Global Photographic Paper Market 2022

Photographic Paper Market Size

In 2021, after eight years of decline, there was significant growth in the global photographic paper market, when its value increased by 18% to $X. Overall, consumption, however, showed a deep setback. Global consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Photographic Paper Production

In value terms, photographic paper production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. Over the period under review, global production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Photographic Paper Exports

Exports

In 2021, after three years of decline, there was significant growth in overseas shipments of photographic paper, paperboard and textiles, when their volume increased by 108% to X square meters. Over the period under review, exports, however, recorded a mild shrinkage. Over the period under review, the global exports reached the maximum at X square meters in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, photographic paper exports amounted to $X in 2021. In general, exports, however, continue to indicate a abrupt shrinkage. The global exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands represented the major exporting country with an export of about X square meters, which amounted to 59% of total exports. It was distantly followed by Belgium (X square meters), China (X square meters) and the United States (X square meters), together making up a 32% share of total exports. Germany (X square meters) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of +5.8% from 2012 to 2021. At the same time, Belgium (+20.7%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.7% from 2012-2021. China experienced a relatively flat trend pattern. By contrast, Germany (-2.5%) and the United States (-7.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+29 p.p.) and Belgium (+11 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the United States (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest photographic paper supplying countries worldwide were the Netherlands ($X), the United States ($X) and China ($X), with a combined 73% share of global exports. Belgium and Germany lagged somewhat behind, together accounting for a further 13%.

Among the main exporting countries, Belgium, with a CAGR of -1.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the average photographic paper export price amounted to $X per square meter, dropping by -46.7% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per square meter), while Belgium ($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 the United States (-3.7%), while the other global leaders experienced a decline in the export price figures.

Photographic Paper Imports

Imports

In 2021, overseas purchases of photographic paper, paperboard and textiles increased by 22% to X square meters, rising for the second year in a row after seven years of decline. Overall, imports, however, saw a perceptible downturn. Over the period under review, global imports reached the maximum at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, photographic paper imports fell slightly to $X in 2021. Over the period under review, imports, however, faced a deep contraction. The growth pace was the most rapid in 2018 with an increase of 2.7%. Global imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X square meters), distantly followed by Belgium (X square meters), Germany (X square meters), Poland (X square meters) and China (X square meters) were the main importers of photographic paper, paperboard and textiles, together making up 62% of total imports. The following importers - India (X square meters), Hungary (X square meters), the United Arab Emirates (X square meters), Singapore (X square meters) and France (X square meters) - together made up 9.6% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +49.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest photographic paper importing markets worldwide were Germany ($X), Belgium ($X) and the Netherlands ($X), with a combined 28% share of global imports.

Among the main importing countries, the Netherlands, with a CAGR of +18.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average photographic paper import price amounted to $X per square meter, waning by -18.9% against the previous year. Overall, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 2.8% against the previous year. Global import price peaked at $X per square meter in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per square meter), while the Netherlands ($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 India (+2.6%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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