Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $15,731 per ton, jumping by 31% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 96%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($46,913 per ton), while the price for the Netherlands ($3,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $23,715 per ton, falling by -2% against the previous year. Over the period under review, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 69%. The export price peaked at $24,492 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($84,329 per ton), while the average price for exports to Canada ($7,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK

In 2022, approx. 2.3K tons of machinery; parts of machinery for making or finishing paper or paperboard were imported into the UK; surging by 55% on the previous year. In general, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.1% against 2020 indices.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $37M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.09.15.811.022.4%
Italy2.42.22.05.229.4%
Finland1.31.51.13.539.1%
Sweden0.73.80.33.164.2%
United States2.81.93.02.3-6.3%
Switzerland0.40.81.32.173.8%
Japan0.10.1N/A1.7157.1%
Austria0.80.51.11.214.5%
Netherlands1.01.11.41.13.2%
India0.1N/AN/A1.1122.4%
Spain0.80.60.40.94.0%
Czech Republic0.10.5N/A0.344.2%
Others2.42.31.43.18.9%
Total18.924.418.136.624.6%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to the UK in 2022:

  1. Germany (642.4 tons)
  2. Italy (413.6 tons)
  3. Netherlands (286.3 tons)
  4. Sweden (227.1 tons)
  5. India (166.5 tons)
  6. United States (92.5 tons)
  7. Switzerland (83.2 tons)
  8. Finland (75.5 tons)
  9. Czech Republic (72.3 tons)
  10. Spain (55.8 tons)
  11. Austria (52.4 tons)
  12. Japan (48.7 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK

In 2022, approx. 1.1K tons of machinery; parts of machinery for making or finishing paper or paperboard were exported from the UK; which is down by -10.2% on 2021. In general, exports saw a slight downturn. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, the exports reached the peak of 1.2K tons, and then contracted in the following year.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard shrank to $25M in 2022. Overall, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $29M, and then dropped in the following year.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.13.07.13.215.1%
Germany1.71.82.93.223.5%
Italy2.62.01.92.2-5.4%
Indonesia1.71.32.11.6-2.0%
United States0.50.60.91.647.4%
Turkey0.60.50.61.226.0%
Netherlands0.20.10.71.071.0%
Poland1.40.60.71.0-10.6%
Austria0.81.00.61.07.7%
Spain0.30.80.70.944.2%
South Africa0.40.90.80.720.5%
Finland0.91.00.80.4-23.7%
Canada0.40.10.30.2-20.6%
Others14.27.38.97.2-20.3%
Total27.921.029.025.5-3.0%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from the UK in 2022:

  1. Germany (388.6 tons)
  2. Italy (115.4 tons)
  3. France (91.9 tons)
  4. Spain (65.8 tons)
  5. Austria (60.3 tons)
  6. Netherlands (39.3 tons)
  7. Finland (36.0 tons)
  8. Turkey (30.3 tons)
  9. United States (29.4 tons)
  10. Canada (26.5 tons)
  11. South Africa (24.5 tons)
  12. Poland (24.2 tons)
  13. Indonesia (18.8 tons)

Source: IndexBox Market Intelligence Platform

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