Taiwan Paper Production Hits Six-Year Low; Industry Association Aims for Growth Rebound in 2024

Reported 9 months ago

According to the Paper Association's 2023 annual report released on June 27, 2024, Taiwan's paper and paperboard production in 2023 dropped to a near six-year low due to various challenges like interest rate hikes, geopolitical tensions, and weak demand, with total production at 4.09 million metric tons, a 3.6% decrease from the previous year. Despite this, the association is optimistic about steady growth in the paper industry in 2024 as the economy recovers. The association emphasizes the importance of transitioning to a low-carbon and intelligent industry for the future.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis