ASEAN: Filter Paper Market 2024

Filter Paper Market Size in ASEAN

The ASEAN filter paper market rose remarkably to $X in 2022, increasing by X% against the previous year. Overall, consumption showed strong growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Filter Paper Production in ASEAN

In value terms, filter paper production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production saw prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Filter Paper Exports

Exports in ASEAN

In 2022, exports of filter paper and paperboard cut to shape in ASEAN dropped slightly to X tons, stabilizing at 2021 figures. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, filter paper exports reduced slightly to $X in 2022. Over the period under review, exports, however, showed mild growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. Malaysia (X tons) held the second position in the ranking, followed by Cambodia (X tons) and Myanmar (X tons). All these countries together took approx. X% share of total exports. Vietnam (X tons) and Thailand (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to filter paper exports from Singapore stood at X%. At the same time, Cambodia (X%), Myanmar (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. Singapore (X p.p.), Cambodia (X p.p.), Myanmar (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest filter paper supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a perceptible slump. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Filter Paper Imports

Imports in ASEAN

In 2022, filter paper imports in ASEAN skyrocketed to X tons, jumping by X% against the year before. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, filter paper imports rose rapidly to $X in 2022. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of filter paper imports in 2022 were Indonesia (X tons), Cambodia (X tons), Singapore (X tons), Malaysia (X tons), Myanmar (X tons) and the Philippines (X tons), together finishing at X% of total import. It was distantly followed by Thailand (X tons), committing a X% share of total imports.

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

In value terms, the largest filter paper importing markets in ASEAN were Singapore ($X), Indonesia ($X) and Thailand ($X), together accounting for X% of total imports. The Philippines, Malaysia, Cambodia and Myanmar lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Cambodia, with a CAGR of X%, recorded 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

The import price in ASEAN stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Myanmar ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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