U.S.: Paper Machinery Market 2024

Paper Machinery Market Size in the U.S.

The U.S. paper machinery market stood at $X,817.4B in 2022, picking up by X% against the previous year. Overall, consumption enjoyed a resilient expansion. Paper machinery consumption peaked at $X,600.2B in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Paper Machinery Production in the U.S.

In value terms, paper machinery production rose sharply to $X,344.2B in 2022. In general, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Paper machinery production peaked at $X,223.6B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Paper Machinery Exports

Exports from the U.S.

Paper machinery exports from the United States dropped remarkably to X units in 2022, waning by X% against the previous year. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, paper machinery exports declined dramatically to $X in 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Colombia (X units), Mexico (X units) and Turkey (X units) were the main destinations of paper machinery exports from the United States, with a combined X% share of total exports.

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

In value terms, Mexico ($X) emerged as the key foreign market for machinery for making paper or paperboard exports from the United States, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Turkey (X% per year).

Export Prices by Country

The average paper machinery export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained 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 Canada ($X per unit), while the average price for exports to Colombia ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Machinery Imports

Imports into the U.S.

In 2022, the amount of machinery for making paper or paperboard imported into the United States soared to X units, increasing by X% compared with 2021. In general, imports recorded a temperate increase. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, paper machinery imports soared to $X in 2022. Over the period under review, imports saw a buoyant expansion. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of paper machinery to the United States, with a X% share of total imports. Moreover, paper machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. The third position in this ranking was taken by Hungary (X units), 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: Denmark (X% per year) and Hungary (X% per year).

In value terms, Finland ($X) constituted the largest supplier of machinery for making paper or paperboard to the United States, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

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

Import Prices by Country

In 2022, the average paper machinery import price amounted to $X per unit, dropping by X% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price 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, paper machinery import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced remarkably in the following year.

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

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

Source: IndexBox Platform

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