Eastern Asia: Paper Tablecloths Market 2024

Paper Tablecloths Market Size in Eastern Asia

The East Asian paper tablecloths market declined to $X in 2023, with a decrease of X% against the previous year. Overall, consumption continues to indicate a mild curtailment. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Paper Tablecloths Production in Eastern Asia

In value terms, paper tablecloths production contracted to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Paper Tablecloths Exports

Exports in Eastern Asia

In 2023, exports of paper tablecloths and serviettes in Eastern Asia soared to X tons, with an increase of X% against the previous year's figure. In general, exports continue to indicate a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper tablecloths exports surged to $X in 2023. Overall, exports showed buoyant growth. The pace of growth appeared the most rapid in 2022 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

The shipments of the one major exporters of paper tablecloths and serviettes, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the paper tablecloths and serviettes exports, with a CAGR of X% from 2012 to 2023. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest paper tablecloths supplier in Eastern Asia.

In China, paper tablecloths exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, with a decrease of X% against the previous year. Export price indicated a mild expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, paper tablecloths export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Paper Tablecloths Imports

Imports in Eastern Asia

In 2023, purchases abroad of paper tablecloths and serviettes increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports, however, saw a noticeable setback. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, paper tablecloths imports expanded markedly to $X in 2023. In general, imports, however, showed a slight decrease. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Hong Kong SAR (X tons) represented the main importer of paper tablecloths and serviettes, generating X% of total imports. It was distantly followed by Japan (X tons), China (X tons), Taiwan (Chinese) (X tons) and Macao SAR (X tons), together achieving a X% share of total imports. South Korea (X tons) followed a long way behind the leaders.

Hong Kong SAR was also the fastest-growing in terms of the paper tablecloths and serviettes imports, with a CAGR of X% from 2012 to 2023. At the same time, China (X%) and South Korea (X%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (X%), Macao SAR (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Hong Kong SAR and China increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Hong Kong SAR, paper tablecloths imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Japan (X% per year) and China (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform