Asia-Pacific: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Asia-Pacific

The Asia-Pacific paper tablecloths market shrank to $X in 2023, reducing by X% against the previous year. Overall, consumption recorded a slight reduction. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Paper Tablecloths Production in Asia-Pacific

In value terms, paper tablecloths production declined slightly to $X in 2023 estimated in export price. Overall, production showed a mild decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Paper Tablecloths Exports

Exports in Asia-Pacific

In 2023, approx. X tons of paper tablecloths and serviettes were exported in Asia-Pacific; picking up by X% compared with the previous year's figure. Overall, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper tablecloths exports rose notably to $X in 2023. In general, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2022 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Exports by Country

China dominates exports structure, recording X tons, which was near X% of total exports in 2023. It was distantly followed by Vietnam (X tons), constituting an X% share of total exports. Indonesia (X tons), Malaysia (X tons) and Thailand (X tons) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to paper tablecloths exports from China stood at X%. At the same time, Vietnam (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and China (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper tablecloths supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Paper Tablecloths Imports

Imports in Asia-Pacific

In 2023, overseas purchases of paper tablecloths and serviettes increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.

In value terms, paper tablecloths imports fell slightly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2022, and then declined slightly in the following year.

Imports by Country

Australia was the major importing country with an import of about X tons, which reached X% of total imports. Hong Kong SAR (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%), Thailand (X%), New Zealand (X%) and Malaysia (X%). Japan (X tons), China (X tons), Taiwan (Chinese) (X tons), Maldives (X tons) and Brunei Darussalam (X tons) took a little share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Malaysia (X%), Maldives (X%), Brunei Darussalam (X%), Hong Kong SAR (X%), Singapore (X%), Thailand (X%) and China (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. By contrast, New Zealand (X%), Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Hong Kong SAR, Malaysia, Singapore, Thailand and Maldives increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported paper tablecloths and serviettes in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was New Zealand ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform