Paper Scrap Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Paper Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Paper Scrap Price Trend for the Second Half of 2023

Paper scrap prices were observed to be declining throughout the said period of the last two quarters of 2023. India, though, remained the top buyer of the US’s recovered paper; a 27% decline in the purchase volume was observed in the third quarter compared to the previous year. A total decline of about 17% was seen in the total global paper scrap export from the USA.

Paper Scrap Price Chart

Please Login or Subscribe to Access the Paper Scrap Price Chart Data
 

This was the case with all the top 10 importers of paper scrap from the United States. Only Thailand maintained its import volumes. Domestic wastepaper prices in India, too, took a massive hit amidst a declining demand. As more and more paper intensive processes are getting digitized, consumption seems to be falling. Overall, a receding price trajectory was observed in H2’23.

Analyst Insight

According to Procurement Resource, the Paper Scrap price trends are likely to fall further going forward given the current consumption patterns.

Paper Scrap Price Trend for the First Half of 2023

The prices of paper scrap were supported by the high rates of exports from the US. The rates of export increased as the demand for paper scrap reached new highs in certain nations. In Thailand alone, the rise in the percentage incline in demand was almost around 120 percent.

In Asian countries, however, the demand for paper scrap fluctuated, especially during the second quarter of 2023. The traders expected a rise in demand for paper scrap in this quarter, but the packaging industry performed weakly, producing tepid demand and hampering the growth of sales amid the slump in the property market.

In the China region, the manufacturing units resumed their rates of production after the long stretch of COVID restrictions and the Lunar New Year holidays, but with low procurement from the downstream sectors both in the domestic and international regions, the prices of paper scrap suffered adversely.

Analyst Insight

According to Procurement Resource, the price trend of Paper Scrap is expected to showcase an oscillating trajectory owing to the fluctuating market demand and slow recovery from the aftereffects of the pandemic and geopolitical conflicts on the global markets.

Procurement Resource provides latest prices of Paper Scrap. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.