South-Eastern Asia: Corrugated Paper Box Market 2024

Corrugated Paper Box Market Size in South-Eastern Asia

The Southeast Asian corrugated paper box market declined slightly to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Corrugated Paper Box Production in South-Eastern Asia

In value terms, corrugated paper box production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Corrugated Paper Box Exports

Exports in South-Eastern Asia

Corrugated paper box exports dropped to X tons in 2022, waning by X% against the previous year. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, corrugated paper box exports dropped slightly to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

Malaysia (X tons) and Vietnam (X tons) represented the major exporters of cartons, boxes and cases of corrugated paper or paperboard in 2022, amounting to near X% and X% of total exports, respectively. It was distantly followed by Singapore (X tons), Thailand (X tons) and Indonesia (X tons), together committing a X% share of total exports. The Philippines (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Malaysia ($X) and Singapore ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Thailand, Indonesia and the Philippines lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia ($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.

Corrugated Paper Box Imports

Imports in South-Eastern Asia

In 2022, the amount of cartons, boxes and cases of corrugated paper or paperboard imported in South-Eastern Asia reached X tons, almost unchanged from 2021. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, corrugated paper box imports totaled $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The countries with the highest levels of corrugated paper box imports in 2022 were Cambodia (X tons), Vietnam (X tons), Indonesia (X tons), Singapore (X tons), Thailand (X tons), Malaysia (X tons), Lao People's Democratic Republic (X tons) and the Philippines (X tons), together finishing at X% of total import.

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

In value terms, the largest corrugated paper box importing markets in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports. Singapore, Malaysia, the Philippines, Cambodia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of 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

The import price in South-Eastern Asia stood at $X per ton in 2022, approximately mirroring the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Lao People's Democratic Republic ($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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