China - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery for Packing Price in China - 2023
Contents:
- Machinery for Packing Price in China (CIF) - 2022
- Machinery for Packing Price in China (FOB) - 2022
- Machinery for Packing Imports in China
- Machinery for Packing Exports in China
Machinery for Packing Price in China (CIF) - 2022
The average machinery for packing import price stood at $1,429 per unit in 2022, reducing by -29.9% against the previous year. In general, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2016 when the average import price increased by 41% against the previous year. The import price peaked at $2,039 per unit in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($31,916 per unit), while the price for Germany ($510 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery for Packing Price in China (FOB) - 2022
The average machinery for packing export price stood at $178 per unit in 2022, reducing by -33.8% against the previous year. Overall, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 17%. As a result, the export price reached the peak level of $1,155 per unit. From 2014 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 Vietnam ($296 per unit), while the average price for exports to Chile ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-11.9%), while the prices for the other major destinations experienced a decline.
Machinery for Packing Imports in China
In 2022, imports of machinery for packing or wrapping into China surged to 417K units, increasing by 18% compared with 2021. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, machinery for packing imports dropped remarkably to $596M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of $722M, and then plummeted in the following year.
| Import of Machinery for Packing in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 158 | 129 | 109 | 174 | 3.3% |
| Japan | 113 | 114 | 118 | 106 | -2.1% |
| Malaysia | 41.9 | 77.2 | 194 | 103 | 35.0% |
| Italy | 94.2 | 65.1 | 98.2 | 74.4 | -7.6% |
| South Korea | 33.7 | 27.6 | 30.6 | 23.9 | -10.8% |
| Switzerland | 14.6 | 9.2 | 10.0 | 14.5 | -0.2% |
| Taiwan (Chinese) | 33.5 | N/A | N/A | N/A | 0% |
| Others | 64.2 | 112 | 163 | 101 | 16.3% |
| Total | 554 | 533 | 722 | 596 | 2.5% |
Top Suppliers of Machinery for Packing to China in 2022:
- Germany (341.3K units)
- Malaysia (40.7K units)
- Switzerland (10.4K units)
- Japan (5.1K units)
- Italy (2.8K units)
- South Korea (0.7K units)
Machinery for Packing Exports in China
Machinery for packing exports from China skyrocketed to 3.7M units in 2022, increasing by 49% against 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, machinery for packing exports dropped modestly to $656M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports attained the peak of $665M, and then shrank modestly in the following year.
| Export of Machinery for Packing in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.5 | 49.9 | 48.6 | 51.9 | 15.7% |
| Vietnam | 50.8 | 42.7 | 58.0 | 47.8 | -2.0% |
| Indonesia | 32.0 | 27.2 | 40.7 | 45.6 | 12.5% |
| Thailand | 22.4 | 30.6 | 37.2 | 39.7 | 21.0% |
| India | 35.9 | 30.3 | 34.2 | 38.9 | 2.7% |
| Malaysia | 29.5 | 19.7 | 28.9 | 38.4 | 9.2% |
| Japan | 18.8 | 14.7 | 22.6 | 26.1 | 11.6% |
| South Korea | 14.3 | 22.2 | 30.0 | 22.2 | 15.8% |
| Germany | 5.2 | 7.2 | 10.1 | 15.4 | 43.6% |
| Philippines | 13.8 | 15.9 | 13.3 | 13.8 | 0.0% |
| Netherlands | 8.4 | 11.8 | 13.4 | 10.0 | 6.0% |
| Egypt | 6.3 | 9.8 | 8.6 | 8.7 | 11.4% |
| Chile | 2.1 | 4.0 | 5.2 | 4.2 | 26.0% |
| Others | 248 | 260 | 314 | 293 | 5.7% |
| Total | 521 | 546 | 665 | 656 | 8.0% |
Top Export Markets for Machinery for Packing from China in 2022:
- United States (461.7K units)
- Indonesia (326.1K units)
- Malaysia (300.0K units)
- India (212.7K units)
- Philippines (165.9K units)
- Vietnam (161.3K units)
- South Korea (159.8K units)
- Thailand (153.8K units)
- Germany (141.2K units)
- Japan (117.7K units)
- Chile (86.0K units)
- Netherlands (85.6K units)
- Egypt (71.5K units)
This report provides an in-depth analysis of the machinery for packing market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In April 2023, the machinery for packing price amounted to $32,857 per unit (CIF, China), jumping by 24% against the previous month.
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Explore the world's top import markets for machinery for packing, including the United States, China, Russia, Germany, France, and more. Get insights into import values and key statistics.
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Explore the top import markets for filling containers machinery worldwide, including the United States, China, and the United Kingdom. Get key statistics and insights from IndexBox market intelligence platform.
