China: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in China

In 2022, the Chinese paperboard container machine market increased by 1,020% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption posted a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Paperboard Container Machine Production in China

In value terms, paperboard container machine production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 60%. Paperboard container machine production peaked at $X in 2019; afterwards, it flattened through to 2022.

Paperboard Container Machine Exports

Exports from China

In 2022, overseas shipments of machines for making containers of paper or paperboard increased by 56% to X units, rising for the seventh consecutive year after two years of decline. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 122% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, paperboard container machine exports surged to $X in 2022. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2013 when exports increased by 100% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X units), India (X units) and the United Arab Emirates (X units) were the main destinations of paperboard container machine exports from China, with a combined 32% share of total exports. Turkey, Mexico, the United States, Thailand, Indonesia, Russia, Malaysia, Bangladesh, the Philippines and Saudi Arabia lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +56.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Vietnam ($X) and Mexico ($X) constituted the largest markets for paperboard container machine exported from China worldwide, with a combined 27% share of total exports.

Among the main countries of destination, Mexico, with a CAGR of +29.9%, recorded 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

In 2022, the average paperboard container machine export price amounted to $X per unit, dropping by -20.7% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 6.6% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 the United Arab Emirates (-5.7%), while the prices for the other major destinations experienced a decline.

Paperboard Container Machine Imports

Imports into China

In 2022, approx. X units of machines for making containers of paper or paperboard were imported into China; dropping by -33.5% compared with the previous year. Over the period under review, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 79% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, paperboard container machine imports fell sharply to $X in 2022. In general, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 62%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), South Korea (X units) and Japan (X units) were the main suppliers of paperboard container machine imports to China, with a combined 50% share of total imports. These countries were followed by the United States, the UK, Iran and Slovakia, which together accounted for a further 19%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +100.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of machines for making containers of paper or paperboard to China, comprising 48% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.7% per year) and the UK (+156.7% per year).

Import Prices by Country

The average paperboard container machine import price stood at $X per unit in 2022, falling by -41.8% against the previous year. Overall, the import price recorded a noticeable descent. The growth pace was the most rapid in 2020 an increase of 99% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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