China Graphic Papers Exports

In June 2023, approximately 258K tons of graphic papers were exported from China; declining by -7.2% compared with the previous month. Overall, exports saw a mild decline. The most prominent rate of growth was recorded in February 2023 when exports increased by 8.6% against the previous month. In value terms, graphic papers exports declined to $269M (IndexBox estimates) in June 2023. In general, exports saw a pronounced contraction. The pace of growth was the most pronounced in November 2022 when exports increased by 17% against the previous month.

 

COUNTRY Export Value of Graphic Papers in China (million USD)
Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
India 35.4 34.2 30.3 22.5 22.9 24.3 19.9 20.5 21.2 30.0 30.0 28.8 24.0
Mexico 14.5 20.1 11.1 16.4 10.6 20.8 14.9 21.0 15.5 19.4 14.8 14.3 15.3
Vietnam 20.5 14.1 15.6 12.5 17.7 18.7 24.1 15.3 23.9 24.6 19.3 16.9 13.9
Japan 12.0 13.3 12.0 9.8 7.3 9.8 10.1 12.9 15.4 15.4 10.7 13.9 12.2
United Arab Emirates 9.6 14.1 21.4 15.4 17.7 13.2 15.6 15.0 21.6 17.6 14.4 12.5 11.9
Turkey 35.2 13.2 12.0 6.4 9.0 10.7 13.3 15.7 14.2 14.9 11.6 16.0 8.9
South Korea 8.7 6.2 7.2 6.0 11.1 5.2 8.1 10.9 8.4 7.7 8.8 8.2 5.5
Others 212 236 207 173 172 210 197 174 176 209 198 194 177
Total 347 351 317 262 269 313 302 286 297 338 308 304 269

Exports by Country

India (22K tons), Mexico (15K tons) and Vietnam (13K tons) were the main destinations of graphic papers exports from China, with a combined 19% share of total exports. From June 2022 to June 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +2.4%), while the other leaders experienced mixed trend patterns. In value terms, the largest markets for graphic papers exported from China were India ($24M), Mexico ($15M) and Vietnam ($14M), together comprising 20% of total exports. These countries were followed by Japan, the United Arab Emirates, Turkey and South Korea, which together accounted for a further 14%. Among the main countries of destination, the United Arab Emirates, with a CAGR of +1.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Printing and writing paper (257K tons) was the largest type of graphic papers exported from China, with a 100% share of total exports. It was followed by newsprint (1.1K tons), with a 0.4% share of total exports. From June 2022 to June 2023, the average monthly growth rate of the volume of export of printing and writing paper stood at -1.4%. In value terms, printing and writing paper ($268M) remains the largest type of graphic papers exported from China, comprising 100% of total exports. The second position in the ranking was held by newsprint ($1.1M), with a 0.4% share of total exports. From June 2022 to June 2023, the average monthly growth rate of the export volume of printing and writing paper totaled -2.1%.

Export Prices by Country

In June 2023, the graphic papers price amounted to $1,043 per ton (FOB, China), dropping by -4.8% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 12% m-o-m. As a result, the export price reached the peak level of $1,280 per ton. From December 2022 to June 2023, the the average export prices remained at a lower figure. Average prices varied somewhat for the major foreign markets. In June 2023, the highest price was recorded for prices to Turkey ($1,199 per ton) and Russia ($1,140 per ton), while the average price for exports to the Philippines ($898 per ton) and Japan ($953 per ton) were amongst the lowest. From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Source: Indexbox

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