Australia: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Exports

Exports from Australia

Reel cutting slitter exports from Australia reduced dramatically to X units in 2022, with a decrease of -83.7% on 2021. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 101% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, reel cutting slitter exports reduced rapidly to $X in 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when exports increased by 234%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for reel cutting slitter exports from Australia, accounting for a 37% share of total exports. Moreover, reel cutting slitter exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), twofold. The UK (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-8.8% per year) and the UK (+13.0% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for combined reel slitting and re-reeling cutting machines for paper and paperboard exports from Australia, comprising 37% of total exports. The second position in the ranking was held by the United States ($X), with an 18% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.9% per year) and the UK (+5.2% per year).

Export Prices by Country

The average reel cutting slitter export price stood at $X per unit in 2022, growing by 7.4% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 121%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($X per unit) and New Zealand ($X per unit), while the average price for exports to the UK ($X per unit) and Fiji ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Australia

In 2022, after two years of growth, there was significant decline in supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, when their volume decreased by -40.5% to X units. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of X units, and then declined dramatically in the following year.

In value terms, reel cutting slitter imports reduced notably to $X in 2022. In general, imports, however, continue to indicate a moderate increase. The growth pace was the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest reel cutting slitter supplier to Australia, with a 53% share of total imports. Moreover, reel cutting slitter imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was taken by Switzerland (X units), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.2% per year) and Switzerland (+0.8% per year).

In value terms, China ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Australia, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 10% share of total imports. It was followed by Switzerland, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.9% per year) and Switzerland (-5.2% per year).

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, reducing by -5.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the price for Japan ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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