Asia-Pacific: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Asia-Pacific

The Asia-Pacific finishing paper machinery market reduced to $X.6B in 2022, which is down by X% against the previous year. Over the period under review, consumption recorded a mild decline. Over the period under review, the market hit record highs at $X.5B in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Finishing Paper Machinery Production in Asia-Pacific

In value terms, finishing paper machinery production dropped modestly to $X.1B in 2022 estimated in export price. Over the period under review, production recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X.1B in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Finishing Paper Machinery Exports

Exports in Asia-Pacific

In 2022, exports of machinery for finishing paper or paperboard in Asia-Pacific declined to X units, with a decrease of X% on 2021. Overall, exports, however, enjoyed a measured expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, finishing paper machinery exports shrank to $X in 2022. Total exports indicated a measured 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 pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China was the main exporting country with an export of around X units, which amounted to X% of total exports. Taiwan (Chinese) (X units) ranks second in terms of the total exports with a X% share, followed by Japan (X%). South Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the machinery for finishing paper or paperboard exports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. By contrast, Japan (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 total exports, while Japan and Taiwan (Chinese) saw its share reduced by 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 ($X) remains the largest finishing paper machinery supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 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 ($X per unit), while South Korea ($X per unit) was amongst the lowest.

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

Finishing Paper Machinery Imports

Imports in Asia-Pacific

In 2022, finishing paper machinery imports in Asia-Pacific rose markedly to X units, surging by X% against the previous year's figure. Over the period under review, imports, however, showed a slight setback. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, finishing paper machinery imports amounted to $X in 2022. In general, imports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X units), China (X units), Taiwan (Chinese) (X units), South Korea (X units), India (X units), Malaysia (X units), Pakistan (X units), Indonesia (X units), Bangladesh (X units) and Thailand (X units) represented the main importer of machinery for finishing paper or paperboard in Asia-Pacific, making up X% of total import.

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

In value terms, Vietnam ($X), India ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Korea, Pakistan, Taiwan (Chinese), Malaysia, Thailand, Indonesia and Bangladesh lagged somewhat behind, together accounting for a further X%.

Pakistan, with a CAGR of X%, recorded 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 2022, the import price in Asia-Pacific amounted to $X per unit, falling by X% against the previous year. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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