Fujian Paper Industry in 2020: Output Edges Down as Linerboard and Corrugated Medium Lead
Fujian's Paper and Paperboard Output Moves Up in a Volatile Pattern
According to the provincial statistics bureau, Fujian's paper industry had 466 enterprises at the end of December 2020. This total included four pulp manufacturers, one more than a year earlier; 134 papermaking companies, six more; and 328 paper products firms, three more. From 2016 to 2019, the number of above-scale paper enterprises in the province continued to grow steadily.
In terms of production scale, Fujian's paper and paperboard output has broadly trended upward with fluctuations since 2016. According to the Fujian Paper Industry Association, major product output in the province's paper sector has reached 8.051 million tonnes since 2019, a recent high; by 2020, full-year paper and paperboard output was 7.985 million tonnes, down 0.82% year on year.
On product mix, linerboard and corrugated medium form the two main pillars of Fujian's paper industry. In 2020, corrugated medium output reached 1.7513 million tonnes, accounting for 21.93% of the province's total paper and paperboard output; linerboard output was 2.1928 million tonnes, or 27.46%. Other product categories each represented less than 10%.
In the competitive landscape, Liansheng Paper ranked first in the province in 2020 with 2.0590 million tonnes. Nine Dragons Paper and Shanying South China Paper followed in second and third places, with paper and paperboard output of 1.2 million tonnes and 0.7897 million tonnes, respectively.
Operating Performance Records a Modest Pullback
In terms of operating performance, the main business revenue and total profit of Fujian's paper industry have fluctuated upward since 2017. In 2020, amid the pandemic, the province's paper sector posted revenue of 124.63 billion yuan, down 1.8% year on year, and total profit of 9.8 billion yuan, down 0.8%.
——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378637.html
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