Asia-Pacific: Book Folding Machine Market 2024

Book Folding Machine Market Size in Asia-Pacific

The Asia-Pacific book folding machine market declined to $X.6B in 2022, approximately equating the previous year. Over the period under review, consumption recorded a noticeable descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X.9B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Book Folding Machine Production in Asia-Pacific

In value terms, book folding machine production reduced modestly to $X.1B in 2022 estimated in export price. In general, production showed a perceptible descent. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X.5B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Book Folding Machine Exports

Exports in Asia-Pacific

In 2022, shipments abroad of folding machines for books increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, book folding machine exports expanded remarkably to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, China (X units) represented the largest exporter of folding machines for books, constituting X% of total exports. Thailand (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Australia (X%). Japan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to book folding machine exports from China stood at X%. At the same time, Thailand (X%) and Australia (X%) displayed positive paces of growth. Moreover, Thailand 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. While the share of Thailand (X p.p.) and Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X), Japan ($X) and China ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Book Folding Machine Imports

Imports in Asia-Pacific

After four years of decline, supplies from abroad of folding machines for books increased by X% to X units in 2022. Overall, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, book folding machine imports declined notably to $X in 2022. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) and India (X units) were the largest importers of folding machines for books in Asia-Pacific, together constituting X% of total imports. Singapore (X units) ranks next in terms of the total imports with a X% share, followed by China (X%), the Philippines (X%) and South Korea (X%). The following importers - Indonesia (X units) and Hong Kong SAR (X units) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported folding machines for books in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

In China, book folding machine imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a mild reduction. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then dropped sharply in the following year.

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 China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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