Italy: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Italy

In 2022, the Italian paper bag machine market was finally on the rise to reach $X.9B after two years of decline. Overall, consumption, however, continues to indicate a pronounced contraction. Paper bag machine consumption peaked at $X.6B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Paper Bag Machine Production in Italy

In value terms, paper bag machine production reduced markedly to $X in 2022 estimated in export price. In general, production posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Paper Bag Machine Exports

Exports from Italy

In 2022, exports of machines for making bags, sacks or envelopes of paper or paperboard from Italy dropped sharply to X units, which is down by X% compared with 2021. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then reduced rapidly in the following year.

In value terms, paper bag machine exports reduced remarkably to $X in 2022. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

Turkey (X units), Portugal (X units) and India (X units) were the main destinations of paper bag machine exports from Italy, together comprising X% of total exports. Spain, Saudi Arabia, Germany, Slovenia, the United States, Ukraine, the United Arab Emirates, France, Colombia and Croatia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper bag machine exported from Italy were Turkey ($X), Portugal ($X) and Germany ($X), with a combined X% share of total exports. Spain, Slovenia, India, Saudi Arabia, the United Arab Emirates, the United States, France, Colombia, Croatia and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Machine Imports

Imports into Italy

In 2022, the amount of machines for making bags, sacks or envelopes of paper or paperboard imported into Italy skyrocketed to X units, jumping by X% against 2021. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, paper bag machine imports contracted to $X in 2022. In general, imports recorded a slight increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of paper bag machine to Italy, accounting for a X% share of total imports. Moreover, paper bag machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Italy, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average paper bag machine import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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