United Kingdom: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in the UK

The UK paper making machinery market stood at $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Paper Making Machinery Production in the UK

In value terms, paper making machinery production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Paper Making Machinery Exports

Exports from the UK

In 2022, exports of machinery for making up paper pulp, paper or paperboard from the UK fell notably to X units, with a decrease of X% compared with the previous year. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper making machinery exports shrank to $X in 2022. Overall, exports showed a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for paper making machinery exports from the UK, with a X% share of total exports. Moreover, paper making machinery exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, the largest markets for paper making machinery exported from the UK were the United States ($X), Germany ($X) and Australia ($X), together accounting for X% of total exports. The Netherlands, France, Argentina, Ireland, Belgium, India, Italy, Canada, China and Pakistan lagged somewhat behind, together accounting for a further X%.

India, 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

In 2022, the average paper making machinery export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Italy ($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 India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into the UK

In 2022, purchases abroad of machinery for making up paper pulp, paper or paperboard was finally on the rise to reach X units after two years of decline. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, paper making machinery imports soared to $X in 2022. In general, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X units), Germany (X units) and China (X units) were the main suppliers of paper making machinery imports to the UK, together comprising X% of total imports. The Netherlands, France, Switzerland, Slovenia, the United States, Taiwan (Chinese) and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest paper making machinery suppliers to the UK were Italy ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. China, Switzerland, France, the United States, Taiwan (Chinese), the Czech Republic and Slovenia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 average paper making machinery import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

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