping paper, packaging paper and paperboard, when their volume decreased by -X% to X tons. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then contracted in the following year.

In value terms, wrapping papers exports reduced to $X in 2021. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

China (X tons) was the main destination for wrapping papers exports from Vietnam, accounting for a X% share of total exports. Moreover, wrapping papers exports to China exceeded the volume sent to the second major destination, Cambodia (X tons), threefold. Indonesia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Indonesia (+X% per year).

In value terms, China ($X) emerged as the key foreign market for wrapping papers exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cambodia (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

The average wrapping papers export price stood at $X per ton in 2021, stabilizing at the previous year. In general, the export price saw a slight downturn. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

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

Wrapping Papers Imports

Imports into Vietnam

In 2021, supplies from abroad of wrapping paper, packaging paper and paperboard decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X tons in 2020, and then reduced in the following year.

In value terms, wrapping papers imports shrank to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020, and then fell in the following year.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) were the main suppliers of wrapping papers imports to Vietnam, together comprising X% of total imports. Thailand, Russia, Singapore and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wrapping papers suppliers to Vietnam were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports. Thailand, Singapore, Russia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X the main suppliers, Thailand, with a CAGR of +X%, saw the highest growth rate of 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 wrapping papers import price stood at $X per ton in 2021, waning by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for wrapping paper, packaging paper and paperboard in the world?

The country with the largest volume of wrapping papers consumption was China, comprising approx. 39% of total volume. Moreover, wrapping papers consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. The third position in this ranking was taken by Turkey, with a 4.1% share.

What are the largest producers of wrapping paper, packaging paper and paperboard in the world?

China remains the largest wrapping papers producing country worldwide, accounting for 37% of total volume. Moreover, wrapping papers production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by Sweden, with a 5.2% share.

What are the leading suppliers of wrapping paper, packaging paper and paperboard to Vietnam?

In value terms, China, South Korea and Japan constituted the largest wrapping papers suppliers to Vietnam, with a combined 61% share of total imports. These countries were followed by Thailand, Singapore, Russia and Taiwan Chinese), which together accounted for a further 24%.

What are the leading importers of wrapping paper, packaging paper and paperboard from Vietnam?

In value terms, China emerged as the key foreign market for wrapping papers exports from Vietnam, comprising 44% of total exports. The second position in the ranking was held by Cambodia, with a 20% share of total exports. It was followed by Indonesia, with a 16% share.

What is the average export price for wrapping paper, packaging paper and paperboard in Vietnam?

In 2021, the average wrapping papers export price amounted to $1,026 per ton, approximately reflecting the previous year.

What is the average import price for wrapping paper, packaging paper and paperboard in Vietnam?

The average wrapping papers import price stood at $1,137 per ton in 2021, declining by -1.6% against the previous year.

This report provides an in-depth analysis of the wrapping papers market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• FCL 1621 - Wrapping papers

Country coverage:

• Vietnam

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Vietnam

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance