EU: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in the EU

The EU reel cutting slitter market declined modestly to $X in 2023, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Reel Cutting Slitter Production in the EU

In value terms, reel cutting slitter production contracted modestly to $X in 2023 estimated in export price. Overall, production, however, saw a slight decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Reel Cutting Slitter Exports

Exports in the EU

In 2023, shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, reel cutting slitter exports surged to $X in 2023. Total exports indicated perceptible growth 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, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

In 2023, Germany (X units) represented the key exporter of combined reel slitting and re-reeling cutting machines for paper and paperboard, generating X% of total exports. Italy (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%) and Spain (X%). The following exporters - Poland (X units), France (X units), Belgium (X units), Denmark (X units), the Czech Republic (X units), Finland (X units) and Sweden (X units) - together made up X% of total exports.

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

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. The Netherlands, Poland, Denmark, Belgium, France, Finland, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Denmark ($X per unit), while the Czech Republic ($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.

Reel Cutting Slitter Imports

Imports in the EU

In 2023, reel cutting slitter imports in the European Union reduced to X units, falling by X% compared with the previous year's figure. Total imports indicated a measured expansion 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 decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, reel cutting slitter imports expanded to $X in 2023. Total imports indicated a moderate 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, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Germany (X units), the Netherlands (X units), France (X units), Italy (X units), Spain (X units), Poland (X units), Romania (X units), Belgium (X units), Finland (X units), Malta (X units), the Czech Republic (X units) and Ireland (X units) was the largest importer of combined reel slitting and re-reeling cutting machines for paper and paperboard in the European Union, achieving X% of total import.

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

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Italy, Poland, Spain, Finland, Ireland, Belgium, Romania, the Czech Republic and Malta lagged somewhat behind, together comprising a further X%.

Malta, 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

In 2023, the import price in the European Union amounted to $X per unit, increasing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the maximum in 2023 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform