Asia-Pacific: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Asia-Pacific

The Asia-Pacific reel cutting slitter market declined modestly to $X.4B in 2022, shrinking by X% against the previous year. In general, consumption, however, saw significant growth. Over the period under review, the market hit record highs at $X.2B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Reel Cutting Slitter Production in Asia-Pacific

In value terms, reel cutting slitter production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X.3B in 2019; however, from 2020 to 2022, production failed to regain momentum.

Reel Cutting Slitter Exports

Exports in Asia-Pacific

In 2022, after five years of growth, there was significant decline in shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, when their volume decreased by X% to X units. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then contracted in the following year.

In value terms, reel cutting slitter exports contracted significantly to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

China dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), comprising a X% share of total exports. Japan (X units), South Korea (X units), Vietnam (X units), Thailand (X units) and Singapore (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Thailand (X%), Singapore (X%), South Korea (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. China (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Taiwan (Chinese) and Japan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest reel cutting slitter supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, reel cutting slitter exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, dropping by X% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced mixed trends in the export price figures.

Reel Cutting Slitter Imports

Imports in Asia-Pacific

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were imported in Asia-Pacific; shrinking by X% on 2021 figures. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, reel cutting slitter imports shrank to $X in 2022. Overall, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China was the key importing country with an import of around X units, which recorded X% of total imports. India (X units) took the second position in the ranking, followed by Indonesia (X units), South Korea (X units), Vietnam (X units), Thailand (X units) and Cambodia (X units). All these countries together held approx. X% share of total imports. Australia (X units), Japan (X units), Bangladesh (X units), Malaysia (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of imports of combined reel slitting and re-reeling cutting machines for paper and paperboard. At the same time, Cambodia (X%), South Korea (X%), Vietnam (X%), India (X%), Bangladesh (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Australia and Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Thailand (X%), Japan (X%) and Indonesia (X%) illustrated a downward trend over the same period. South Korea (X p.p.), Cambodia (X p.p.), India (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Japan, Thailand and Indonesia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest reel cutting slitter importing markets in Asia-Pacific were India ($X), China ($X) and Vietnam ($X), together accounting for X% of total imports. Thailand, Australia, Indonesia, Malaysia, Japan, South Korea, Taiwan (Chinese), Bangladesh and Cambodia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cambodia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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