Asia-Pacific: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Asia-Pacific

The Asia-Pacific paper moulding machine market contracted to $X.8B in 2022, shrinking by X% against the previous year. Over the period under review, consumption saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of consumption peaked at $X.3B in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Paper Moulding Machine Production in Asia-Pacific

In value terms, paper moulding machine production contracted modestly to $X.4B in 2022 estimated in export price. In general, production saw a noticeable decline. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X.8B in 2016; however, from 2017 to 2022, production remained at a lower figure.

Paper Moulding Machine Exports

Exports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in overseas shipments of machines for moulding articles in paper pulp, paper or paperboard, which increased by X% to X units in 2022. In general, exports showed strong growth. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, paper moulding machine exports shrank slightly to $X in 2022. Total exports indicated a notable 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X units) represented the largest exporter of machines for moulding articles in paper pulp, paper or paperboard in Asia-Pacific, generating X% of total export.

China was also the fastest-growing in terms of the machines for moulding articles in paper pulp, paper or paperboard exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest paper moulding machine supplier in Asia-Pacific.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Paper Moulding Machine Imports

Imports in Asia-Pacific

Paper moulding machine imports rose modestly to X units in 2022, with an increase of X% on 2021 figures. In general, imports recorded strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, paper moulding machine imports rose to $X in 2022. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) and Indonesia (X units) were the major importers of machines for moulding articles in paper pulp, paper or paperboard in Asia-Pacific, together finishing at approx. X% of total imports. Vietnam (X units) took the next position in the ranking, followed by Thailand (X units). All these countries together took approx. X% share of total imports. The following importers - South Korea (X units), Malaysia (X units) and Bangladesh (X units) - together made up X% of total imports.

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

In value terms, the largest paper moulding machine importing markets in Asia-Pacific were India ($X), Indonesia ($X) and Vietnam ($X), with a combined X% share of total imports. Thailand, Malaysia, South Korea and Bangladesh lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, South Korea, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in Asia-Pacific amounted to $X per unit, leveling off at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 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 ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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