Southern Asia: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Southern Asia

The South Asian non-corrugated paper box market shrank modestly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Corrugated Paper Box Production in Southern Asia

In value terms, non-corrugated paper box production declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Non-Corrugated Paper Box Exports

Exports in Southern Asia

In 2022, shipments abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard increased by X% to X tons, rising for the seventh year in a row after two years of decline. In general, exports recorded prominent growth. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, non-corrugated paper box exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The growth pace was the most rapid in 2018 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

India prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Sri Lanka (X tons), mixing up a X% share of total exports. Pakistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the folding cartons, boxes and cases of non-corrugated paper or paperboard exports, with a CAGR of X% from 2012 to 2022. At the same time, Sri Lanka (X%) and Pakistan (X%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by X percentage points.

In value terms, India ($X) remains the largest non-corrugated paper box supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India totaled X%. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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 Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Non-Corrugated Paper Box Imports

Imports in Southern Asia

In 2022, supplies from abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, non-corrugated paper box imports reduced modestly to $X in 2022. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

India represented the largest importer of folding cartons, boxes and cases of non-corrugated paper or paperboard in Southern Asia, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Bangladesh (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%), Pakistan (X%) and Afghanistan (X%). Sri Lanka (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the folding cartons, boxes and cases of non-corrugated paper or paperboard imports, with a CAGR of X% from 2012 to 2022. At the same time, Nepal (X%), Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Sri Lanka experienced a relatively flat trend pattern. By contrast, Afghanistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Nepal increased by X and X percentage points, respectively.

In value terms, the largest non-corrugated paper box importing markets in Southern Asia were India ($X), Bangladesh ($X) and Nepal ($X), together comprising X% of total imports.

Among the main importing countries, Nepal, 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

In 2022, the import price in Southern Asia amounted to $X per ton, reducing by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price 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, non-corrugated paper box import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

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 Bangladesh ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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