A4 imports slumped to a record low in December
Imports of A4 White Copy Paper slumped to their lowest recorded monthly volume in December 2018, plummeting to just 879 tonnes. On an annualized basis, imports continue to plunge, collapsing to 28,790 tonnes for the 2018 calendar year.
The chart below shows the incredible change in fortunes for A4 White imports, which just three years ago were riding high at an annualized 110,655 tonnes – and that was after coming off their peak recorded in the middle of 2015.
As a general rule – and it holds true for 2018 – expectations are that cut size office papers are experiencing relatively slow consumption declines, compared with other grades of printing and communication papers.
In a market that has declined to perhaps 180,000 tonnes per annum in 2018 (our detailed assessment was that in 2017-18, the market totalled186,700 tonnes), the local producer’s market share is growing by the day.
Published in Pulp & Paper Edge, February 2018