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Analysis of the Paper Industry Market in March 2024

Overall analysis of corrugated paper import and export data
In March 2024, the import volume of corrugated paper was 362000 tons, a month on month increase of 72.6% and a year-on-year increase of 12.9%; The import amount is 134.568 million US dollars, with an average import price of 371.6 US dollars per ton, a month on month ratio of -0.6% and a year-on-year ratio of -6.5%. The cumulative import quantity of corrugated paper from January to March 2024 was 885000 tons, a year-on-year increase of+8.3%. In March 2024, the export volume of corrugated paper was about 4000 tons, with a month on month ratio of -23.3% and a year-on-year ratio of -30.1%; The export amount is 4.591 million US dollars, with an average export price of 1103.2 US dollars per ton, a month on month increase of 15.9% and a year-on-year decrease of 3.2%. The cumulative export quantity of corrugated paper from January to March 2024 was about 20000 tons, a year-on-year increase of+67.0%. Imports: In March, the import volume slightly increased compared to the previous month, with a growth rate of 72.6%. This was mainly due to the slow recovery of market demand after the holiday, and traders had expectations for improvement in downstream consumption, resulting in an increase in imported corrugated paper. Export: The month on month export volume in March decreased by 23.3%, mainly due to weaker export orders.

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Analysis Report on Monthly Export Data of Household Paper
In March 2024, China’s export of household paper reached approximately 121500 tons, an increase of 52.65% month on month and 42.91% year-on-year. The cumulative export volume from January to March 2024 was about 313500 tons, an increase of 44.3% compared to the same period last year. Exports: The export volume continued to increase in March, mainly due to slightly light transactions in the domestic household paper market, increased inventory pressure on domestic paper companies, and the main leading paper companies increasing exports. In March 2024, according to the statistics of production and sales countries, the top five countries for China’s household paper exports were Australia, the United States, Japan, Hong Kong, and Malaysia. The total export volume of these five countries is 64400 tons, accounting for approximately 53% of the total import volume for the month. In March 2024, China’s export volume of household paper was ranked by the name of the registered place, with the top five being Guangdong Province, Fujian Province, Shandong Province, Hainan Province, and Jiangsu Province. The total export volume of these five provinces is 91500 tons, accounting for 75.3%.


Post time: Apr-26-2024