Manifold Business Form Market

The article discusses the anticipated decline in the global manifold business form market over the period from 2022 to 2030, with projections of decreased consumption and market volume. North Macedonia emerges as a key player in both consumption and production. Global trade in manifold business forms is analyzed, with insights into export and import trends, major exporting and importing countries, and fluctuations in export prices.

Market Forecast

The manifold business form market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -5.9% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 2.8M tons by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of -4.1% for the period from 2022 to 2030, which is projected to bring the market value to $13.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Manifold Business Forms And Interleaved Carbon Sets

In 2022, consumption of manifold business forms and interleaved carbon sets increased by 345% to 4.6M tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption posted a resilient increase. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.

The global manifold business form market size soared to $18.3B in 2022, picking up by 316% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Consumption By Country

North Macedonia (3.5M tons) constituted the country with the largest volume of manifold business form consumption, accounting for 77% of total volume. Moreover, manifold business form consumption in North Macedonia exceeded the figures recorded by the second-largest consumer, China (282K tons), more than tenfold. The third position in this ranking was held by the United States (132K tons), with a 2.9% share.

In North Macedonia, manifold business form consumption expanded at an average annual rate of +117.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: China (-0.9% per year) and the United States (-4.9% per year).

In value terms, North Macedonia ($13.8B) led the market, alone. The second position in the ranking was held by China ($817M). It was followed by the United States.

In North Macedonia, the manifold business form market expanded at an average annual rate of +117.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: China (+0.1% per year) and the United States (-4.9% per year).

In 2022, the highest levels of manifold business form per capita consumption was registered in North Macedonia (1,711 kg per person), followed by the United States (0.4 kg per person), China (0.2 kg per person) and India (0.1 kg per person), while the world average per capita consumption of manifold business form was estimated at 0.6 kg per person.

From 2012 to 2022, the average annual rate of growth in terms of the manifold business form per capita consumption in North Macedonia amounted to +117.4%. In the other countries, the average annual rates were as follows: the United States (-5.5% per year) and China (-1.3% per year).

Production

World Production of Manifold Business Forms And Interleaved Carbon Sets

In 2022, after two years of decline, there was significant growth in production of manifold business forms and interleaved carbon sets, when its volume increased by 345% to 4.6M tons. In general, production enjoyed a remarkable increase. As a result, production attained the peak volume and is likely to continue growth in the immediate term.

In value terms, manifold business form production expanded modestly to $4.5B in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. The growth pace was the most rapid in 2019 when the production volume increased by 8%. Global production peaked at $6.3B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Production By Country

North Macedonia (3.5M tons) constituted the country with the largest volume of manifold business form production, accounting for 77% of total volume. Moreover, manifold business form production in North Macedonia exceeded the figures recorded by the second-largest producer, China (286K tons), more than tenfold. The third position in this ranking was held by the United States (132K tons), with a 2.9% share.

In North Macedonia, manifold business form production increased at an average annual rate of +117.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (-0.9% per year) and the United States (-5.0% per year).

Imports

World Imports of Manifold Business Forms And Interleaved Carbon Sets

In 2022, the amount of manifold business forms and interleaved carbon sets imported worldwide dropped to 10K tons, with a decrease of -14.4% on the previous year's figure. Overall, imports showed a deep slump. The growth pace was the most rapid in 2019 with an increase of 12%. Over the period under review, global imports attained the maximum at 25K tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, manifold business form imports declined to $40M in 2022. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5%. Global imports peaked at $112M in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports By Country

The purchases of the twelve major importers of manifold business forms and interleaved carbon sets, namely Germany, Greece, Singapore, the United Arab Emirates, Yemen, the United States, El Salvador, France, Honduras, Canada, Belgium and the Netherlands, represented more than two-thirds of total import. Hong Kong SAR (215 tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Yemen (with a CAGR of +61.2%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($3.9M), France ($3M) and El Salvador ($2.6M) were the countries with the highest levels of imports in 2022, together accounting for 24% of global imports. Singapore, the United States, the Netherlands, Belgium, Canada, Greece, Honduras, the United Arab Emirates, Yemen and Hong Kong SAR lagged somewhat behind, together accounting for a further 36%.

In terms of the main importing countries, Yemen, with a CAGR of +56.2%, saw 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 2022, the average manifold business form import price amounted to $3,907 per ton, rising by 2.8% against the previous year. In general, the import price, however, continues to indicate a mild descent. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. As a result, import price attained the peak level of $4,457 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Netherlands ($7,591 per ton), while Yemen ($1,344 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Manifold Business Forms And Interleaved Carbon Sets

In 2022, overseas shipments of manifold business forms and interleaved carbon sets decreased by -1.5% to 12K tons, falling for the ninth year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 when exports increased by 0.5%. As a result, the exports attained the peak of 34K tons. From 2014 to 2022, the growth of the global exports failed to regain momentum.

In value terms, manifold business form exports reached $54M in 2022. Overall, exports saw a deep setback. Over the period under review, the global exports reached the peak figure at $120M in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports By Country

China was the major exporter of manifold business forms and interleaved carbon sets in the world, with the volume of exports recording 3.9K tons, which was approx. 31% of total exports in 2022. Germany (1,026 tons) ranks second in terms of the total exports with an 8.3% share, followed by Guatemala (8.2%), Slovakia (5.8%), Poland (5.6%), Malaysia (5.5%), Romania (5.2%) and France (4.7%). Sweden (488 tons), the United States (392 tons), the Czech Republic (244 tons), Belgium (226 tons) and Canada (213 tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -1.6% from 2012 to 2022. At the same time, Malaysia (+43.2%) and Slovakia (+8.3%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +43.2% from 2012-2022. Guatemala experienced a relatively flat trend pattern. By contrast, Sweden (-1.4%), Romania (-1.6%), France (-2.4%), Canada (-9.7%), Poland (-10.2%), Germany (-11.6%), the Czech Republic (-14.0%), the United States (-15.5%) and Belgium (-16.7%) illustrated a downward trend over the same period. China (+18 p.p.), Malaysia (+5.5 p.p.), Guatemala (+5.1 p.p.), Slovakia (+4.8 p.p.), Romania (+2.9 p.p.), France (+2.5 p.p.) and Sweden (+2.3 p.p.) significantly strengthened its position in terms of the global exports, while Germany, Belgium and the United States saw its share reduced by -2.2%, -2.4% and -3.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($13M), Germany ($8M) and France ($3.9M) appeared to be the countries with the highest levels of exports in 2022, with a combined 47% share of global exports. Guatemala, Slovakia, the United States, Romania, Poland, Malaysia, Sweden, Belgium, Canada and the Czech Republic lagged somewhat behind, together comprising a further 38%.

Malaysia, with a CAGR of +49.8%, recorded 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 global leaders experienced more modest paces of growth.

Export Prices By Country

The average manifold business form export price stood at $4,402 per ton in 2022, rising by 2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 an increase of 9.6% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,780 per ton), while Malaysia ($2,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform