Paper Cups Price Trend and Forecast

Paper Cups Regional Price Overview

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

Paper Cups Price Trend for the Year 2023

Paper Cup prices were observed to be oscillating throughout the said period of the year 2023. Paper cup prices usually depend on the feedstock paper and paper pulp prices. During the first half of the year, the prices mostly tilted downwards as the rapid digitization severely affected the growth of paper consumption from the writing and printing industries.
 

Paper Cups Price Chart

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This reduced the upstream cost pressure a little and dwindled the paper cup price trend by impacting their manufacturing costs. However, around the fourth quarter, as the paper demands rose around the festival seasons, the upstream costs too started surging as the downstream consumption rose from the packaging and shipping industries.

The biodegradability associated with paper also helped popularize paper cups; however, these cups have a very thin layer of plastic in them to increase their efficiency. Albeit a rising demand trajectory is being seen for the paper cups which is pushing the price curve in a positive direction, however, the extensive fall in feedstock paper prices is causing it to recede again. Overall, the price trend was observed to remain afloat during the year 2023.

Analyst Insight

According to Procurement Resource, not much change is anticipated in the paper cup market trends going forward as well. The prices are expected to totter around a similar trajectory.
 

Paper Cups Price Trend for the Second Half of 2022

The worldwide commerce of goods related to forests has been negatively impacted by the current economic and political dynamics. The price of pulp and consequently, products related to paper, reached previously unheard-of heights as a result of double-digit inflation, rising operating costs, and the approaching prospect of a recession.

Paper cups' costs increased along with a rise in demand as a result of India's impending ban on single-use plastics. Paper cups are 50% more expensive than single-use plastic cups. At the beginning of the third quarter, the prices saw an exponential rise. As a result, throughout the aforementioned time, the price trend for paper cups remained on the stronger side of the scale.

Analyst Insight

Given the current market dynamics the prices of paper cups are expected to increase in the coming months. The rise in demand for paper cups in the market is the major driver of the prices.
 

Paper Cups Price Trend for the First Half of 2022

With the current economic and political dynamics, the international trade of forest-related products has been affected adversely. The double-digit inflation amid the surging operating costs and the looming threat of recession caused the pulp prices and thus, paper-related products to reach unprecedented highs. The prices of hardwood pulp averaged 6986 RMB/MT (April) in the Chinese domestic market.

With the upcoming single-use plastic ban in India, the prices of paper cups shot up with an increase in demand. The price of paper cups is 50% costlier than single-use plastic cups. One pack of 50 paper cups which cost 120 INR at the beginning of June surged to 150 INR at the end of the month. Hence, the price trend of paper cups remained on the stronger side of the scale throughout the said period.

Procurement Resource provides latest prices of Paper Cups. 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.