Southern Asia: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Southern Asia

The South Asian paper pulp moulded articles market dropped to $X in 2023, approximately reflecting the previous year. In general, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Production of Moulded Or Pressed Articles Of Paper Pulp in Southern Asia

In value terms, paper pulp moulded articles production declined modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a strong increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports in Southern Asia

After two years of growth, overseas shipments of moulded or pressed articles of paper pulp decreased by X% to X tons in 2023. In general, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then reduced in the following year.

In value terms, paper pulp moulded articles exports contracted to $X in 2023. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The shipments of the one major exporters of moulded or pressed articles of paper pulp, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the moulded or pressed articles of paper pulp exports, with a CAGR of X% from 2012 to 2023. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest paper pulp moulded articles supplier in Southern Asia.

In India, paper pulp moulded articles exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports in Southern Asia

After five years of growth, supplies from abroad of moulded or pressed articles of paper pulp decreased by X% to X tons in 2023. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then shrank in the following year.

In value terms, paper pulp moulded articles imports surged to $X in 2023. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Imports by Country

In 2023, India (X tons) represented the major importer of moulded or pressed articles of paper pulp, generating X% of total imports. It was distantly followed by Bangladesh (X tons), generating a X% share of total imports. The following importers - Sri Lanka (X tons) and Pakistan (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to paper pulp moulded articles imports into India stood at X%. At the same time, Bangladesh (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. By contrast, Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Bangladesh increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported moulded or pressed articles of paper pulp in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2023, the average annual growth rate of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform