China's paper market scale to hit 1.5T yuan by 2015; new annual demand for pulp during 2011-2015 forecast at 11.3 million tonnes for hardwood pulp, 3.8 million tonnes for softwood pulp, with 46 million tonnes of new paper capacity coming onstream
Debra Garcia
BEIJING
,
July 17, 2013
(China Paper Online)
–
Based on statistics in 2013-2017 Chinese Paper Sector Growth Perspectives and Investment Planning analysis, in 2011, in China there were 2620 paper firms with 708522 staffs, up 5.65% year on year. Total Asset and total liability was 698.989 yuan and 412.947 yuan respectively. The sector posted 671.412 billion yuan of sales income, up 21.54% year on year. It posted 680.91 billion yuan of industrial value. The sector posted 69.962 billion yuan of sales income in paper products, up 17.95% year on year and posted 36.213 billion yuan of total profits, up 6.2 % year on year. It is expected by 2015 the market scale of China’s paper industry will hit 1.5 trillion yuan.
Currently most China’s domestic paper firms need to import most of their raw materials. In 2012 the earthquake in Chile affected 8% of the world market pulp supply and 14% of pulp to be imported by China from Chile was affected. The strike in Finland and the earthquake sparkled price hikes of specialty paper in international market. Some of the grades saw price peak in nearly a decade.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.