Eastern Asia: Register Book Market 2024

Register Book Market Size in Eastern Asia

In 2023, the East Asian register book market decreased by X% to $X, falling for the third consecutive year after four years of growth. Over the period under review, consumption continues to indicate a slight decrease. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a lower figure.

Register Book Production in Eastern Asia

In value terms, register book production contracted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Register Book Exports

Exports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in shipments abroad of registers, account books, order books and receipt books, which increased by X% to X tons in 2023. Total exports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2023 and is likely to see steady growth in the immediate term.

In value terms, register book exports stood at $X in 2023. Total exports indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the near future.

Exports by Country

China prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2023. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the registers, account books, order books and receipt books exports, with a CAGR of X% from 2012 to 2023. South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest register book supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, which is down by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2023, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Register Book Imports

Imports in Eastern Asia

In 2023, approx. X tons of registers, account books, order books and receipt books were imported in Eastern Asia; waning by X% compared with 2022 figures. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, register book imports dropped slightly to $X in 2023. In general, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Japan represented the largest importer of registers, account books, order books and receipt books in Eastern Asia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. It was distantly followed by Hong Kong SAR (X tons), South Korea (X tons) and China (X tons), together generating a X% share of total imports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

Imports into Japan decreased at an average annual rate of X% from 2012 to 2023. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2023. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, China (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Korea, Japan, China and Taiwan (Chinese) increased by X, X, X and X percentage points, respectively.

In value terms, the largest register book importing markets in Eastern Asia were Japan ($X), South Korea ($X) and Hong Kong SAR ($X), with a combined X% share of total imports.

South Korea, with a CAGR of X%, recorded 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 mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices reached the peak figure in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Hong Kong SAR ($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.

Source: IndexBox Platform