Paper industry Characteristics

Paper industry as an important basic raw material industry, occupies an important position in the national economy, paper industry relates to the country's economy, culture, production, national defense in all aspects, its products are used in culture, education, science and technology and many areas of the national economy. This article describes in detail the operation of China's paper industry in recent years, as well as paper and paperboard production and sales.

Paper industry, the main listed companies: At present, the domestic paper industry-related listed companies are Chenming Paper (000488), Mountain Eagle Paper (600567), Sun Paper (002078), Jingxing Paper (002067), Yueyang Linpaper (600963), Castle Peak Paper (600103) and so on.

This article's core data: the number of paper companies in China, paper and paperboard production, paper industry revenue, etc.

Industry consolidation to accelerate the elimination of enterprises

China is a traditional paper country, reform and opening up, along with the sustained and rapid development of the national economy, the Chinese paper industry has also gradually experienced from the early days of the paper industry. The industry is also gradually experiencing from the early capacity of decentralized, rough production process to the intensive development mode of transition. Through the introduction of technology and equipment combined with domestic innovation, China's paper industry, some of the best enterprises have been completed by the traditional paper industry to the transformation of modern paper industry, into the ranks of the world's advanced paper enterprises. At the same time, China has also become a global paper production and marketing power, total paper production and consumption has jumped to the world's first.

According to the China Paper Association statistics show that since 2014, the number of paper production enterprises above the scale of China as a whole has shown a shocking downward trend, as of the end of 2020, China's paper production enterprises above the scale of the data fell to 2,500, a reduction of more than 400 than in 2014.

Industry supply and demand synchronized rebound

According to the China Paper Association statistics show that since 2014, China's paper and paperboard production as a whole showed a shocking upward trend, the growth rate remained at a low level.2017, China's paper and paperboard production for the first time exceeded 11,000 million tons, hitting a new record high; in 2018, by the industry boom decline, the overall production declined slightly, to 2019, China's paper and paperboard production has rebounded, the cumulative output of 107.65 million tons, an increase of 3.16% year-on-year.

In 2020, China's paper and paperboard production continued to grow, reaching 112.6 million tons, a year-on-year increase of 4.6%, a new high.

Specific to each region, China's paper and paperboard production is mainly concentrated in Guangdong, Shandong, Zhejiang and Jiangsu and other coastal provinces. According to the China Paper Association statistics show that in 2019, Guangdong Province, paper and paperboard production of 18.64 million tons, ranked first; Shandong followed by 19.2 million tons of production; three or four Jiangsu Province and Zhejiang Province position swap, Jiangsu with 14.02 million tons of production to overtake Zhejiang.

Paper and paperboard consumption, according to the China Paper Association statistics show that since 2014, China's paper and paperboard production as a whole showed a shocking upward trend, the growth rate remained at a low level.2019, China's paper and paperboard consumption of 107.04 million tons, an increase of 2.54% compared with the previous year, the per capita annual consumption of 75 kg.

In 2020, China's paper and paperboard consumption hit a new high, annual consumption of 118.27 million tons, an increase of 10.49%.

Industry revenue continued to decline

2014-2017, China's paper-making enterprises above scale main business income steadily increased, since 2018, with the continued deepening of China's paper industry backward production capacity elimination and the impact of fluctuations in the price of raw materials, China's paper-making enterprises above scale main business income has decline, in 2020, the overall revenue of China's paper industry was 718.6 billion yuan, a year-on-year decline of 6.1%. In the statistics of the 2409

paper production enterprises, 527 loss-making enterprises, accounting for 21.88%.

The above data refer to the Analysis Report on Development Prospect and Investment Strategy Planning of China's Paper Industry by Prospective Industry Research Institute