Indonesia: Folding Boxboard Market 2024

Folding Boxboard Market Size in Indonesia

In 2022, the Indonesian folding boxboard market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Folding boxboard consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Folding Boxboard Production in Indonesia

In value terms, folding boxboard production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded 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.

Folding Boxboard Exports

Exports from Indonesia

In 2022, after two years of growth, there was significant decline in overseas shipments of folding boxboard, when their volume decreased by X% to X tons. Overall, total exports indicated perceptible growth from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell remarkably in the following year.

In value terms, folding boxboard exports reduced to $X in 2022. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its value 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Vietnam (X tons) was the main destination for folding boxboard exports from Indonesia, accounting for a X% share of total exports. Moreover, folding boxboard exports to Vietnam exceeded the volume sent to the second major destination, Thailand (X tons), fourfold. Turkey (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Turkey (X% per year).

In value terms, Vietnam ($X) remains the key foreign market for folding boxboard exports from Indonesia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average folding boxboard export price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Folding Boxboard Imports

Imports into Indonesia

In 2022, supplies from abroad of folding boxboard increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, folding boxboard imports soared to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Thailand (X tons) were the main suppliers of folding boxboard imports to Indonesia, with a combined X% share of total imports. Singapore, Vietnam, India, Finland, Taiwan (Chinese) and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest folding boxboard suppliers to Indonesia were China ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average folding boxboard import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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