Global Paper Making Machinery Market 2024

Paper Making Machinery Market Size

The global paper making machinery market declined slightly to $X in 2023, therefore, remained relatively stable against the previous year. In general, consumption recorded a mild decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the global market remained at a somewhat lower figure.

Paper Making Machinery Production

In value terms, paper making machinery production declined slightly to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2023, global production growth remained at a somewhat lower figure.

Paper Making Machinery Exports

Exports

In 2023, the amount of machinery for making up paper pulp, paper or paperboard exported worldwide soared to X units, rising by X% against the previous year's figure. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. The global exports peaked in 2023 and are likely to see steady growth in the near future.

In value terms, paper making machinery exports expanded remarkably to $X in 2023. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded 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 global exports failed to regain momentum.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. X% of total exports in 2023. It was distantly followed by Italy (X units), mixing up a X% share of total exports. The following exporters - Germany (X units), the United States (X units) and Taiwan (Chinese) (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the machinery for making up paper pulp, paper or paperboard exports, with a CAGR of X% from 2012 to 2023. At the same time, the United States (X%) and Germany (X%) displayed positive paces of growth. By contrast, Italy (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the global exports, while Germany, Taiwan (Chinese) and Italy saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paper making machinery supplying countries worldwide were Italy ($X), China ($X) and Germany ($X), together accounting for X% of global exports.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average paper making machinery export price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X%. The global export price peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

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

Paper Making Machinery Imports

Imports

In 2023, supplies from abroad of machinery for making up paper pulp, paper or paperboard increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, total imports indicated buoyant growth from 2012 to 2023: its volume 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper making machinery imports stood at $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Global imports peaked in 2023 and are expected to retain growth in the near future.

Imports by Country

The United States represented the key importer of machinery for making up paper pulp, paper or paperboard in the world, with the volume of imports recording X units, which was approx. X% of total imports in 2023. It was distantly followed by Nigeria (X units), committing a X% share of total imports. Vietnam (X units), Thailand (X units), Indonesia (X units), India (X units), Russia (X units), Canada (X units), Germany (X units), Turkey (X units), Spain (X units), South Korea (X units) and Italy (X units) took a little share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, Vietnam (X%), Nigeria (X%), Canada (X%), Thailand (X%), Spain (X%), South Korea (X%), Russia (X%), Italy (X%), India (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) and Indonesia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States, Nigeria and Vietnam increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported machinery for making up paper pulp, paper or paperboard worldwide, comprising X% of global imports. The second position in the ranking was held by India ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: India (X% per year) and Germany (X% per year).

Import Prices by Country

The average paper making machinery import price stood at $X per unit in 2023, flattening at the previous year. Overall, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform