ASEAN: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in ASEAN

The ASEAN paper moulding machine market expanded remarkably to $X in 2023, with an increase of X% against the previous year. Overall, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Paper Moulding Machine Production in ASEAN

In value terms, paper moulding machine production totaled $X in 2023 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Paper Moulding Machine Exports

Exports in ASEAN

In 2023, exports of machines for moulding articles in paper pulp, paper or paperboard in ASEAN soared to X units, jumping by X% compared with the previous year's figure. In general, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a lower figure.

In value terms, paper moulding machine exports surged to $X in 2023. Overall, exports continue to indicate a pronounced expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Malaysia dominates exports structure, resulting at X units, which was near X% of total exports in 2023. It was distantly followed by Singapore (X units) and Indonesia (X units), together generating a X% share of total exports. Thailand (X units) and Vietnam (X units) followed a long way behind the leaders.

Malaysia was also the fastest-growing in terms of the machines for moulding articles in paper pulp, paper or paperboard exports, with a CAGR of X% from 2012 to 2023. Thailand (X%), Indonesia (X%), Singapore (X%) and Vietnam (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Thailand (X p.p.), Vietnam (X p.p.), Indonesia (X p.p.) and Singapore (X p.p.) displayed negative dynamics.

In value terms, Malaysia ($X) emerged as the largest paper moulding machine supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Malaysia, paper moulding machine exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2023, the export prices failed to regain momentum.

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 Thailand ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Paper Moulding Machine Imports

Imports in ASEAN

Paper moulding machine imports soared to X units in 2023, growing by X% compared with 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, paper moulding machine imports soared to $X in 2023. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Thailand was the largest importer of machines for moulding articles in paper pulp, paper or paperboard in ASEAN, with the volume of imports resulting at X units, which was approx. X% of total imports in 2023. Indonesia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%) and Malaysia (X%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported machines for moulding articles in paper pulp, paper or paperboard in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

In Indonesia, paper moulding machine imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2023, the import price in ASEAN amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform