China: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in China

The Chinese paper moulding machine market shrank dramatically to $X in 2022, dropping by -30.5% against the previous year. In general, consumption showed a deep setback. The growth pace was the most rapid in 2016 with an increase of 5.9% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Paper Moulding Machine Production in China

In value terms, paper moulding machine production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2016 with an increase of 4.3%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Paper Moulding Machine Exports

Exports from China

In 2022, approx. X units of machines for moulding articles in paper pulp, paper or paperboard were exported from China; jumping by 69% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 82%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, paper moulding machine exports totaled $X in 2022. Overall, exports posted buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of 55% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X units) was the main destination for paper moulding machine exports from China, accounting for a 27% share of total exports. Moreover, paper moulding machine exports to India exceeded the volume sent to the second major destination, Yemen (X units), fourfold. The third position in this ranking was held by Vietnam (X units), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (+80.9% per year) and Vietnam (+29.8% per year).

In value terms, India ($X), Vietnam ($X) and the United States ($X) appeared to be the largest markets for paper moulding machine exported from China worldwide, with a combined 32% share of total exports. Turkey, Russia, Mexico, Yemen, the United Arab Emirates, Indonesia, the Philippines, Bangladesh, Iraq and Egypt lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, Iraq, with a CAGR of +42.7%, recorded the highest rates of growth with regard to 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 paper moulding machine export price amounted to $X per unit, shrinking by -33.9% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 9.6% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 Vietnam ($X per unit), while the average price for exports to Egypt ($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 (-3.7%), while the prices for the other major destinations experienced a decline.

Paper Moulding Machine Imports

Imports into China

In 2022, the amount of machines for moulding articles in paper pulp, paper or paperboard imported into China soared to X units, with an increase of 30% on 2021 figures. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 290% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, paper moulding machine imports dropped dramatically to $X in 2022. Overall, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2016 when imports increased by 243%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest paper moulding machine supplier to China, accounting for a 65% share of total imports. Moreover, paper moulding machine imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+12.6% per year) and Japan (-17.1% per year).

In value terms, the largest paper moulding machine suppliers to China were Germany ($X), Spain ($X) and Japan ($X), together comprising 65% of total imports.

Spain, with a CAGR of +6.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average paper moulding machine import price stood at $X per unit in 2022, reducing by -61% against the previous year. Overall, the import price saw a drastic downturn. The growth pace was the most rapid in 2018 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood 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 Japan ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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