Europe: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Europe

The Europe paper bag machine market rose rapidly to $X in 2023, picking up by X% against the previous year. The total consumption indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Paper Bag Machine Production in Europe

In value terms, paper bag machine production contracted to $X in 2023 estimated in export price. The total production indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Paper Bag Machine Exports

Exports in Europe

In 2023, shipments abroad of machines for making bags, sacks or envelopes of paper or paperboard decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2022, and then shrank in the following year.

In value terms, paper bag machine exports dropped slightly to $X in 2023. Total exports indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany represented the main exporting country with an export of around X units, which reached X% of total exports. France (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%). The Netherlands (X units), Spain (X units), the Czech Republic (X units), Poland (X units), the UK (X units), Serbia (X units) and Belgium (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%), France (X%), Italy (X%), the UK (X%), Serbia (X%), Spain (X%) and Belgium (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Italy (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest paper bag machine supplier in Europe, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

In Germany, paper bag machine exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per unit, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Paper Bag Machine Imports

Imports in Europe

For the third year in a row, Europe recorded growth in purchases abroad of machines for making bags, sacks or envelopes of paper or paperboard, which increased by X% to X units in 2023. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the near future.

In value terms, paper bag machine imports rose remarkably to $X in 2023. Overall, imports showed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

In 2023, Germany (X units), distantly followed by Russia (X units), Serbia (X units), the UK (X units), France (X units), Italy (X units) and Poland (X units) were the major importers of machines for making bags, sacks or envelopes of paper or paperboard, together achieving X% of total imports. The following importers - Romania (X units), Spain (X units), Croatia (X units), the Czech Republic (X units), Portugal (X units) and Denmark (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Poland, Russia, the UK, Serbia, Spain, Romania, Croatia, Portugal, the Czech Republic and Denmark lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2023, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform