IndexBox has just published a new report: ‘World – Printing and Writing Paper – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.
Digitalization has put pressure on the world’s trade of printing and writing paper. Over the past decade, global imports of printing and writing paper dropped from 47M tonnes in 2010 to 31M tonnes in 2020. In value terms, imports declined to $27.6B. The U.S., Germany and France remain the largest importers of printing and writing paper worldwide. China features as the only county that boosted its paper imports last year. In 2020, the average printing and writing paper import price fell by -3.2% y-o-y to $899 per tonne 2020. Germany, Indonesia, Finland and Sweden constitute the largest exporters of printing and writing paper.
Global Imports of Printing and Writing Paper
Under the pressure of digitalization, global imports of printing and writing paper dropped from 47M tonnes in 2010 to 31M tonnes in 2020, a decrease of -34%. In value terms, imports reduced from $34.4B in 2019 to $27.6B (IndexBox estimates) in 2020.
Germany (3.3M tonnes) and the U.S. (3.2M tonnes) represented the major importers of printing and writing paper in 2020, accounting for approx. 11% and 10% of total imports, respectively. France (1.9M tonnes) took a 6.3% share (based on tonnes) of total imports, which put it in second place, followed by the UK (5.3%) and China (4.9%). Italy (1,145K tonnes), Poland (1,009K tonnes), Turkey (813K tonnes), Japan (690K tonnes), Singapore (649K tonnes), India (628K tonnes), Spain (598K tonnes) and the Netherlands (545K tonnes) followed a long way behind the leaders.
In value terms, the largest printing and writing paper importing markets worldwide were the U.S. ($2.9B), Germany ($2.8B) and France ($1.7B), together comprising 27% of global imports. The UK, China, Italy, Poland, Spain, Turkey, Japan, the Netherlands, Singapore and India lagged somewhat behind, comprising a further 29%.
Among the largest importers, China was the only country that increased purchases of printing and writing paper from abroad. The value of Chinese purchases rose from $0.9B in 2019 to $1.2B in 2020.
The average printing and writing paper import price stood at $899 per tonne in 2020, reducing by -3.2% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($1,186 per tonne), while India ($749 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.
World’s Largest Suppliers of Printing and Writing Paper
Germany (4.2M tonnes), Indonesia (3.2M tonnes), Finland (2.7M tonnes), Sweden (2.2M tonnes), China (1.8M tonnes), Canada (1.8M tonnes), Austria (1.6M tonnes), Portugal (1.3M tonnes), Brazil (1.2M tonnes), South Korea (1.1M tonnes), the U.S. (1.1M tonnes) and Italy (1M tonnes) represented roughly 75% of total exports of printing and writing paper in 2020. The Netherlands (794K tonnes) followed a long way behind the leaders.
In value terms, the largest printing and writing paper supplying countries worldwide were Germany ($3.8B), Finland ($2.3B) and Indonesia ($2.1B), together comprising 30% of global exports. China, Sweden, Canada, Austria, the U.S., Portugal, Italy, South Korea, Brazil and the Netherlands lagged somewhat behind, accounting for a further 45%.
Source: IndexBox Platform