Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States - 2023
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States (CIF) - 2023
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States (CIF) - 2023
In December 2023, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $47,201 per ton, surging by 10% against the previous month. Overall, import price indicated a mild increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for machinery; parts of machinery for making or finishing paper or paperboard increased by +51.9% against August 2023 indices. The pace of growth was the most pronounced in September 2023 when the average import price increased by 45% m-o-m. Over the period under review, average import prices reached the peak figure in December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($111K per ton), while the price for China ($15,493 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.6%), 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 United States (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $44,478 per ton, standing approx. at the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery; parts of machinery for making or finishing paper or paperboard increased by +17.1% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 27% against the previous year. As a result, the export price reached the peak level of $48,242 per ton. From 2019 to 2022, the average 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 Canada ($110,157 per ton), while the average price for exports to New Zealand ($8,175 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 Canada (+15.5%), 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 United States
In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into the United States dropped rapidly to 7.8K tons, which is down by -15.9% on the year before. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard declined to $256M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36%.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 92.3 | 21.9 | 51.0 | 56.1 | -15.3% |
| Germany | 37.7 | 49.3 | 66.3 | 44.0 | 5.3% |
| Canada | 40.5 | 35.0 | 30.9 | 34.4 | -5.3% |
| China | 25.0 | 13.5 | 17.4 | 22.9 | -2.9% |
| Switzerland | 17.7 | 15.8 | 15.2 | 20.8 | 5.5% |
| Italy | 22.9 | 16.9 | 29.5 | 18.0 | -7.7% |
| Sweden | 37.4 | 12.3 | 21.6 | 13.5 | -28.8% |
| Poland | 7.5 | 7.3 | 12.5 | 10.6 | 12.2% |
| Austria | 21.7 | 4.7 | 5.7 | 9.1 | -25.1% |
| Others | 24.5 | 23.0 | 21.4 | 26.6 | 2.8% |
| Total | 327 | 200 | 272 | 256 | -7.8% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to the United States in 2022:
- Finland (1791.3 tons)
- Germany (1094.2 tons)
- Canada (993.1 tons)
- China (894.3 tons)
- Italy (575.0 tons)
- Sweden (421.7 tons)
- Switzerland (382.2 tons)
- Austria (353.7 tons)
- Poland (353.2 tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States
After two years of decline, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard increased by 5.5% to 2.5K tons in 2022. Over the period under review, exports, however, recorded a abrupt contraction.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard totaled $112M in 2022. In general, exports, however, continue to indicate a deep reduction.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 59.4 | 56.5 | 48.6 | 50.8 | -5.1% |
| China | 15.2 | 11.3 | 16.2 | 11.9 | -7.8% |
| Mexico | 8.2 | 6.3 | 6.2 | 6.4 | -7.9% |
| Brazil | 3.9 | 2.4 | 2.6 | 4.6 | 5.7% |
| Japan | 5.0 | 2.4 | 2.4 | 3.5 | -11.2% |
| Germany | 3.3 | 2.8 | 1.3 | 2.4 | -10.1% |
| Finland | 2.4 | 2.6 | 2.1 | 2.1 | -4.4% |
| Colombia | 3.3 | 4.2 | 0.9 | 2.1 | -14.0% |
| Chile | 2.8 | 3.0 | 2.3 | 2.0 | -10.6% |
| France | 1.7 | 1.3 | 1.4 | 1.5 | -4.1% |
| United Kingdom | 2.1 | 1.4 | 1.6 | 1.4 | -12.6% |
| Peru | 0.2 | 0.3 | 0.3 | 0.6 | 44.2% |
| New Zealand | 0.8 | 0.5 | 0.6 | 0.5 | -14.5% |
| Others | 25.9 | 27.8 | 19.8 | 22.1 | -5.2% |
| Total | 134 | 123 | 106 | 112 | -5.8% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from the United States in 2022:
- Canada (461.1 tons)
- Mexico (438.6 tons)
- China (258.3 tons)
- Brazil (177.9 tons)
- Japan (167.2 tons)
- Germany (97.6 tons)
- United Kingdom (93.1 tons)
- Finland (77.4 tons)
- Colombia (72.7 tons)
- New Zealand (57.6 tons)
- France (47.7 tons)
- Chile (45.7 tons)
- Peru (40.9 tons)
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