Indonesia's Paper Industry Records 2.89% Contraction in 2021

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Viva Budy Kusnandar 12/04/2022 12:20 WIB

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Measured in 2010 constant prices (ADHK), the paper and paper product industry contracted by 2.89% to Rp78.06 trillion in 2021.

Value and Growth of GDP in the Paper and Paper Product Industry (2010-2021)

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Value and Growth of GDP in the Paper and Paper Product Industry (2010-2021)

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The 2021 Gross Domestic Product (GDP) of the paper and paper products industry at current prices reached Rp113.2 trillion. This figure represents 3.84% of the non-oil and gas manufacturing industry's GDP.

Measured at 2010 constant prices, the paper and paper products industry contracted by 2.89% to Rp78.06 trillion in 2021.

This performance was worse than the previous year, which still recorded 0.22% growth. This contraction was also the first in the last six years.

In terms of exports, the volume of paper and paper product exports decreased by 5.53% to 11.79 million tons in 2021 compared to the previous year.

However, the value of exports increased by 11.24% to US$7.6 billion due to rising commodity prices in the global market.

Indonesia's largest paper industry exports were pulp, with a volume of 6.32 million tons and a total value of US$3.28 billion, followed by tissue paper with a volume of 714,68 thousand tons and a value of US$839.14 million.

Indonesia's largest export market for pulp was China, with a volume of 4.97 million tons and a value of US$2.64 billion.

The largest export market for tissue paper was South Korea, with a volume of 98.26 thousand tons and a value of US$95.28 million.

(Also read: Non-Oil and Gas Processing, Transportation Equipment Industry Shows Highest Growth in 2021)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Paper Industry Records 2.89% Contraction in 2021

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