China: Paper Machinery Market 2024

Paper Machinery Market Size in China

The Chinese paper machinery market reduced to $X,293.2B in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Paper machinery consumption peaked at $X,630B in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Paper Machinery Production in China

In value terms, paper machinery production dropped slightly to $X,572.4B in 2022 estimated in export price. In general, the total production indicated a perceptible increase 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Paper machinery production peaked at $X,263.1B in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Paper Machinery Exports

Exports from China

In 2022, the amount of machinery for making paper or paperboard exported from China expanded rapidly to X units, surging by X% compared with 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, paper machinery exports shrank to $X in 2022. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Vietnam (X units) and Nigeria (X units) were the main destinations of paper machinery exports from China, together accounting for X% of total exports. Germany, India, Egypt, the United States, Russia, Turkey, Indonesia, the Netherlands, Malaysia and Bangladesh lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper machinery exported from China were Germany ($X), Vietnam ($X) and the United States ($X), together accounting for X% of total exports. The United Arab Emirates, Nigeria, India, Malaysia, the Netherlands, Indonesia, Turkey, Egypt, Russia and Bangladesh lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The average paper machinery export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 Malaysia (X%), while the prices for the other major destinations experienced a decline.

Paper Machinery Imports

Imports into China

Paper machinery imports into China surged to X units in 2022, growing by X% on the previous year. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, paper machinery imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X units), Germany (X units) and Finland (X units) were the main suppliers of paper machinery imports to China, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Finland ($X) constituted the largest paper machinery suppliers to China, with a combined X% share of total imports.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average paper machinery import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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