Malaysia: Paper Articles Market 2024

Paper Articles Market Size in Malaysia

The Malaysian paper articles market expanded slightly to $X in 2023, picking up by X% against the previous year. In general, consumption, however, recorded a buoyant expansion. Paper articles consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Paper Articles Production in Malaysia

In value terms, paper articles production rose notably to $X in 2023 estimated in export price. Overall, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Paper Articles Exports

Exports from Malaysia

In 2023, shipments abroad of boxes, pouches, wallets and writing compendiums of paper was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a abrupt decrease. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports failed to regain momentum.

In value terms, paper articles exports skyrocketed to $X in 2023. Overall, exports, however, continue to indicate a noticeable descent. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Singapore (X tons) and Brunei Darussalam (X tons) were the main destinations of paper articles exports from Malaysia, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X), the United States ($X) and Brunei Darussalam ($X) were the largest markets for paper articles exported from Malaysia worldwide, with a combined X% share of total exports.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average paper articles export price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Articles Imports

Imports into Malaysia

In 2023, purchases abroad of boxes, pouches, wallets and writing compendiums of paper decreased by X% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, paper articles imports fell to $X in 2023. In general, imports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then fell in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest paper articles supplier to Malaysia, with a X% share of total imports. Moreover, paper articles imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of boxes, pouches, wallets and writing compendiums of paper to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2023, the average paper articles import price amounted to $X per ton, surging by X% against the previous year. In general, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked in 2023 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform